Question 1

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 2

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 3

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 4

This BMW M3 has electrical and flood 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 5

Is 11,326 miles high for a 2023 BMW M3?

Accepted Answer

Comparable 2023 BMW M3 listings at auction averaged 22,562 miles across 277 sales, so at 11,326 miles this one sits 50% 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 2023 BMW M3?

Accepted Answer

The listing seller was GEICO. 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.

2023 BMW M3 COMPETITION XDRIVE BLUE 3.0L I-6 DI, DOHC, VVT, TURBO, 503HP - WBS43AY07PFN39749 | N/A

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