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This BMW Is How You Lose $220K After Just 50 Miles

Summary by Carscoops
A 1-of-99 Koons BMW bid to $131,786, reserve not met. Original MSRP was approximately $351,000 when new. Low mileage example highlights brutal art-car depreciation. Do you like Jeff Koons? Do you want a piece of his art that he almost certainly never physically touched? Do you want that art stretched over a twin-turbo V8 luxury sedan that cost $351,000 new and now, apparently, doesn’t? Well, we have some good news for you. A 2023 BMW M850i …
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Carscoops broke the news in on Friday, February 27, 2026.
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