WBSKG9C51BE369111

2011 BMW M3 Salvage Auction – A Performance Bargain?

This 2011 BMW M3, a true driver’s car, is now available through a salvage auction. While it sustained front-end and undercarriage damage, it presents a unique opportunity for a skilled mechanic, restorer, or enthusiast to acquire a legendary performance vehicle at a potentially significant discount. Read on for a detailed overview of this exciting project car.

Vehicle Overview

This blue 2011 BMW M3, identified by VIN WBSKG9C51BE369111, was sold at auction on December 16, 2024, through Copart. It features a desirable manual transmission and a powerful 4.0L V8 engine. With approximately 32,694 miles (52,616 km) on the odometer, this M3 has plenty of life left, assuming the damage can be properly addressed. The vehicle comes with a salvage title from Colorado and keys are available.

Detailed Specifications

Here’s a comprehensive breakdown of the key specifications for this 2011 BMW M3:

• Year: 2011
• Make: BMW
• Model: M3
• Generation: IV (E90)
• VIN: WBSKG9C51BE369111
• Engine: 4.0L V8
• Transmission: Manual
• Drive Wheel: Rear-Wheel Drive
• Fuel: Gas
• Cylinders: 8
• Color: Blue
• Odometer: 32,694 miles (52,616 km)
• Title: Salvage Title
• Damage: Front End, Undercarriage
• Keys Available: Yes
• Seller: USAA (Insurance Company)
• Auction Location: Colorado Springs, CO
• Original MSRP: $35,509
• Clean Wholesale Price: $16,500

Pros and Cons of Buying a Salvage 2011 BMW M3

Before bidding, carefully consider the potential advantages and disadvantages of purchasing this salvage vehicle.

Pros

• Potential Cost Savings: Salvage vehicles often sell for significantly less than their repaired market value.
• High-Performance Platform: The E90 M3 is a highly regarded performance car with a naturally aspirated V8 engine.
• Manual Transmission: The manual transmission is highly sought after by enthusiasts.
• Parts Availability: Parts for the E90 M3 are generally readily available.
• Project Car Opportunity: This is a chance to build a unique M3 to your exact specifications.

Cons

• Significant Damage: The front-end and undercarriage damage could be extensive and costly to repair.
• Salvage Title Restrictions: A salvage title can affect insurance rates and resale value.
• Potential Hidden Damage: There may be unseen damage beyond what is immediately apparent.
• Repair Complexity: Repairing a modern BMW requires specialized knowledge and equipment.
• Reliability Concerns: E90 M3s can have issues with rod bearings, throttle actuators, and other components, which could be exacerbated by the accident.

Auction Details

This 2011 BMW M3 was sold on Copart, lot number 71927534, from the Colorado Springs location. While the final bid is not available, the original MSRP was $35,509, and the clean wholesale price was estimated at $16,500. Keep in mind that the final repair cost will need to be factored into your investment.

Summary

This 2011 BMW M3 salvage auction represents a compelling opportunity for the right buyer. With its desirable features and performance pedigree, this vehicle could be a rewarding project. However, thorough inspection and careful consideration of the potential repair costs are essential before placing a bid. Remember to factor in the salvage title implications and potential long-term maintenance costs associated with this model. Good luck!