Copart sales history of Toyota Camry

2016 Toyota Camry LE: Salvage Auction Opportunity in Chicago South

Discover a potential project or parts donor with this 2016 Toyota Camry LE, recently sold at a salvage auction. This black, front-wheel drive sedan, featuring a reliable 2.5L 4-cylinder engine and automatic transmission, presents an excellent opportunity for mechanics, rebuilders, or anyone seeking a cost-effective entry into the popular Camry market. Despite its salvage title due to significant front and rear end damage, this vehicle was highlighted as “RUNS AND DRIVES” at the time of auction, indicating its engine and drivetrain may still be functional.

Vehicle Overview

Key Details

This 2016 Toyota Camry LE, VIN 4T1BF1FK7GU167413, comes in a sleek black exterior. It’s powered by a 2.5L 4-cylinder GAS engine paired with an automatic transmission, delivering power to the front wheels. The odometer reads an actual 76,159 miles, suggesting a vehicle that has seen moderate use before its incident. This model is well-known for its practicality and fuel efficiency, making it a desirable choice for many drivers.

Auction Highlights

The auction listing for Lot 58530774 specifically noted that this 2016 Camry “RUNS AND DRIVES,” a crucial detail for potential buyers considering repair or parts harvesting. Keys were available, further simplifying initial inspection and movement. The vehicle was sold on July 10, 2024, for a final bid of $3650, offering a significant discount compared to market prices for undamaged models. It was listed through Copart.com from their Chicago South, IL location.

Detailed Specifications

• Year: 2016
• Make: TOYOTA
• Model: CAMRY LE
• VIN: 4T1BF1FK7GU167413
• Cylinders: 4
• Color: BLACK
• Engine: 2.5L 4-Cylinder GAS
• Transmission: AUTOMATIC
• Drive Wheel: Front-wheel Drive
• Vehicle Type: AUTOMOBILE
• Fuel Type: GAS
• Odometer: 76,159 miles (Actual)
• Keys Available: Yes
• Auction Domain: Copart.com
• Auction Status: Sold

Damage and Condition Report

This 2016 Toyota Camry LE holds an IL – SALVAGE CERTIFICATE, indicating it has sustained significant damage. The primary damage is reported as FRONT END, with secondary damage located at the REAR END. While specific details of the damage extent are not provided here, the “RUNS AND DRIVES” highlight suggests that the powertrain may have escaped critical damage or has been minimally affected. Prospective buyers should always review available images and conduct thorough inspections to assess the full scope of repairs needed for both structural and cosmetic issues.

Pros and Cons for a 2016 Toyota Camry LE (Salvage)

Pros:

• Proven Toyota Reliability: Even with damage, the underlying Toyota engineering often means durable core components.
• Fuel-Efficient Engine: The 2.5L 4-cylinder offers a good balance of power and economy, ideal for daily driving.
• Spacious and Comfortable Interior: Known for its roomy cabin, offering comfort for both driver and passengers.
• Abundant Parts Availability: As a popular model, parts for the Camry are readily available, which is crucial for a salvage repair.
• High Resale Value (when repaired): A properly repaired Camry can still command a respectable price in the used car market.
• Opportunity for Significant Savings: Purchasing a salvage vehicle allows for a much lower initial investment compared to clean-title vehicles.

Cons:

• Salvage Title Implications: Can affect insurance costs, future resale value, and may require a lengthy re-titling process.
• Extensive Damage: Front and rear end damage often implies significant structural and cosmetic repairs, potentially including airbags and chassis work.
• Unforeseen Repair Costs: Hidden damage not visible in auction photos can lead to unexpected expenses during the repair process.
• Reduced Safety Assurance: Post-accident repairs, if not done professionally, could compromise the vehicle’s original safety ratings.
• Time and Effort for Repair: Rebuilding a salvage vehicle requires considerable time, skill, and resources.
• Potential for Rust/Corrosion: Depending on the nature of the accident, exposed areas could be prone to future rust if not properly addressed.

Auction Information

This 2016 Toyota Camry LE was sold on July 10, 2024, via Copart.com from their Chicago South, IL location. The final bid reached $3650. This vehicle was offered with a SALVAGE CERTIFICATE, making it an ideal candidate for rebuilders, mechanics, or individuals looking for an affordable project car. Interested parties should have a clear understanding of salvage vehicle regulations in their state before bidding or purchasing.

This 2016 Toyota Camry LE represents a compelling opportunity for those with the expertise and resources to undertake a repair project. With its “RUNS AND DRIVES” status and popular model lineage, it could be transformed back into a reliable daily driver or serve as a valuable source for parts. Always conduct thorough due diligence and consider all repair costs before committing to a salvage vehicle purchase.