To estimate the price of the 2012 Volkswagen Passat 2.5L I5 SE (Mid) in bad condition with 264600 km mileage, I considered several data points. First, I looked at the selling prices of similar cars. A 2014 Passat SE (Mid) with 140500 km sold for AED 18000 on 2024-02-16, and a 2013 Passat SE (Mid) with 200063 km sold for AED 15500 on 2024-07-07. Given the higher mileage and worse condition of the target car, I adjusted the price downwards. I also noted a 2012 Passat 2.5L I5 with 244000 km had an accepted offer of AED 7500 on 2024-03-20, which is a closer match in terms of year and mileage. Considering the bad condition, I further adjusted the price downwards. Finally, I reviewed listed prices, such as a 2013 Passat SE (Mid) with 200063 km listed for AED 15500, but these are generally higher than actual selling prices. Combining these factors, I arrived at the final estimate.