Featured this week is this slick 2006 BMW 530I 5 Series sedan with a salvage title. This car has 37,051 miles on it and is located in Paterson, New Jersey. The auction ends on Nov, 20th 2008 and has a starting bid of $200. The market value on a car like this for a clean title is around $25k. The car has some side damage and requires some repairs to make it drivable again. This BMW is rebuildable and has some great potential. If you’re looking for a luxury car to fix up and save potentially thousands then this may be a good choice. Read thru the auction carefully and be sure to ask questions. The auction listing is pretty thorough and has tons of large photos. They also tell you exactly what needs to be done to repair the car.

Update: this auction has ended but you can search for more salvage BMWs here.