Copart sales history of KIA

2022 KIA K5 LXS Salvage Auction – Low Mileage & Runs and Drives!

Discover an exciting opportunity with this 2022 KIA K5 LXS, recently sold at a salvage auction. This modern sedan, featuring a sleek GOLD exterior and a low odometer reading of just 5,332 actual miles, presents a compelling option for mechanics, restorers, or those seeking a valuable source for parts. Despite its salvage status due to front-end damage and minor dents/scratches, this K5 is highlighted as “RUNS AND DRIVES,” making it a prime candidate for a restoration project.

Vehicle Overview

A Closer Look at the 2022 KIA K5 LXS

The KIA K5, known for its stylish design, comfortable interior, and impressive technology, quickly became a popular choice in the mid-size sedan segment. This particular LXS trim, from the 2022 model year, is powered by an efficient 1.6L 4-cylinder GAS engine paired with a smooth AUTOMATIC transmission, driving the front wheels. Its contemporary features and relatively new status make it an attractive vehicle even with its current condition. The GOLD color adds a touch of sophistication, ensuring it stands out once restored.

Auction Details & Condition

Damage Assessment

This 2022 KIA K5 LXS sustained primary damage to the FRONT END, with secondary damage noted as MINOR DENT/SCRATCHES. Crucially, the vehicle’s highlights confirm it “RUNS AND DRIVES” and that “KEYS ARE AVAILABLE.” This indicates that while cosmetic and structural repairs to the front are necessary, the powertrain is operational, significantly simplifying the restoration process compared to non-running vehicles. With only 5,332 actual miles on the odometer, the internal components and overall wear are minimal, offering a solid foundation for repair.

Auction Information

This vehicle was sold on August 1, 2022, from a Copart auction location in Dallas, TX, under lot number 69278931. The final bid reached $10,600. Its status as a sold vehicle from a reputable salvage auction platform like Copart underscores its availability for purchase and subsequent repair or dismantling.

Detailed Specifications

• Vehicle ID: 2212807
• Year: 2022
• Make: KIA
• Model: K5
• Generation: LXS
• VIN: 5XXG14J20NG096978
• Cylinders: 4
• Color: GOLD
• Engine: 1.6L 4-Cylinder
• Transmission: AUTOMATIC
• Drive Wheel: Front-wheel Drive
• Vehicle Type: AUTOMOBILE
• Fuel Type: GAS
• Odometer: 5,332 miles (Actual)
• Keys Available: Yes
• Main Damage: FRONT END
• Secondary Damage: MINOR DENT/SCRATCHES
• Highlights: RUNS AND DRIVES
• Auction Domain: Copart
• Auction Location: Dallas, TX
• Sale Date: August 1, 2022
• Final Bid: $10,600

Pros and Cons for a Salvage 2022 KIA K5 LXS

Potential Advantages

• Low Mileage: With only 5,332 actual miles, the engine, transmission, and other major components have minimal wear.
• Runs and Drives: This critical highlight means the vehicle is operational, simplifying transport and assessment, and indicating less severe mechanical damage.
• Recent Model Year: A 2022 model offers modern features, contemporary styling, and potentially easier access to parts.
• Significant Savings Potential: Purchasing a salvage vehicle at auction can lead to substantial cost savings compared to a clean-title equivalent.
• Ideal for Restoration: A perfect project for experienced mechanics or body shops looking to restore a modern car to its former glory.
• Valuable Parts Donor: If restoration isn’t feasible, the low-mileage engine, transmission, and interior components are highly valuable for other K5 owners.

Considerations & Challenges

• Salvage Title Implications: A salvage title will affect future resale value, insurance options, and potentially financing.
• Front End Damage: Repairs to the front end can be extensive and costly, potentially involving structural components, airbags (if deployed, though not specified here), and complex sensor systems.
• Hidden Damage: The full extent of damage may not be visible in auction photos; a thorough inspection is crucial.
• Repair Costs: The cost of parts and labor for a modern vehicle can add up quickly, requiring careful budgeting.
• Time and Effort: Restoring a salvage vehicle requires significant time, skill, and dedication.
• Insurance Challenges: Insuring a rebuilt salvage vehicle can sometimes be more difficult or expensive than a clean-title car.

Conclusion

This 2022 KIA K5 LXS salvage auction vehicle offers a unique opportunity for the right buyer. Its low mileage, “RUNS AND DRIVES” status, and recent model year make it an attractive prospect for a full restoration project or as a donor for high-value parts. While the front-end damage and salvage title present challenges, the potential for significant savings and the satisfaction of bringing a modern car back to life are undeniable. Prospective buyers should conduct a thorough inspection and assessment to fully understand the scope of work required to transform this K5 into a road-ready vehicle once more.