WBA33EJ02RCR48098

2024 BMW 760 Xi Salvage Auction Find

This 2024 BMW 760 Xi presents a unique opportunity for buyers seeking a luxury vehicle at a potentially reduced price. This vehicle, being sold at auction with a salvage title due to vandalism and side damage, offers a chance to own a high-end car with some repair work required. It’s a “run and drives” condition vehicle, giving you a head start on the restoration.

Vehicle Overview

This white 2024 BMW 760 Xi is powered by a robust 4.4L 8-cylinder engine and features an automatic transmission with all-wheel drive. With only 8,320 miles on the odometer, this car has plenty of life left, making it a worthwhile project for the right buyer. The vehicle is being sold by GEICO and has a salvage title from New Jersey.

Detailed Specifications

• Year: 2024
• Make: BMW
• Model: 760 Xi
• VIN: WBA33EJ02RCR48098
• Odometer: 8,320 miles (Actual)
• Engine: 4.4L 8-Cylinder
• Transmission: Automatic
• Drive Wheel: All-Wheel Drive
• Fuel: Gas
• Cylinders: 8
• Color: White
• Title: Salvage Title (Sc – Salvage Title, Nj – Cert Of Title-Salvage)
• Damage: Vandalism & Side
• Keys Available: Yes
• Condition: Run and Drives
• Auction Location: NJ – Somerville, New Jersey, USA
• Seller: GEICO (Insurance Company)
• Lot Number: 87464234
• Domain: copart_com
• Sale Date: 2025-03-28
• Final Bid: $68,500
• Pre-Accident Price: $131,282
• Clean Wholesale Price: $105,200

Pros and Cons of Buying a Salvage BMW 760 Xi

Pros:

• Significant Cost Savings: Salvage vehicles are typically sold at a fraction of their pre-accident value.
• Opportunity for Customization: You can repair and customize the vehicle to your exact specifications.
• High-End Features: Enjoy the luxury and performance of a BMW 760 Xi at a lower price point.
• Potential for Profit: If repaired skillfully, the vehicle could be resold for a profit.
• Run and Drives Condition: The vehicle is in “run and drives” condition, meaning it’s not a complete wreck and can be moved under its own power.

Cons:

• Salvage Title: The vehicle has a salvage title, which can affect its resale value and insurability.
• Unknown Hidden Damage: There may be hidden damage beyond what is immediately visible.
• Repair Costs: Repairing vandalism and side damage on a luxury vehicle can be expensive.
• Potential for Electrical Issues: Modern BMWs can be prone to electrical issues, especially after damage.
• Time and Effort: Repairing a salvage vehicle requires time, effort, and potentially specialized skills.

Auction Information

This 2024 BMW 760 Xi was sold at auction on March 28, 2025, with a final bid of $68,500. The vehicle is located in Hillsborough, New Jersey, and was sold through Copart. The seller is GEICO, indicating it’s an insurance claim vehicle. The vehicle sustained vandalism and side damage, resulting in a salvage title. It is important to carefully review the provided images and video to assess the extent of the damage before considering a purchase.

Summary

This 2024 BMW 760 Xi salvage vehicle offers a compelling opportunity for mechanically inclined buyers or those looking for a project car. While the vandalism and side damage require attention, the “run and drives” condition and relatively low mileage make it a potentially rewarding investment. Remember to thoroughly inspect the vehicle’s images and consider the repair costs before bidding. Good luck!