Question 1

Was $48,200 a good price for this 2023 BMW M3?

Accepted Answer

296 comparable 2023 BMW M3 listings sold at auction for a median of $28,500, spanning $13,600 to $51,000. At $48,200 this one went 69% 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

This BMW M3 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 M3?

Accepted Answer

This 2023 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 4

How far is this BMW M3 from an export port?

Accepted Answer

The lot sat at IAAI in NY - STATEN ISLAND. The nearest major vehicle export port is Newark, roughly 160 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 2023 BMW M3. 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 18,881 miles high for a 2023 BMW M3?

Accepted Answer

Comparable 2023 BMW M3 listings at auction averaged 24,215 miles across 296 sales, so at 18,881 miles this one sits 22% 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.

2023 BMW M3 COMPETITION XDRIVE GREY 3.0L I-6 DI, DOHC, VVT, TURBO, 503HP - WBS43AY02PFN84856 | $48,200

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