Copart sales history of Lexus

2018 Lexus IS 300 Salvage Auction Vehicle

This 2018 Lexus IS 300 is currently available through a salvage auction, presenting a unique opportunity for mechanics, body shop professionals, or experienced DIYers. This vehicle, while bearing a salvage title due to front-end damage, is reported to be in running and driving condition, making it a potentially worthwhile project or source of parts. Read on for a detailed overview of its specifications, potential pros and cons, and everything you need to know before placing your bid.

Vehicle Overview

This Lexus IS 300 is a rear-wheel-drive sedan equipped with a 2.0L 4-cylinder engine and an automatic transmission. It has 76,943 miles on the odometer, which is verified as actual mileage. The vehicle sustained front-end damage and is being sold with a Salvage Title (SC) / Salvage Certificate (CA). It was sold at auction on November 27, 2024.

Detailed Specifications

Here’s a comprehensive breakdown of this 2018 Lexus IS 300’s specifications:

• Year: 2018
• Make: Lexus
• Model: IS 300
• VIN: JTHBA1D21J5074134
• Engine: 2.0L 4-Cylinder
• Transmission: Automatic
• Drive Wheel: Rear-Wheel Drive
• Fuel: Gasoline
• Cylinders: 4
• Odometer: 76,943 miles (Actual)
• Exterior Color: White
• Title: Salvage Title (SC) / Salvage Certificate (CA)
• Damage: Front End
• Keys Available: Yes
• Condition: Run and Drives
• Auction Location: CA – San Bernardino, Colton, California
• Selling Branch: CA – San Bernardino
• Lot Number: 71371184
• Pre-Accident Price: $20,900
• Clean Wholesale Price: $24,725
• Sale Date: November 27, 2024
• Final Bid: $4550

Pros and Cons of Buying a Salvage Lexus IS 300

Before you bid, consider these potential advantages and disadvantages:

Pros

• Potential Cost Savings: Salvage vehicles are typically priced significantly lower than comparable vehicles with clean titles.
• Source of Parts: Even if repair isn’t feasible, the vehicle can be a valuable source of parts for other Lexus IS models.
• DIY Project: For experienced mechanics, this could be a rewarding restoration project.
• Modern Features: The 2018 Lexus IS 300 comes equipped with modern technology and safety features.
• Run and Drives: The vehicle is reported to be in running and driving condition, suggesting the damage may be primarily cosmetic.

Cons

• Salvage Title: A salvage title can affect resale value and insurance costs.
• Unknown Extent of Damage: While the primary damage is listed as “Front End,” there may be hidden damage.
• Potential for Additional Repairs: Even if it runs and drives, further inspection may reveal additional mechanical or electrical issues.
• Parts Availability: Sourcing replacement parts, especially for Lexus vehicles, can sometimes be challenging and expensive.
• Inspection Requirements: Depending on your location, you may need to pass a stringent inspection to re-register the vehicle.

Summary

This 2018 Lexus IS 300 represents a salvage vehicle opportunity with potential benefits and risks. The front-end damage and salvage title are significant factors to consider. However, the fact that it runs and drives, along with the relatively low mileage, makes it an intriguing option for the right buyer. Thoroughly review the provided images and consider a pre-bid inspection if possible to assess the full extent of the damage before placing your bid. Good luck!