3GNAXKEV1NL294302

2022 Chevrolet Equinox LT Salvage Auction Opportunity

This 2022 Chevrolet Equinox LT presents a unique opportunity for savvy buyers looking for a repair project or parts vehicle. Featuring a salvage title due to front-end damage, this Equinox offers a chance to acquire a relatively new vehicle at a potentially significantly reduced cost. Read on for a detailed overview of its specifications, condition, and potential pros and cons.

Vehicle Highlights

This black 2022 Chevrolet Equinox LT comes equipped with a 1.5L 4-cylinder engine and an automatic transmission, delivering power to the front wheels. With just 37,762 miles on the odometer, this Equinox has plenty of life left, making it a worthwhile project for the right buyer. The vehicle was sold at auction on November 5, 2024, and comes with keys.

Detailed Specifications

• Year: 2022
• Make: Chevrolet
• Model: Equinox LT
• VIN: 3GNAXKEV1NL294302
• Odometer: 37,762 miles (Actual)
• Engine: 1.5L 4-Cylinder
• Transmission: Automatic
• Drive Wheel: Front-Wheel Drive
• Fuel: Gas
• Cylinders: 4
• Color: Black
• Title: Sc – Salvage Title / Tn – Salvage Certificate
• Damage: Front End
• Keys Available: Yes
• Condition: Enhanced
• Location: Memphis, Tennessee, USA

Pros and Cons

Consider these potential advantages and disadvantages before bidding on this salvage vehicle:

Pros:

• Potential Cost Savings: Salvage vehicles often sell for significantly less than their retail value.
• Relatively Low Mileage: With under 40,000 miles, the engine and transmission may still be in good condition.
• Parts Vehicle: If repair is not feasible, the vehicle can be a source of valuable parts.
• Modern Features: Being a 2022 model, it likely includes modern safety and technology features.
• Popular Model: The Chevrolet Equinox is a popular SUV, making parts readily available.

Cons:

• Front-End Damage: The extent of the damage needs careful assessment to determine repair feasibility.
• Salvage Title: A salvage title can affect resale value and insurance costs.
• Potential Hidden Damage: There may be unseen damage to the frame, suspension, or other components.
• Repair Costs: Repairing a salvage vehicle can be expensive, potentially exceeding the cost of a used vehicle in good condition.
• Known Equinox Issues: Some 2022 Equinox models have reported issues with the engine, transmission, and electrical systems. Research common problems for this year and model.

Auction Details

This vehicle was sold on November 5, 2024, through Copart. The lot number is 72679134. The pre-accident price was estimated at $19,330, with a clean wholesale price of $22,725. The vehicle is located in Memphis, Tennessee.

Summary

This 2022 Chevrolet Equinox LT salvage vehicle offers a potential opportunity for those with the skills and resources to repair it or utilize it for parts. However, a thorough inspection and careful consideration of the potential repair costs are essential before making a bid. Remember to factor in the salvage title implications and research common issues associated with this year and model. Good luck bidding!