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2022 MERCEDES-BENZ GLB 250 Salvage Auction – Your Next Restoration Project?

Discover a compelling opportunity at the upcoming salvage auction: a 2022 MERCEDES-BENZ GLB 250 Sport Utility Vehicle. This modern compact luxury SUV, with just 20,574 actual miles on the odometer, presents a unique chance for skilled mechanics, restorers, or parts buyers. Located in Miami-North, FL, this vehicle sustained primary flood damage and is offered with an “Other (Florida)” title, making it an intriguing prospect for those ready to tackle a restoration challenge.

Key Auction & Vehicle Details

This 2022 MERCEDES-BENZ GLB 250 was recently sold at auction, but similar opportunities often arise. Understanding its past auction details can help inform future bidding strategies for comparable vehicles.

Auction Information

• Lot Number: 39772995
• Original Sale Date: September 26, 2024, 1:30 PM UTC
• Final Bid: $9,650
• Buy Now Price: $12,000 (if available)
• Seller: Progressive Casualty Insurance
• Auction Location: IAAI Miami-North, FL, United States

Damage Assessment & Title

The primary damage reported for this 2022 MERCEDES-BENZ GLB 250 is Flood. This indicates potential issues across various vehicle systems, particularly electrical and interior components. Prospective buyers should anticipate thorough inspection and repair work. The vehicle holds an “Other (Florida)” title, which may have specific implications for registration and resale, varying by state.

Vehicle Status

• Odometer Reading: 20,574 miles (Actual)
• Keys Available: Yes

Detailed Vehicle Specifications

Here are the core specifications of this 2022 MERCEDES-BENZ GLB 250, providing a clear picture of its factory configuration before damage:

• Year: 2022
• Make: MERCEDES-BENZ
• Model: GLB
• Generation: 250
• Body Type: Sport Utility Vehicl
• VIN: W1N4M4GB2NW238451
• Engine: 2.0L I4 N
• Transmission: Unknown
• Drive Wheel: Front Wheel Drive
• Fuel Type: Other
• Color: Unknown
• Vehicle Type: AUTOMOBILE

Pros and Cons for Potential Buyers

Considering a salvage vehicle, especially one with flood damage, requires careful evaluation. Here’s a balanced look at the potential advantages and challenges this 2022 MERCEDES-BENZ GLB 250 presents:

Potential Advantages

• Luxury Brand Value: Even with damage, a Mercedes-Benz retains a certain prestige and quality of components.
• Low Mileage: With only 20,574 actual miles, the core mechanical components (engine, transmission) may have significant life left, assuming no severe flood-related issues.
• Modern Features: As a 2022 model, it likely includes contemporary safety, infotainment, and comfort features, making it desirable if restored.
• Significant Savings Potential: The final bid of $9,650 is a fraction of the cost of a new or clean title 2022 GLB 250, offering substantial profit margins for a successful restoration.
• Versatile Compact SUV: The GLB 250 offers a practical and stylish package, appealing to a broad market once repaired.

Considerations & Challenges

• Extensive Flood Damage: Flood damage can lead to widespread electrical system failures, corrosion, mold, and hidden mechanical issues that are costly and complex to repair.
• “Other (Florida)” Title: This type of title can complicate vehicle registration, insurance, and future resale value, potentially requiring a salvage or rebuilt title process.
• Unknown Extent of Damage: Without a professional inspection, the full scope and cost of repairs, especially for flood-damaged electronics, remain unknown.
• High Cost of Luxury Parts: Mercedes-Benz parts and specialized labor can be expensive, potentially offsetting initial savings.
• Interior & HVAC Issues: Floodwater often saturates interiors, leading to mold, mildew, and damage to upholstery, carpets, and the HVAC system, requiring extensive cleaning or replacement.

Summary

This 2022 MERCEDES-BENZ GLB 250, with its low mileage and luxury appeal, represents a significant opportunity for the right buyer. While the flood damage and “Other (Florida)” title