5UXCR4C03L9B38350

2020 BMW X5 SDRIVE40I Salvage Auction Vehicle

This 2020 BMW X5 SDRIVE40I wagon is available for auction, presenting a unique opportunity for buyers seeking a luxury SUV project. This vehicle sustained engine damage and exterior burn, making it a salvage title vehicle. Located in North Hollywood, CA, this X5 is being offered by State Farm Group Insurance. While it has some damage, it offers a chance to own a desirable BMW X5 at a potentially reduced cost.

Vehicle Highlights

This BMW X5 is a rear-wheel-drive model equipped with a powerful 3.0L DOHC I-6 24V TwinPower engine and an automatic transmission. The vehicle is currently stationary, awaiting its next owner to bring it back to its full potential. Keys are available, which is a bonus for salvage vehicles. The odometer shows only 1 mile, indicating minimal use before the damage occurred.

Detailed Specifications

• Year: 2020
• Make: BMW
• Model: X5
• Generation: SDRIVE40I
• Body Type: Wagon 4 Dr.
• Color: Black
• VIN: 5UXCR4C03L9B38350
• Engine: 3.0L DOHC I-6 24V TWINPOWER
• Transmission: Automatic Transmission
• Drive Wheel: Rear Wheel Drive
• Fuel: Gasoline
• Odometer: 1 mile (Actual)
• Location: North Hollywood (CA)
• Damage: Engine Damage, Exterior Burn
• Keys: Available
• Auction Location: IAAI
• Lot Number: 35310525
• External ID: 39464380
• Sale Date: 2023-03-01T17:30:00.000000Z
• Final Bid: 13350

Pros and Cons of Purchasing a Salvage BMW X5

Consider these points when evaluating this salvage vehicle:

Pros:

• Potential Cost Savings: Salvage vehicles are typically sold at a significantly lower price than comparable vehicles with clean titles.
• Opportunity for Customization: This X5 can be rebuilt to your specifications, allowing for personalized modifications.
• Source for Parts: Even if not rebuilt, the vehicle can be a valuable source of parts for other BMW X5 owners.
• Luxury Features: Even with damage, the X5 retains its inherent luxury features and design.
• Relatively Low Mileage: The odometer reading of 1 mile suggests the engine damage occurred early in the vehicle’s life.

Cons:

• Engine Damage: The extent of the engine damage needs to be thoroughly assessed, which may require significant repairs or a complete engine replacement.
• Exterior Burn: The exterior burn damage needs to be repaired, which may include bodywork and paint.
• Salvage Title: A salvage title can affect resale value and insurance costs.
• Unknown History: While keys are available, the full history of the vehicle leading up to the damage may be unknown.
• Potential for Hidden Damage: There may be other underlying issues related to the engine damage and exterior burn that are not immediately apparent.

Auction Information

This 2020 BMW X5 SDRIVE40I was offered at auction through IAAI in North Hollywood, CA. The final bid was $13,350, but the vehicle was marked as “not sold”. This means it may be relisted or available for negotiation. Check with IAAI for the most up-to-date availability and bidding information using the provided lot and external IDs.

Summary

This salvage 2020 BMW X5 SDRIVE40I presents a project opportunity for those willing to invest time and resources into its repair. While the engine damage and exterior burn are significant concerns, the potential cost savings and the inherent luxury of the X5 make it a worthwhile consideration for experienced mechanics or those seeking a unique restoration project. Be sure to thoroughly inspect the vehicle and assess the full extent of the damage before making a purchase decision.