1C4RJKEG4M8124656

2021 Jeep Grand Cherokee L Summit Salvage Auction

This black 2021 Jeep Grand Cherokee L Summit is available for auction with a salvage title due to rear-end damage and minor dents/scratches. With only 36,499 miles, this SUV offers a chance to own a luxurious vehicle at a potentially significantly reduced price. Sold by Progressive Insurance at auction lot #72915894, this Grand Cherokee L runs and drives. Read on for detailed specifications and potential considerations before bidding.

Vehicle Overview

This Jeep Grand Cherokee L Summit comes equipped with a 3.6L 6-cylinder engine and an automatic transmission, providing all-wheel drive capability. It was sold on February 6, 2025, with a final bid of $24,000. Despite the damage, the vehicle is listed as “run and drives,” indicating its mechanical functionality.

Detailed Specifications

Here’s a breakdown of the key specifications for this 2021 Jeep Grand Cherokee L Summit:

• Year: 2021
• Make: Jeep
• Model: Grand Cherokee L Summit
• VIN: 1C4RJKEG4M8124656
• Engine: 3.6L 6-Cylinder
• Transmission: Automatic
• Drive Wheel: All-Wheel Drive
• Fuel: Gas
• Cylinders: 6
• Color: Black
• Odometer: 36,499 miles
• Title: Salvage Title (Sc – Salvage Title, Ri – Salvage Certificate Of Title)
• Damage: Rear End, Minor Dent/Scratches
• Keys Available: Yes
• Condition: Run and Drives
• Seller: Progressive (Insurance Company)
• Lot Number: 72915894
• Auction Location: Exeter, Rhode Island, USA
• Sale Date: February 6, 2025
• Final Bid: $24,000
• Pre-Accident Price: $47,136.50
• Clean Wholesale Price: $42,250

Pros and Cons of Buying a Salvage Vehicle

Before you bid, consider the potential advantages and disadvantages of purchasing a salvage vehicle like this Jeep Grand Cherokee L.

Pros:

• Lower Purchase Price: Salvage vehicles typically sell for significantly less than comparable vehicles with clean titles.
• Potential for High Value Repair: If the damage is primarily cosmetic or you can perform the repairs yourself, you could end up with a great vehicle at a fraction of the cost.
• Source of Parts: Even if you don’t repair it, the vehicle can be a valuable source of parts for other projects or vehicles.
• Opportunity for Customization: A salvage vehicle provides a blank canvas for customization and modification.
• Runs and Drives: This vehicle is listed as “run and drives”, which is a plus.

Cons:

• Salvage Title Restrictions: A salvage title can make it difficult to obtain insurance or financing.
• Unknown Hidden Damage: There may be underlying damage that is not immediately apparent.
• Repair Costs: Repairing the vehicle to a roadworthy condition can be expensive, especially if you need to hire a professional mechanic.
• Resale Value: A vehicle with a salvage title will always have a lower resale value than a comparable vehicle with a clean title.
• Potential Reliability Issues: Even after repairs, the vehicle may be more prone to mechanical issues due to the previous damage.

Summary

This 2021 Jeep Grand Cherokee L Summit presents a unique opportunity for buyers willing to take on a salvage project. While the rear-end damage and minor dents/scratches require attention, the vehicle’s “run and drives” condition and relatively low mileage make it a potentially worthwhile investment. Thoroughly inspect the vehicle’s images and consider the pros and cons before placing your bid. Remember to factor in potential repair costs and the implications of a salvage title.