Totaled 545i is insurance buy back worth it?
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04-05 545 used motor with high mileage can generally go for 4.500, low mileage can go for 6-7k. the whole transmission can go for as low as 1.700-3.500,NOT including labor ofcourse . 530i owners dont get any ideas !
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My Ride: 2006 BMW 550i
first off, you need to check your state's law regarding buyback. i know in illinois, the car has to be 9 years old to be eligible for buyback. this law is to prevent crooks from stripping a car, collecting insurance money, buying it back, then reassemble with the same stolen parts.