Copart sales history of BMW X1

2021 BMW X1 SDRIVE28I Salvage Auction Vehicle

Discover a compelling opportunity with this 2021 BMW X1 SDRIVE28I, available through a salvage auction. This Sport Utility vehicle, with a reported 56,334 actual miles on the odometer, presents an excellent chance for rebuilders, mechanics, or those seeking valuable parts. Located in Charlotte, NC, and offered by State Farm Group Insurance, this BMW X1 sustained primary damage to the Right Front and secondary damage to the RIGHT SIDE, holding a Salvage title from North Carolina.

Vehicle Overview

This 2021 BMW X1 SDRIVE28I, VIN WBXJG7C00M5T96575, is a modern and capable compact luxury SUV. Despite its current salvage status due to the specified damage, its relatively low mileage and premium engineering make it a prime candidate for restoration or as a donor vehicle. With keys available, this unit offers straightforward access for inspection and transport.

Key Specifications

Engine & Drivetrain

  • Engine: 2.0L I-4 DI, DOHC, VVT, turbo, 228HP
  • Cylinders: 4
  • Transmission: Automatic
  • Drive Wheel: Front Wheel Drive
  • Fuel Type: Gasoline

Exterior & Interior

  • Body Type: Sport Utility
  • Color: Unknown

Auction & Vehicle Details

  • Manufacturer: BMW
  • Model: X1 SDRIVE28I
  • Year: 2021
  • VIN: WBXJG7C00M5T96575
  • Odometer: 56,334 miles (Actual)
  • Title Type: Salvage (North Carolina)
  • Keys Available: Yes
  • Auction Lot: 39171056
  • Sale Date: June 10, 2024, 1:30 PM UTC
  • Location: Charlotte, NC
  • Seller: State Farm Group Insurance
  • Current Status: Not Sold (Final Bid: $7,350; Buy Now Price: $8,700)

Damage Assessment

The primary impact on this 2021 BMW X1 SDRIVE28I is concentrated on the Right Front, with additional secondary damage noted on the RIGHT SIDE. Prospective buyers are strongly encouraged to conduct a thorough inspection or review detailed images to fully understand the extent of the damage, which may include structural, mechanical, or cosmetic issues related to these impact points.

Potential & Opportunity

This salvage BMW X1 represents a significant opportunity. For experienced rebuilders, it could be transformed back into a roadworthy luxury SUV at a fraction of the cost of a clean-title vehicle. Alternatively, its powerful 2.0L turbo engine, automatic transmission, and numerous premium components make it an invaluable source for parts for other BMW X1 models, offering substantial savings on repairs.

Pros and Cons of a 2021 BMW X1 SDRIVE28I (Salvage)

Pros for this specific vehicle/model:

  • Significant Savings: Acquire a relatively new luxury SUV at a substantially lower price point compared to a clean-title vehicle.
  • Modern Features: Benefit from contemporary BMW engineering, technology, and comfort features.
  • Powerful and Efficient Engine: The 2.0L turbo engine offers excellent performance and fuel economy.
  • Relatively Low Mileage: With 56,334 actual miles, the core mechanical components likely have considerable life left.
  • Valuable Parts Source: Even if not rebuilt, its components are highly valuable for repairs on other BMW X1s.

Cons for this specific vehicle/model:

  • Salvage Title Implications: A salvage title can complicate future resale, insurance coverage, and vehicle registration.
  • Unknown Extent of Damage: While primary and secondary damage are noted, hidden issues may exist that require further investigation.
  • High Repair Costs: BMW parts and specialized labor can be expensive, potentially offsetting initial savings.
  • Potential for Structural Issues: Damage to the right front and side could indicate complex structural repairs are needed.
  • Depreciation: The vehicle’s value will be permanently affected by the salvage title, even after repairs.

Summary and Next Steps

This 2021 BMW X1 SDRIVE28I salvage auction vehicle offers a unique proposition for those with the expertise and resources to undertake a repair project or to utilize its valuable components. With its low mileage, desirable features, and the backing of State Farm Group Insurance as the seller, it’s an opportunity worth considering. The vehicle was not sold at its final bid of $7,350 but is available for a Buy Now price of $8,700. We highly recommend interested parties to review all available images, inspect the vehicle in person at the Charlotte, NC location, or arrange for a professional inspection before making a purchase decision.