Copart sales history of Lexus Es 350

2011 Lexus ES 350 Salvage Auction: A Potential Project Car

This 2011 Lexus ES 350, currently listed at an IAAI auction in Longview, Texas, presents an opportunity for mechanics, rebuilders, or anyone looking for a project vehicle. While bearing front-end damage, this ES 350 offers the potential to be restored or used for parts. Let’s delve into the details of this salvage vehicle and assess its potential value.

Vehicle Overview

This Lexus ES 350, identified by VIN JTHBK1EG7B2450796 and lot number 41589047, is a brown sedan with an automatic transmission and a 3.5L V-6 engine. The odometer reads 123,277 miles. The primary damage is to the front end, and the vehicle is listed as “Run & Drive,” suggesting the engine is operational. The seller is Progressive Casualty Insurance.

Detailed Specifications

Here’s a comprehensive breakdown of this 2011 Lexus ES 350’s specifications:

  • Year: 2011
  • Make: Lexus
  • Model: ES 350
  • VIN: JTHBK1EG7B2450796
  • Auction: IAAI
  • Location: Longview (TX)
  • Lot Number: 41589047
  • Primary Damage: Front End
  • Secondary Damage:
  • Odometer: 123,277 miles
  • Start Code: Run & Drive
  • Transmission: Automatic
  • Engine: 3.5L V-6 DOHC, VVT, 268HP
  • Fuel: Gasoline
  • Drive: Front Wheel Drive
  • Body Type: Sedan
  • Exterior Color: Brown
  • Seller: Progressive Casualty Insurance
  • Key: Yes
  • Pre-Bid Close Time: 1742481000
  • Final Bid Formatted: 3000
  • Country: United States

Pros and Cons of Purchasing a 2011 Lexus ES 350 Salvage Vehicle

Before bidding on this salvage Lexus, consider these potential advantages and disadvantages:

Pros

  • Potential for Savings: Salvage vehicles are typically sold at a significantly lower price than comparable used vehicles.
  • Parts Value: Even if not repairable, the vehicle can be a source of valuable parts for other Lexus ES 350 owners.
  • “Run & Drive” Status: The “Run & Drive” designation suggests the engine and drivetrain are in working condition, despite the front-end damage.
  • Reliable Powertrain: The Lexus ES 350 is known for its reliable 3.5L V6 engine and smooth automatic transmission.
  • Luxury Features: Even as a salvage vehicle, it likely retains many of its original luxury features.

Cons

  • Front-End Damage: The extent of the front-end damage is unknown and could be extensive, requiring significant repairs.
  • Potential Hidden Damage: There may be hidden damage to the frame, suspension, or other components.
  • Salvage Title Restrictions: A salvage title may restrict the vehicle’s use on public roads until it passes inspection.
  • Repair Costs: Repairing the vehicle to a roadworthy condition could be expensive, potentially exceeding the cost of a used vehicle.
  • Resale Value: A vehicle with a salvage title will have a lower resale value than a comparable vehicle with a clean title.

Conclusion

This 2011 Lexus ES 350 salvage vehicle presents both risks and rewards. The front-end damage requires careful assessment, but the “Run & Drive” status and the vehicle’s inherent reliability make it a potentially worthwhile project for the right buyer. Thoroughly inspect the vehicle’s images and consider a pre-purchase inspection before placing a bid at the IAAI auction.