YV4102RL3L1565125

2020 Volvo XC60 T5 Inscription Salvage Auction Vehicle

This 2020 Volvo XC60 T5 Inscription, finished in a striking blue, is available for auction following a water/flood incident. Despite its salvage title, this luxury SUV offers a unique opportunity for those looking for a project vehicle or parts source. With 44,577 miles on the odometer and a “Run and Drives” condition, this Volvo presents a blend of potential and challenge.

Vehicle Overview

This XC60 T5 Inscription represents Volvo’s commitment to safety and luxury. The Inscription trim level adds premium features and styling, making it a desirable vehicle when in good condition. This particular vehicle sustained water/flood damage, resulting in a salvage title from GEICO. It was sold at auction on September 13, 2024, for $15,300.

Detailed Specifications

• Year: 2020
• Make: Volvo
• Model: XC60 T5 Inscription
• VIN: YV4102RL3L1565125
• Engine: 2.0L 4-Cylinder
• Transmission: Automatic
• Drive Wheel: All-Wheel Drive
• Fuel: Gas
• Odometer: 44,577 miles (Actual)
• Color: Blue
• Title: Salvage Title (NJ – CERT OF TITLE-SALVAGE FLOOD)
• Damage: Water/Flood
• Keys Available: Yes
• Condition: Run and Drives
• Auction Location: Hillsborough, New Jersey (NJ – Somerville)
• Seller: GEICO (Insurance Company)

Pros and Cons

Considering a salvage vehicle requires careful evaluation. Here’s a breakdown of potential pros and cons for this 2020 Volvo XC60 T5 Inscription:

Pros:

• Potential Cost Savings: Salvage vehicles are typically sold at a significantly lower price than comparable vehicles with clean titles.
• Luxury Features: The Inscription trim offers a range of premium features, including leather upholstery, advanced safety systems, and upgraded interior trim.
• Run and Drives Condition: The vehicle is reported to be in “Run and Drives” condition, suggesting that the engine and drivetrain are functional, despite the water damage.
• Parts Source: If repair is not feasible, the vehicle can be a valuable source of parts for other Volvo XC60s.
• All-Wheel Drive: The all-wheel-drive system provides enhanced traction and stability, making it suitable for various driving conditions.

Cons:

• Water/Flood Damage: Water damage can lead to corrosion, electrical issues, and mold growth, which can be costly to repair.
• Salvage Title: A salvage title can affect the vehicle’s resale value and may require additional inspections and certifications before it can be legally driven on public roads.
• Unknown Extent of Damage: The full extent of the water damage may not be immediately apparent and could require a thorough inspection by a qualified mechanic.
• Potential for Hidden Issues: Water damage can affect various components, including the electrical system, airbags, and other safety features.
• Repair Costs: Repairing a water-damaged vehicle can be expensive, especially if it requires replacing electronic components or addressing corrosion issues.

Auction Information

This Volvo XC60 was sold at a Copart auction (Lot #64202814) in Hillsborough, New Jersey, on September 13, 2024. The final bid was $15,300. The vehicle is currently located at the NJ – Somerville branch.

Summary

This 2020 Volvo XC60 T5 Inscription presents a unique opportunity for mechanically inclined individuals or those seeking a parts vehicle. While the water/flood damage and salvage title pose significant challenges, the “Run and Drives” condition and the potential cost savings may make it a worthwhile project for the right buyer. Thorough inspection and careful consideration of repair costs are essential before making a purchase decision.