Question 1

Was $23,500 a good price for this 2016 BMW M3?

Accepted Answer

120 comparable 2016 BMW M3 listings sold at auction for a median of $14,950, spanning $8,200 to $22,800. At $23,500 this one went 57% above 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

What does a salvage mean for this BMW M3?

Accepted Answer

This 2016 BMW M3 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 3

How far is this BMW M3 from an export port?

Accepted Answer

The lot sat at IAAI in CA - LOS ANGELES. The nearest major vehicle export port is Long Beach, roughly 200 miles away. Moving a car that distance on an open carrier typically runs $250-$350, 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 4

What does "ENGINE STARTS" mean on this listing?

Accepted Answer

ENGINE STARTS is the auction's own condition note for this 2016 BMW M3. It is a short status flag applied by the auction, not the result of a mechanical inspection. Anything beyond that has to come from the photos and a physical inspection.

Question 5

Is 52,469 miles high for a 2016 BMW M3?

Accepted Answer

Comparable 2016 BMW M3 listings at auction averaged 77,515 miles across 120 sales, so at 52,469 miles this one sits 32% 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.

Question 6

Who sold this 2016 BMW M3?

Accepted Answer

The listing seller was STATE FARM INSURANCE. Seller type is a useful signal: insurers typically consign total-loss vehicles, rental and fleet operators consign on a cycle regardless of damage, and dealers consign trade-ins they do not want to retail. Each implies a different history behind the same damage label.

2016 BMW M3 BLACK 3.0L I-6 DI, DOHC, VVT, TURBO, 425HP - WBS8M9C57G5D31279 | $23,500

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