Question 1

Was $26,250 a good price for this 2024 BMW M8?

Accepted Answer

59 comparable 2024 BMW M8 listings sold at auction for a median of $36,425, spanning $18,200 to $51,100. At $26,250 this one went 28% 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

What does a salvage mean for this BMW M8?

Accepted Answer

This 2024 BMW M8 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 M8 from an export port?

Accepted Answer

The lot sat at IAAI in NJ - STATEN ISLAND. The nearest major vehicle export port is Newark, roughly 30 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 4

What does "RUN AND DRIVES" mean on this listing?

Accepted Answer

RUN AND DRIVES is the auction's own condition note for this 2024 BMW M8. 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

Is 6,945 miles high for a 2024 BMW M8?

Accepted Answer

Comparable 2024 BMW M8 listings at auction averaged 20,236 miles across 59 sales, so at 6,945 miles this one sits 66% 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

This BMW M8 has front & rear and rear 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.

2024 BMW M8 GRAN COUPE COMPETITION GREY 4.4L V-8 DI, DOHC, VVT, TURBO, 617HP - WBSGV0C05RCP42930 | $26,250

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