Doing due diligence for a friend...

The HACK · 07-17-2014, 01:10 PM

5UMDU93467LL93824

Located in Bedford, VA. Black or Sapphire Black with Imola Red interior, about 87K miles on the clock. Looks to be a write-off.

Anyone know the history or why it's on a salvage lot? A friend of mine is looking to pick it up and recondition it into a BMW CCA/NASA competitive race car.

KevinC · 07-17-2014, 08:26 PM

I think this will explain why it was on a salvage lot...

http://www.auto.com/cars/BMW-M-2007-5UMDU93467LL93824

StickMon · 07-17-2014, 11:31 PM

All I can see is the right front is trashed, and "RUNS".
Looks like a steal. It'll buff out.

Finnegan · 07-18-2014, 12:22 AM

Ouch. Looks like it has heavy front involvement on the passenger side. Depends on how much work your friend can do. I've seen a E36 M3 cut back to the rails at the firewall and rebuilt into a competitive car. Just depends on skills, resources, and hours available.

The HACK · 07-18-2014, 01:40 AM

Quote:

Originally Posted by KevinC

I think this will explain why it was on a salvage lot...

http://www.auto.com/cars/BMW-M-2007-5UMDU93467LL93824

That's the listing he forwarded. Even with the miles, that's way too low to have caused the car to be "salvaged" IMO. That would indicate the car was worth less than $16k when insurance wrote it off.

If it's just front end frame damage, it can be fixed and reconditioned into any number of classes for around $10k. $18K for a decent race chassis would be a STEAL.

Just trying to figure out WHY it's so cheap.

StickMon · 07-18-2014, 11:44 AM

Exactly.
If I had somewhere to store it, I'd buy it just to keep for spare parts.
Maybe they left out a small detail like "after the crash it careened into a lake".

Arsonism · 07-18-2014, 12:00 PM

Quote:

Originally Posted by StickMon

Exactly.
If I had somewhere to store it, I'd buy it just to keep for spare parts.
Maybe they left out a small detail like "after the crash it careened into a lake".

Giggled out loud at work at this.

I saw this posting back up there last year sometime around September/October time frame. Makes me lean more towards hack's original assumption, something isn't being stated.

Arsonism · 07-18-2014, 01:32 PM

Quote:

Originally Posted by StickMon

Exactly.
If I had somewhere to store it, I'd buy it just to keep for spare parts.
Maybe they left out a small detail like "after the crash it careened into a lake".

Giggled out loud at work at this.

I saw this posting back up there last year sometime around September/October time frame. Makes me lean more towards hack's original assumption, something isn't being stated.

07-17-2014, 01:10 PM	#1
The HACK Midlife Crises Racing Silent but Deadly Class 1819 Rep 5,337 Posts Drives: 2006 MZ4C, 2021 Tesla Model 3 Join Date: Oct 2007 Location: Welcome to Jamaica have a nice day iTrader: (1)	Doing due diligence for a friend... 5UMDU93467LL93824 Located in Bedford, VA. Black or Sapphire Black with Imola Red interior, about 87K miles on the clock. Looks to be a write-off. Anyone know the history or why it's on a salvage lot? A friend of mine is looking to pick it up and recondition it into a BMW CCA/NASA competitive race car. __________________ Sitting on a beat-up office chair in front of a 5 year old computer in a basement floor, sipping on stale coffee watching a bunch of meaningless numbers scrolling aimlessly on a dimly lit 19” monitor.
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07-17-2014, 08:26 PM	#2
KevinC your average JAMF 3085 Rep 4,088 Posts Drives: '21 M2 Comp, '19 Golf R Join Date: Oct 2005 Location: Cochise County, AZ iTrader: (0) Garage List 2019 VW Golf R [0.00] 2021 BMW M2 Competi ... [0.00]	I think this will explain why it was on a salvage lot... http://www.auto.com/cars/BMW-M-2007-5UMDU93467LL93824 __________________ '21 M2 Comp '19 Golf R
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07-17-2014, 11:31 PM	#3
StickMon My other car is on Mars 636 Rep 3,124 Posts Drives: 2006 MR Join Date: Feb 2011 Location: Lo-Cal iTrader: (1)	All I can see is the right front is trashed, and "RUNS". Looks like a steal. It'll buff out. __________________ Warning: May contain traces of nuts.
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07-18-2014, 12:22 AM	#4
Finnegan Dog Listener 701 Rep 7,850 Posts Drives: Z4M/. Z3M, E36/46 M3 Join Date: Oct 2008 Location: Teaching the dog to slalom iTrader: (22)	Ouch. Looks like it has heavy front involvement on the passenger side. Depends on how much work your friend can do. I've seen a E36 M3 cut back to the rails at the firewall and rebuilt into a competitive car. Just depends on skills, resources, and hours available.
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07-18-2014, 11:44 AM	#6
StickMon My other car is on Mars 636 Rep 3,124 Posts Drives: 2006 MR Join Date: Feb 2011 Location: Lo-Cal iTrader: (1)	Exactly. If I had somewhere to store it, I'd buy it just to keep for spare parts. Maybe they left out a small detail like "after the crash it careened into a lake". __________________ Warning: May contain traces of nuts.
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