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      10-08-2020, 02:59 PM   #1
GilM3
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Salvaged 2011 E92 M3 Worth?

Hey guys, I have a salvaged M3 2011. And want to get a feeler on how much it would be worth if I sold it.

2011 e92 M3
Salvaged Due to Accident rear driver quarter panel, rebuilt.
61k Miles
DCT
Nav
EPS
Carbon Roof (Needs clearcoat respray)
All fluids/filters and sparkplugs done at 60k miles
rear brakes done at 61k miles, front are about 70%
Have not done Rod Bearings, not sure if TA's have been done.
California Car.
Mechanically it is in great shape, no leaks, no check engine lights.

I have no clue how much it would be worth now, I bought it from a client (I'm an Insurance Agent) who gave it to me for incredibly cheap.

The bad: The Paint is bad, It is Jet Black I believe originally but Its was not taken care of, so I wrapped the car in 3M psychedelic flip. The rear Bumper brackets need to be aligned better at a body shop, never got around to going to one of our shops to get it done. Maybe i should do that before I sell it? Anyways Shoot me Ideas guys, just to help me out.
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      10-08-2020, 03:13 PM   #2
Cyberdemon
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I would say 15-20k. There was a very nice LMB E92 comp with a salvage title that I saw sitting for a very long time @ $22k though couldn't find it today so I don't know if it finally sold. But that car looked to be in great condition.

If the car is wrapped and has a peeling roof I think you should see about aligning the bumper. Nothing says "I really don't want this" like a salvage car with obvious damage. It just looks like it wasn't repaired properly (Because it wasn't).
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      10-08-2020, 03:50 PM   #3
Adriano917
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The way it sits and a salvaged title, I see it maybe $13k-$16k on the high side and $16k would be some dumb kid that just wants an M3 no matter what.
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      10-08-2020, 08:44 PM   #4
GilM3
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Quote:
Originally Posted by Cyberdemon View Post
I would say 15-20k. There was a very nice LMB E92 comp with a salvage title that I saw sitting for a very long time @ $22k though couldn't find it today so I don't know if it finally sold. But that car looked to be in great condition.

If the car is wrapped and has a peeling roof I think you should see about aligning the bumper. Nothing says "I really don't want this" like a salvage car with obvious damage. It just looks like it wasn't repaired properly (Because it wasn't).
Yeah ill do that asap. Thanks guys.
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      10-08-2020, 08:46 PM   #5
Jonzny
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$10-12k car tops
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      10-08-2020, 09:21 PM   #6
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Quote:
Originally Posted by Cyberdemon View Post
I would say 15-20k. There was a very nice LMB E92 comp with a salvage title that I saw sitting for a very long time @ $22k though couldn't find it today so I don't know if it finally sold. But that car looked to be in great condition.

If the car is wrapped and has a peeling roof I think you should see about aligning the bumper. Nothing says "I really don't want this" like a salvage car with obvious damage. It just looks like it wasn't repaired properly (Because it wasn't).
That is not true... I bought that blue LMB E92 comp as it came out right away.. It was still listed for about 10 days after I paid the deposit until I actually picked up the car, is what they do...

I was the first one to make the offer.. It only had front bumper damage, nothing else was bent. I removed the bumper and headlights to confirm...
It had 48,850 miles when I got it, drove it home and now it has 49,100k.

I would not shy way from a rebuilt title, if the car is in good nick and nothing was bent ... but rear damages are worse, as you cannot replace rear fender like you can on front, so it needs welding, etc..
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      10-08-2020, 09:22 PM   #7
torrque
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Her's the lmb you saw, my baby now:
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      10-08-2020, 09:27 PM   #8
torrque
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... and the guy who sold it had bigger offers then mine, so he could have probably sold for more. I saw the emails, as I was trying to negotiate down when I picked it up, as it had some issues.. tpms, automatic headlights, etc. I fixed all problems with parts under 200 bucks.
I would start with a cleanup on your car, and list at 20k...
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      10-09-2020, 06:17 AM   #9
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Quote:
Originally Posted by torrque View Post
... and the guy who sold it had bigger offers then mine, so he could have probably sold for more. I saw the emails, as I was trying to negotiate down when I picked it up, as it had some issues.. tpms, automatic headlights, etc. I fixed all problems with parts under 200 bucks.
I would start with a cleanup on your car, and list at 20k...
That's good info, but I don't think changes the range. Like I said and you confirmed, your car looked to be in great overall condition.

The OP mentioned his car needs to be unwrapped, painted and may still have damage that may or may not be related to the collision. I agree some eager 21 year old will probably be all over it either way but I still think that puts it sub $20 for sure.

There is still a really nice 2010 LMB sitting on here non rebuilt at $23k, so hard to understand why that car sits and a branded title one is able to go for only slightly less. I'd rather swap an interior than take that long term risk but that's me.

Either way car looks good, good luck with it.
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