Salvage value of a totaled F30

ycancha · 05-05-2015, 01:50 AM

Featured on BIMMERPOST.com

Well, my 2012 328i was totaled. Appraisal was OK and they put the salvage value at about $5,700 in case I want to keep it.

I'm wondering if it makes better sense to pay for the salvage to the insurance and try to sell it myself. A quick estimate at junkmycar.com is about $4,200 for an instant pick up but I can easily tell they are low-balling me. What could be a good price if I chose to list it at their site?

The car still starts and I don't think there is a fluid leak. Airbags didn't go off and the interior and electronics are pretty much in tact. It's the front right wheel, windshield, and front left window and its side mirror that's shot as well as the usual -- hood, front bumper, etc.

If you could share a similar experience, that'll be wonderful.

Heel328 · 05-05-2015, 02:29 AM

Sorry to hear man. Pictures?

Here's 1 that just sold on ebay for $8,100 -- http://www.ebay.com/itm/BMW-3-Series...m=351388570459

smithf80 · 05-05-2015, 05:54 AM

Pics?

Polo08816 · 05-05-2015, 06:45 AM

Quote:

Originally Posted by ycancha

Well, my 2012 328i was totaled. Appraisal was OK and they put the salvage value at about $5,700 in case I want to keep it.

I'm wondering if it makes better sense to pay for the salvage to the insurance and try to sell it myself. A quick estimate at junkmycar.com is about $4,200 for an instant pick up but I can easily tell they are low-balling me. What could be a good price if I chose to list it at their site?

The car still starts and I don't think there is a fluid leak. Airbags didn't go off and the interior and electronics are pretty much in tact. It's the front right wheel, windshield, and front left window and its side mirror that's shot as well as the usual -- hood, front bumper, etc.

If you could share a similar experience, that'll be wonderful.

Are you sure you can't just fix that with some touch up paint and a buffer?

Billfitz · 05-05-2015, 07:11 AM

The true salvage value is probably closer to $10k at retail. A yard that buys it for $4200 would expect to make at least that much selling off the parts, because they do have to make a profit, and it may take years before they sell off enough of the parts to get that profit. You could probably get $6k for just the engine and transmission if you had someone who wanted it. But a yard has a place to put it while waiting for customers who want the various parts. I wouldn't buy it from the insurance company unless I already had a firm buyer lined up who wanted to pay me more than what it cost me.

05-05-2015, 01:50 AM	#1
ycancha Registered 1 Rep 1 Posts Drives: 2015 228xi Join Date: Apr 2012 Location: West coast iTrader: (0)	Salvage value of a totaled F30 Featured on BIMMERPOST.com Well, my 2012 328i was totaled. Appraisal was OK and they put the salvage value at about $5,700 in case I want to keep it. I'm wondering if it makes better sense to pay for the salvage to the insurance and try to sell it myself. A quick estimate at junkmycar.com is about $4,200 for an instant pick up but I can easily tell they are low-balling me. What could be a good price if I chose to list it at their site? The car still starts and I don't think there is a fluid leak. Airbags didn't go off and the interior and electronics are pretty much in tact. It's the front right wheel, windshield, and front left window and its side mirror that's shot as well as the usual -- hood, front bumper, etc. If you could share a similar experience, that'll be wonderful.
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05-05-2015, 02:29 AM	#2
Heel328 First Lieutenant 78 Rep 369 Posts Drives: 2013 328i 6MT Join Date: Mar 2015 Location: Carolina iTrader: (0)	Sorry to hear man. Pictures? Here's 1 that just sold on ebay for $8,100 -- http://www.ebay.com/itm/BMW-3-Series...m=351388570459 __________________ 2013 328i 6MT 1995 S6* 1993 S4* 1984 944* 1988 16V GTI*
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05-05-2015, 05:54 AM	#3
smithf80 Major General 3616 Rep 5,728 Posts Drives: G80 M3 6MT Join Date: Mar 2014 Location: Long Island, NY iTrader: (1) Garage List 2022 G20 330i [9.00] 2018 F80 M3 [9.75]	Pics? __________________ Scott, Partner Insight Automotive Consulting Click HERE for all discounted BMW New Car Pricing Call/Text: 516-416-5481 Email: scott@insightautoconsulting.com
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05-05-2015, 07:11 AM	#5
Billfitz General 9801 Rep 18,323 Posts Drives: '15 328iX GT Join Date: Jan 2015 Location: New Hampshire iTrader: (0)	The true salvage value is probably closer to $10k at retail. A yard that buys it for $4200 would expect to make at least that much selling off the parts, because they do have to make a profit, and it may take years before they sell off enough of the parts to get that profit. You could probably get $6k for just the engine and transmission if you had someone who wanted it. But a yard has a place to put it while waiting for customers who want the various parts. I wouldn't buy it from the insurance company unless I already had a firm buyer lined up who wanted to pay me more than what it cost me.
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