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2023 Mercedes-Benz S 500 4Matic Salvage Auction: Luxury Opportunity
This 2023 Mercedes-Benz S 500 4Matic, finished in a sophisticated white, presents a unique opportunity for savvy buyers. Offered at salvage auction due to front-end damage, this luxury sedan boasts low mileage and a potent 3.0L 6-cylinder engine. While requiring repair, this S-Class offers the chance to own a high-end vehicle at a significantly reduced cost. Sold by Farmers Insurance Company of Flemington, this vehicle comes with keys available and is listed in enhanced condition, suggesting that the damage is primarily cosmetic.
Vehicle Overview
This S 500 4Matic was sold at auction on July 16, 2024, with a final bid of $57,500. Despite the front-end damage, the vehicle retains many of its original features and luxury appointments. With only 14,864 miles on the odometer, this 2023 model still has plenty of life left. The original pre-accident price was estimated at $98,832, highlighting the potential value after repairs.
Detailed Specifications
Here’s a comprehensive list of the specifications for this 2023 Mercedes-Benz S 500 4Matic:
- Year: 2023
- Make: Mercedes-Benz
- Model: S 500 4Matic (S-Klasse)
- VIN: W1K6G6DB7PA207967
- Engine: 3.0L 6-Cylinder
- Fuel: Gas
- Cylinders: 6
- Drive Wheel: All-Wheel Drive
- Color: White
- Odometer: 14,864 miles (23,921 km)
- Damage: Front End
- Keys Available: Yes
- Condition: Enhanced
- Selling Branch: CA – San Diego
- Lot Number: 55166944
Auction Details
This vehicle was part of a Copart auction, indicating it’s being sold as a salvage vehicle. The seller, Farmers Insurance Company of Flemington, suggests the vehicle was likely declared a total loss due to the cost of repairs exceeding a certain threshold. The “enhanced” condition rating implies that the vehicle is in relatively good shape overall, despite the front-end damage.
Pros and Cons
Before bidding on this 2023 Mercedes-Benz S 500 4Matic, consider the following pros and cons:
Pros
- Significant Cost Savings: Purchase a luxury vehicle for a fraction of its original price.
- Low Mileage: With only 14,864 miles, the engine and other components have minimal wear.
- Potent Engine: The 3.0L 6-cylinder engine delivers impressive performance and smooth power.
- All-Wheel Drive: The 4Matic system provides enhanced traction and stability in various driving conditions.
- Keys Available: Having the keys saves time and money compared to needing replacements.
Cons
- Front-End Damage: Requires potentially extensive repairs, including bodywork and possible mechanical work.
- Salvage Title: May affect resale value and insurance rates.
- Unknown Hidden Damage: There may be underlying damage not immediately visible.
- Potential for High Repair Costs: Luxury vehicles often have expensive parts and labor costs.
- Possible Electronic Issues: Modern Mercedes-Benz vehicles can be prone to complex electronic problems.
Summary
This 2023 Mercedes-Benz S 500 4Matic salvage auction presents a compelling opportunity for those willing to undertake repairs. With its low mileage, powerful engine, and luxurious features, this vehicle could be a rewarding project. However, potential buyers should carefully assess the extent of the front-end damage and factor in the potential costs of repair before placing a bid. Remember to inspect the vehicle thoroughly or hire a professional to do so, ensuring a well-informed decision.