Question 1

Was $17,300 a good price for this 2024 BMW 7ER?

Accepted Answer

184 comparable 2024 BMW 7ER listings sold at auction for a median of $42,000, spanning $23,150 to $55,750. At $17,300 this one went 59% 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 salvage mean for this BMW 7ER?

Accepted Answer

This 2024 BMW 7ER was sold on a salvage. A salvage title means an insurer declared the vehicle a total loss. Repairing it and passing a state inspection can convert it to a rebuilt title, which stays on the record permanently and affects resale value.

Question 4

What does "NOT RUN" mean on this listing?

Accepted Answer

NOT RUN is the auction's own condition note for this 2024 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 5

This BMW 7ER has left front and right front damage — how does that affect it?

Accepted Answer

Damage recorded in two areas usually points to a heavier impact than either label suggests on its own, and it raises the odds of structural damage behind the panels. The auction records the primary and secondary areas only; it does not assess the frame. Photographs and, where available, a physical inspection are the only way to judge how far it goes.

Question 6

Is 7,904 miles high for a 2024 BMW 7ER?

Accepted Answer

Comparable 2024 BMW 7ER listings at auction averaged 18,982 miles across 184 sales, so at 7,904 miles this one sits 58% 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.

2024 BMW 7ER 2024 BMW 740I BLACK 3.0L I-6 DI, DOHC, VVT, TURBO, 375HP - WBA23EH09RCS61668 | $17,300

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