Question 1

Was $9,600 a good price for this 2020 BMW 7ER?

Accepted Answer

242 comparable 2020 BMW 7ER listings sold at auction for a median of $15,000, spanning $7,200 to $22,300. At $9,600 this one went 36% below that median. Auction prices reflect as-is condition, so the gap usually comes down to damage severity, mileage and whether the car runs.

Question 2

This BMW 7ER sold without keys — does that matter?

Accepted Answer

Yes, usually. A missing key means the vehicle often cannot be started or moved under its own power at the yard, so its condition is harder to verify and buyers bid more cautiously. Replacing a modern key and reprogramming it to the immobiliser typically runs into the hundreds. It is one of the more common reasons an otherwise sound car sells below its comparables.

Question 3

What does a clear mean for this BMW 7ER?

Accepted Answer

This 2020 BMW 7ER was sold on a clear. A clean title means no total-loss brand was recorded at the point of sale, which is unusual at salvage auctions and typically lifts the price.

Question 4

How far is this BMW 7ER from an export port?

Accepted Answer

The lot sat at IAAI in NJ - MORGANVILLE. The nearest major vehicle export port is Newark, roughly 30 miles away. Moving a car that distance on an open carrier typically runs $200-$300, which is a real part of the landed cost and one reason identical cars fetch different bids depending on where they sit. Rates are indicative market figures rather than quotes, and rise with fuel prices and in winter.

Question 5

What does "NOT RUN" mean on this listing?

Accepted Answer

NOT RUN is the auction's own condition note for this 2020 BMW 7ER. It means the vehicle started and moved under its own power during a brief check at the yard. It is not a mechanical inspection and says nothing about how far it would drive. Anything beyond that has to come from the photos and a physical inspection.

Question 6

Is 50,917 miles high for a 2020 BMW 7ER?

Accepted Answer

Comparable 2020 BMW 7ER listings at auction averaged 68,324 miles across 242 sales, so at 50,917 miles this one sits 25% below that. At salvage auctions mileage moves the price far less than damage does — a low-mileage car with structural damage will still sell under a higher-mileage clean one.

2020 BMW 7ER 2020 BMW 740I WHITE 3.0L I-6 DI, DOHC, VVT, TURBO, 335HP - WBA7T2C01LGL17856 | $9,600

Price

Auction service

Sale Date

Lot

Description

Similar Cars

Other BMW 7ER listings

Other cars with repossession damage

Popular models BMW

Market Price Comparison - 2020 BMW 7ER

How this 2020 BMW 7ER compares

Frequently Asked Questions - 2020 BMW 7ER