Sold on April 14th, 2023. What do you think? Total loss vehicle too!
This 2002 BMW M3 coupe is finished in Laguna Seca Blue over gray Nappa leather and is powered by a 3.2L inline-six linked with a six-speed manual transmission and a limited-slip differential. The car was optioned without a sunroof, and additional equipment includes BBS CH-R wheels, Supersprint exhaust components, manually adjustable front sport seats, xenon headlights, an aftermarket steering wheel, a Nakamichi stereo head unit, a HiFi sound system, and automatic climate control. Modifications under previous ownership included the installation of Bilstein PSS10 coilovers and Ground Control camber plates along with reinforcing the front and rear subframes.
The Carfax report lists damage to the rear of the vehicle in February 2020, damage to the left side in February 2021, and damage to the front of the vehicle in June 2022. The report indicates that the car was declared a “total loss” by an insurance company in August 2022. A color variation is visible in the right-front fender, and the seller reports that the rear bumper cover has been repainted.
What is a Total Loss Vehicle?
An insurance or fleet company declares a vehicle a total loss when a claim exceeds approximately 75% of its pre-damage value or if the vehicle is stolen and not recovered. This damage threshold varies by company. These companies typically take possession and obtain the title. Not all total loss vehicles result in a DMV-reported branded title. This may occur when an insurance company's definition of a total loss is different than the state DMV's definition for a branded title or when the owner of the vehicle is a self-insured company, like a fleet or rental company.
The Carfax report shows the aforementioned damage reports and lists registration history in California and Washington. @bringatrailer #bringatrailer
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