WBA33EJ02RCR48098

2024 BMW 760 Xi Salvage Auction – Luxury Opportunity!

This 2024 BMW 760 Xi represents a unique opportunity to acquire a high-end luxury vehicle at a significantly reduced price. Offered at salvage auction due to vandalism and side damage, this white, all-wheel-drive sedan boasts a powerful 4.4L V8 engine and automatic transmission. Despite its salvage title, this BMW *runs and drives*, presenting a compelling project for the right buyer.

Vehicle Overview

This BMW 760 Xi comes from GEICO and is being offered with a salvage title. The vehicle sustained vandalism and side damage. It has an odometer reading of 8,320 miles. While the pre-accident price was over $131,000, the final bid at auction was $68,500. This vehicle is located in Hillsborough, New Jersey.

Key Auction Details

* Lot Number: 87464234
* Auction Site: Copart
* Sale Date: March 28, 2025
* Title: Salvage Title (NJ – Cert Of Title-Salvage)
* Condition: Run and Drives

Detailed Specifications

• Year: 2024
• Make: BMW
• Model: 7er
• VIN: WBA33EJ02RCR48098
• Odometer: 8,320 miles (Actual)
• Engine: 4.4L V8
• Transmission: Automatic
• Drive Wheel: All-Wheel Drive
• Fuel: Gas
• Cylinders: 8
• Color: White
• Damage: Vandalism, Side
• Title: Sc – Salvage Title
• Detailed Title: Nj – Cert Of Title-Salvage
• Keys Available: Yes
• Seller: GEICO (Insurance Company)
• Location: Hillsborough, NJ

Pros and Cons of Buying a Salvage BMW 760 Xi

Carefully consider the following potential advantages and disadvantages before bidding on this salvage vehicle:

Pros:

• Significant Cost Savings: Salvage vehicles are typically priced well below market value.
• High-End Luxury Features: Enjoy the comfort and technology of a top-tier BMW model.
• Potential for Restoration: With the right repairs, this vehicle can be restored to its former glory.
• Runs and Drives: The vehicle is reported to be in running condition, simplifying the initial assessment and transport.
• Relatively Low Mileage: With only 8,320 miles, the engine and other mechanical components likely have plenty of life left.

Cons:

• Salvage Title: A salvage title can affect resale value and insurance costs.
• Unknown Extent of Damage: Vandalism and side damage can be extensive and costly to repair.
• Potential Hidden Issues: There may be underlying mechanical or electrical problems not immediately apparent.
• Repair Costs: Luxury vehicles often have higher repair costs due to specialized parts and labor.
• Complex Repair Process: Modern BMWs are technologically advanced, requiring specialized knowledge and equipment for repairs.

Summary

This 2024 BMW 760 Xi salvage auction presents a compelling opportunity for mechanically inclined buyers, experienced restorers, or those seeking a luxury vehicle project. While the vandalism and side damage necessitate repairs, the potential cost savings and the allure of owning a high-end BMW make this a worthwhile consideration. Remember to thoroughly inspect the vehicle’s images and video, and consider a pre-purchase inspection to fully assess the extent of the damage before placing your bid.