5UXCR4C03L9B38350

2020 BMW X5 SDRIVE40I Salvage Auction Vehicle

This 2020 BMW X5 SDRIVE40I presents a unique opportunity for buyers seeking a luxury SUV at a potentially reduced cost. This vehicle, offered through salvage auction, sustained engine damage and exterior burn, making it an ideal project for experienced mechanics, rebuilders, or parts suppliers. While it requires significant repair, it offers the potential for substantial savings compared to purchasing a similar vehicle in undamaged condition. Located in North Hollywood, CA, this X5 is ready for its next owner.

Vehicle Overview

This BMW X5 is a 4-door wagon equipped with a powerful 3.0L DOHC I-6 24V TWINPOWER engine and an automatic transmission. It features rear-wheel drive and comes in a sleek black exterior. Despite the damage, the vehicle retains some desirable features, including keys. The odometer shows a mere 1 mile, indicating minimal use before the incident. This auction represents a chance to acquire a luxury vehicle with significant upside potential.

Key Specifications

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

Pros and Cons

Potential Benefits

• Significant Cost Savings: Salvage vehicles are typically sold at a fraction of their retail value.
• High-Value Parts: Even if not fully repaired, the vehicle can provide valuable parts for other BMW X5 models.
• Project Opportunity: Ideal for mechanics or enthusiasts looking for a challenging and rewarding project.
• Luxury Features: Enjoy the comfort and features of a BMW X5 at a lower price point.
• Low Mileage: The vehicle has extremely low mileage, suggesting minimal wear and tear on unaffected components.

Potential Drawbacks

• Engine Damage: Requires significant engine repair or replacement.
• Exterior Burn: Bodywork and paint repairs will be necessary.
• Unknown Hidden Damage: Further inspection may reveal additional damage not immediately apparent.
• Salvage Title: The vehicle will have a salvage title, which may affect resale value and insurance options.
• Potential Repair Costs: Repair costs can quickly escalate, so careful budgeting is essential.

Auction Details

This 2020 BMW X5 SDRIVE40I is being offered at auction through IAAI in North Hollywood, CA. The sale date was March 1, 2023, and the final bid was $13,350. The seller is State Farm Group Insurance. The vehicle is listed as “stationary” and has sustained engine damage and exterior burn. Be sure to review all available images and information before bidding.

Summary

This salvage 2020 BMW X5 SDRIVE40I presents a compelling opportunity for the right buyer. While it requires significant repairs due to engine damage and exterior burn, the potential for cost savings and the availability of valuable parts make it a worthwhile consideration for experienced mechanics, rebuilders, or those seeking a project vehicle. Thorough inspection and careful budgeting are crucial to ensure a successful outcome.