10-millionth BMW 5 Series auctioned off for 75 million won in South Korea

Article by Christian A., on July 5, 2017

When an automotive company reaches a certain production milestone (such as the 1-millionth car that rolled off its production line), they often keep the car. Often as a trophy or a remembrance of the success of the car. But this time, BMW decided not to keep its 10 millionth 5 Series.

Recently, the number 10 million 5-series rolled off the production line at Bavaria’s Dingolfing plant, and the company decided to ship it to Korea to put it up for auction. The lucky buyer made a bid of 75 million won.

But if you convert that amount, it actually isn’t that big for a landmark special. As per current conversion rates, 75 million won is just about 60,000 euros or $65,000. For the sake of comparison, this particular 5-series was based on the 520d, which in Germany starts just below 38,000 euros before tax, and 45,000 euros after. While in Korea, after the destination fee, it starts at 66.3 million won. So at 75 million won, the unidentified bidder would have paid for another 8.7 won (around $7,600) for the 10-millionth 5 Series. Not a bad deal, I must say.

But the deal does not end there. The lucky buyer gets a free trip to Germany for two to visit the BMW Welt, BMW Museum, and the Dingolfing plant. The trip is worth 10 million won (8,000 euros). Plus he gets an extended service plan of eight years, and a special delivery ceremony at the BMW Driving Center in Incheon, South Korea. So it turns out that the total amount that he paid for was more like a bargain. What a lucky dude.

The BMW 5 Series 520d is powered by a 2.0 liter four-cylinder turbo diesel engine, enabling it to produce 140 kilowatts of power and 400 Newton-metres of torque. With this engine, the wagon can sprint from 0 to 100 kilometers per hour in 7.8 seconds, while returning a claimed fuel consumption of 4.9 liters / 100 kilometers on the combined cycle.

The 520d Touring comes standard with 18-inch BMW light-alloy wheels, leather sports steering wheel, chrome exterior highlights, ambient lighting, keyless access and start, head-up display, full-LED headlights and fog lights, a split opening automatic tailgate, and a 12-speaker HiFi sound system.

Safety features also come standard with the 5 Series such as the driving assistant plus and speed limit recognition, and a navigation system professional. Not to mention the wireless smartphone charging, electric front seat adjustment, and a faux leather trimmed instrument panel.

The BMW 5 Series 520d was indeed an awesome car to get, especially if you’re getting it for a wonderful deal.

Press Release

The 10 millionth BMW 5 Series Dingolfing Edition auctioned at 75 million won in Korea

On June 28, BMW Group Korea announced that the BMW 5 Series Dingolfing Edition, the 10 millionth car from Plant Dingolfing, has been auctioned off at 75 million won (60,000 euro) in Seoul Auction, Korea’s largest fine art auction company. This is the first time in the automotive industry that a limited edition is sold at an auction in Korea.

The 10 millionth vehicle that was introduced at the 50th year ceremony of the Plant Dingolfing was the new 5 Series. Based on the new BMW 520d model, the Dingolfing Edition is engraved with “10 millionth Edition” badge on the interior parts including panel covers and center console.

For the successful bidder, BMW Group Korea provides an extended BSI (BMW Service Inclusive) that covers major consumable parts or periodical inspection of the vehicle for eight years or up to 160,000 km free of charge and 10 million won (8,000 euro) worth tour package for two people to tour the BMW Welt, BMW Museum, and the Dingolfing Plant in Germany. Also, a special vehicle delivery ceremony will also be held at the BMW Driving Center in Incheon, Korea.

Photo Description: The auction winner is posing in front of the BMW 5 Series Dingolfing Edition, the 10 millionth car built at BMW Group Plant Dingolfing. The auction has successfully ended with a bid of 75 million won (60,000 euro). An extended BSI (BMW Service Inclusive) that covers for eight years or 160,000 km free of charge is offered. Additionally, a 10 million won (8,000 euro) worth tour package for two people to visit and tour the BMW Welt, BMW Museum, and the Plant Dingolfing in Germany is provided to the winner.

Source: BMW

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