WP1AA2A54MLB17753

2021 Porsche Macan Salvage Auction Vehicle

This 2021 Porsche Macan is available through a salvage auction, presenting a unique opportunity for those looking for a project vehicle or parts. This SUV sustained flood damage and is being sold by Progressive with a Bill of Sale. While it has some challenges, it also offers the chance to own a luxury vehicle at a potentially significantly reduced price. The engine starts, and the airbags are intact, but a thorough inspection is highly recommended.

Vehicle Overview

This black 2021 Porsche Macan is a stylish and sporty SUV. It’s equipped with a 2.0L Turbo I-4 engine, automatic transmission, and all-wheel drive. The odometer reads only 1 mile, but the odometer status is “not actual”. This vehicle is being offered through IAAI (iaai.com) as Lot #37588798 (external ID 38067501~US). The sale date is January 8, 2024, and the current bid is $5025, with a buy now price of $14975.

Key Auction Details

* Auction Site: IAAI (iaai.com)
* Lot Number: 37588798
* External ID: 38067501~US
* Seller: Progressive (Insurance Company)
* Sale Date: January 8, 2024
* Current Bid: $5025
* Buy Now Price: $14975
* Damage: Flood
* Keys: Available
* Condition: Engine Starts
* Title: Bill of Sale (Wait Title)

Detailed Specifications

• Year: 2021
• Make: Porsche
• Model: Macan
• VIN: WP1AA2A54MLB17753
• Body Type: SUV
• Color: Black
• Engine: 2.0L Turbo I-4
• Transmission: Automatic
• Drive Wheel: All-Wheel Drive
• Fuel: Gasoline
• Cylinders: 4
• Odometer: 1 mile (Not Actual)
• Title: Bill of Sale (Wait Title)
• Damage: Flood
• Airbags: Intact
• Keys Available: Yes
• Location: Culpeper, VA, USA

Pros and Cons

Before bidding, consider the potential advantages and disadvantages of purchasing this salvage vehicle:

Pros:

• Potentially lower purchase price compared to a non-salvage vehicle.
• Opportunity to acquire a luxury vehicle for a project or restoration.
• Engine starts, indicating some mechanical functionality.
• Intact airbags suggest limited impact damage beyond the flood.
• Source of parts for existing Porsche Macan owners.

Cons:

• Flood damage can cause extensive and hidden issues, including electrical problems, corrosion, and mold.
• Odometer reading is “not actual,” meaning the true mileage is unknown.
• “Wait Title” title status may present challenges with registration and resale depending on your location.
• Potential for significant repair costs to address the flood damage.
• Unknown extent of internal engine and transmission damage due to flooding.

Inspection and Due Diligence

It is strongly recommended that potential buyers thoroughly inspect the vehicle in person or hire a qualified mechanic to do so before bidding. Pay close attention to the extent of the flood damage, especially to the electrical systems, interior, and engine. Check the availability and requirements for obtaining a title in your jurisdiction. Review all available images and the 360-degree view.

Summary

This 2021 Porsche Macan salvage vehicle represents a unique opportunity for the right buyer. While the flood damage presents significant challenges, the potential for a lower purchase price and the availability of parts make it worth considering. Thorough inspection and research are essential before placing a bid. Remember to factor in potential repair costs, title requirements, and the overall condition of the vehicle before making a decision.