Copart sales history of BMW

2023 BMW 740i: A Luxury Salvage Opportunity from Copart Miami North

Discover a remarkable opportunity to acquire a sophisticated 2023 BMW 740i, recently sold at a State Farm Insurance auction. This premium luxury sedan, featuring a powerful 3.0L 6-cylinder engine and a sleek black exterior, sustained front-end damage along with minor dents and scratches. With an actual odometer reading of 50,526 miles, this vehicle presents a compelling project for enthusiasts or repair shops looking to restore a high-value automobile to its former glory.

Vehicle Overview

This 2023 BMW 740i, part of the latest G70 generation, embodies modern luxury and performance. Despite its current condition, the core elements of a prestigious driving experience remain, offering a chance to own a relatively new, high-end vehicle at a significantly reduced cost.

Performance & Features

Under the hood, this 740i boasts a robust 3.0L 6-cylinder GAS engine paired with a smooth AUTOMATIC transmission, delivering power to the Rear-wheel drive system. Known for its refined performance and advanced engineering, the BMW 7 Series provides an exceptional driving experience. The vehicle’s “ENHANCED VEHICLES” highlight suggests it may come with additional premium features or packages, further increasing its appeal once repaired.

Condition & Damage Report

The primary damage to this 2023 BMW 740i is categorized as FRONT END, indicating that the impact was concentrated at the front of the vehicle. Additionally, it has sustained MINOR DENT/SCRATCHES, which are typically cosmetic but should be assessed during the repair process. The vehicle was sold by State Farm Insurance, a common practice for vehicles deemed a total loss by insurers. The odometer displays an actual reading of 50,526 miles, confirming its usage prior to the incident. Prospective buyers should anticipate comprehensive repairs to the front fascia, potentially including structural components, cooling systems, lighting, and sensor arrays.

Auction Details

This BMW 740i, VIN WBA23EH09PCM61561, was auctioned on Copart.com from the Miami North, FL location. It was sold on May 20, 2025, with a final bid of $18,700. This pricing reflects its salvage status and the extent of the reported damage, offering a substantial discount compared to its pre-accident market value.

Detailed Specifications

* Vehicle ID: 2213595
* Year: 2023
* Manufacturer: BMW
* Model: 7 SERIES
* Generation: 740 I
* VIN: WBA23EH09PCM61561
* Cylinders: 6
* Body Type: Unknown
* Color: BLACK
* Engine: 3.0L 6 (GAS)
* Transmission: AUTOMATIC
* Drive Wheel: Rear-wheel drive
* Vehicle Type: AUTOMOBILE
* Odometer: 50,526 miles (Actual)
* Seller: State Farm Insurance
* Auction Location: COPART – Miami North, FL, United States
* Main Damage: FRONT END
* Secondary Damage: MINOR DENT/SCRATCHES
* Sale Date: May 20, 2025
* Final Bid: $18,700
* Highlights: ENHANCED VEHICLES

Pros and Cons of the BMW 7 Series (G70 Generation)

Considering a salvage luxury vehicle like this 2023 BMW 740i requires a balanced perspective. Here are some general advantages and considerations for this model, especially in a salvage condition.

Potential Advantages

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• Significant Savings: Acquire a high-end luxury sedan at a fraction of its market value.
• Powerful and Refined Engine: The 3.0L inline-six (B58) is renowned for its smooth power delivery and reliability.
• Luxurious Interior: Experience top-tier materials, advanced comfort features, and cutting-edge infotainment once restored.
• Advanced Technology: Benefit from BMW’s latest iDrive 8 system,