Hey guys!
I have a 2017 X5M company car that my buddy wrecked a few weeks ago. It had 6,000 miles on it and was in flawless condition before it was wrecked. They are offering me $25,000 in salvage value for the car. Just by looking at it I figured I could pull the engine and major parts and sell them for much more than that. What do you guys think? Does anyone have experience with this? Am I in the right place?
Thanks!
https://drive.google.com/file/d/0B5E...ew?usp=sharing - right after the wreck
https://drive.google.com/file/d/0B5E...ew?usp=sharing - bad side
https://drive.google.com/file/d/0B5E...ew?usp=sharing - good side
https://drive.google.com/file/d/0B5E...ew?usp=sharing - inside front drivers seat
https://drive.google.com/file/d/0B5E...ew?usp=sharing - back seat
https://drive.google.com/file/d/0B5E...ew?usp=sharing - front
Where do you work where a X5 M is you're company vehicle? Ours is a 2001 Chevy box truck XD
From experience, I can tell you it's a ton of work parting cars, and that's on early 2000s cars where parts are worn out and in demand, I could imagine it being hard to unload some of then major parts for such a new car, there's probably not too many people that have blown up their engines, and they're too technically complex and expensive to be a viable aftermarket swap, not to mention, since you would be selling it as a private seller, you don't have the connections to local shops that would be most likely to buy the expensive driveline parts, odds are very good you wouldn't find a buyer that would purchase the engine from you without going through a shop. If it was me personally, on a car like this, it would make the most sense to sell it as salvage for the $25k. Also, quote shop a bit, even if it has to be hauled a few hours, if a different salvage yard makes an offer for $27k or something, it's well worth the drive.
Sent from my Nexus 6P using Tapatalk
"Buddy" lol
Company Car, Buddy, no full coverage on a new 100k+ car? Interesting.
Last edited by Dking078; 07-16-2017 at 07:03 PM.
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