5UXCR4C02P9N44722

2023 BMW X5 sDrive40i Salvage Auction – Miami, FL

Looking for a luxury SUV at a fraction of the retail price? This 2023 BMW X5 sDrive40i is being offered at a salvage auction in Miami, Florida. While it has sustained minor damage, it’s a running and driving vehicle with relatively low mileage, presenting a unique opportunity for a savvy buyer to acquire a premium vehicle for repair or parts. Read on for detailed information about its condition, specifications, and potential pros and cons.

Vehicle Overview

This X5 is a rear-wheel-drive (sDrive) model powered by a responsive 3.0L 6-cylinder gas engine. It’s finished in grey and currently holds a Florida Certificate of Title (P). The vehicle is located at the FL – Miami Central branch and is listed on Copart.com under lot number 67194673. The auction is scheduled for October 26, 2023.

Detailed Specifications

Here’s a comprehensive breakdown of this 2023 BMW X5 sDrive40i:

• Year: 2023
• Make: BMW
• Model: X5 sDrive40i
• VIN: 5UXCR4C02P9N44722
• Odometer: 27,954 miles (Actual)
• Engine: 3.0L 6-Cylinder
• Fuel Type: Gas
• Drive Wheel: Rear (sDrive)
• Color: Grey
• Title: Certificate Of Title (P) – FL
• Damage: Minor Dent/Scratches
• Keys: Available
• Condition: Run and Drives
• Seller: Sixt (Rental Company)
• Location: Miami, FL
• Auction Site: Copart.com
• Lot Number: 67194673
• Buy Now Price: $51,200

Pros and Cons of Buying a Salvage BMW X5

Before bidding, consider the potential advantages and disadvantages of purchasing this salvage vehicle.

Pros

• Significant Cost Savings: Salvage vehicles typically sell for far less than their retail value.
• Potential for Profit: If you have the skills or resources to repair the vehicle, you could resell it for a profit.
• Source of Parts: Even if repair isn’t feasible, the vehicle can be a valuable source of parts for other BMWs.
• Relatively New Model: Being a 2023 model, it benefits from modern technology and features.
• Run and Drives Condition: The fact that it runs and drives suggests that the damage may be primarily cosmetic.

Cons

• Unknown Extent of Damage: While listed as “Minor Dent/Scratches,” a thorough inspection is recommended to assess the full extent of the damage.
• Potential for Hidden Issues: There may be underlying mechanical or electrical problems not immediately apparent.
• Difficulty Obtaining Insurance: Securing full coverage insurance on a salvage vehicle can be challenging.
• Resale Value: A salvage title will significantly impact the vehicle’s future resale value.
• Repair Costs: Even minor damage can be expensive to repair, especially on a luxury vehicle like a BMW.

Auction Information

This 2023 BMW X5 sDrive40i is being auctioned on Copart.com under lot number 67194673. The sale date is October 26, 2023. The vehicle is located at the FL – Miami Central branch. The Buy Now price is listed as $51,200.

Summary

This 2023 BMW X5 sDrive40i salvage auction presents an opportunity to acquire a relatively new luxury SUV at a potentially reduced price. However, potential buyers should carefully consider the risks associated with salvage vehicles, including the unknown extent of damage and potential repair costs. A thorough inspection and understanding of the auction process are highly recommended before placing a bid. Good luck!