Was $28,625 a good price for this 2021 BMW M3?

221 comparable 2021 BMW M3 listings sold at auction for a median of $19,050, spanning $9,100 to $35,750. At $28,625 this one went 50% above that median. Auction prices reflect as-is condition, so the gap usually comes down to damage severity, mileage and whether the car runs.

How much below its undamaged value did this BMW M3 sell for?

The insurer put this 2021 BMW M3's pre-damage retail value at $74,088. It sold for $28,625 — 61% below that. A gap this size is normal for auction vehicles: the buyer takes on the repair cost, the paperwork and the risk that damage is worse than the photos show.

What does a bill of sale (washington) mean for this BMW M3?

This 2021 BMW M3 was sold on a bill of sale (washington). The title type is the auction's own classification and determines what can legally be done with the vehicle afterwards.

Is 1 miles high for a 2021 BMW M3?

Comparable 2021 BMW M3 listings at auction averaged 46,462 miles across 221 sales, so at 1 miles this one sits 100% 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.

This BMW M3 has front end and damage — how does that affect it?

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.

Who sold this 2021 BMW M3?

The listing seller was Geico 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.

2021 BMW M3 COMPETITION 3.0L I-6 DI, DOHC, VVT, turbo, 503HP - WBS33AY03MFL32587 | $28,625

Price

$28,625

Auction service

IAAI

Sale Date

2/12/2024

Lot

#38381356

Full vehicle history reportAccidents · title brands · service records

ⓘ Historical Archive

This vehicle was sold at IAAI on February 12, 2024. We do not sell cars - we only provide auction history data.

Description

This is an entry presenting BMW M3 manufactured in 2021, represented by WBS33AY03MFL32587 VIN number.The auction took place on IAAI and it's latest price was $28,625. Below you can find more details about this vehicle, including engine type, damage, transmission and odometer.

MakeBMW
ModelM3
VINWBS33AY03MFL32587
Year2021
Body StyleSedan
Car KeysPRESENT
ColorN/A
Cylinders6 Cyl
Document TypeBill of Sale (Washington)
DriveREAR WHEEL DRIVE
Engine Type3.0L I-6 DI, DOHC, VVT, TURBO, 503HP
Estimated Retail Value$74088
FuelGASOLINE
Highlights
LocationDREAM RIDES (IL)
Odometer1 miles
Primary DamageFront End
Secondary Damage
SellerGeico Insurance
SeriesCOMPETITION
TransmissionAutomatic

In a notable event at the IAAI auction, a 2021 BMW M3 COMPETITION recently went under the hammer. The auction, which concluded on 2024-02-12 at the Dream Rides (IL) location, saw this vehicle being sold for 28625$. This figure stands in contrast to its estimated retail value of 74088$. The vehicle, bearing VIN WBS33AY03MFL32587 and lot number 38381356, was particularly popular and was bought from None. Located in Dream Rides (IL), this COMPETITION BMW M3 distinguished itself with its none exterior. It has registered 1 miles. Importantly, car keys are available for this vehicle. Though it has sustained front end damage, the vehicle was categorized as and comes with a salvage title, offering buyers full knowledge of its condition. The car is powered by a 3.0L I-6 DI, DOHC, VVT, turbo, 503HP engine, incorporating 6 Cyl cylinders. It features an rear wheel drive drivetrain and a automatic transmission, promising a superior driving experience. As a gasoline-powered vehicle, this BMW M3 successfully combines luxury with practicality, remaining a sought-after option despite its front end damage.

AutoBidCar provides comprehensive information about cars from COPART and IAAI auctions. A large database of vehicles ensures you are always informed before purchasing your dream vehicle.

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Sold For

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Market Price Comparison - 2021 BMW M3

Average market prices based on 221 recent auction sales. Prices vary by condition, mileage, and location.

Average USA Price

$19,050

Average Europe Price

$26,746

Price Range (USA)

$9,100 - $35,750

Note: These are median values from recent auction sales of 2021 BMW M3. Europe prices are estimated and may vary by country. Actual prices depend on vehicle condition, mileage, and market conditions.

How this 2021 BMW M3 compares

Based on recorded auction sales of this model with front end damage over the last 36 months. Figures are estimates drawn from past sales, not a valuation. Transport costs are indicative market rates, not quotes.

Against comparable sales: $28,625 — 50% above the $19,050 median across 221 sales
Against pre-damage value: 61% below the $74,088 estimated retail value
Mileage: 1 mi — 100% below the 46,462 mi average for this group
Keys: Present
Condition note
Title: Bill Of Sale (Washington)
Secondary damage
Seller: Geico Insurance

Frequently Asked Questions - 2021 BMW M3

Common questions about this vehicle and our auction data archive

Note: AutoBidCar is an archive service providing historical auction data. We do not sell vehicles or facilitate purchases. All information is provided for research purposes only.