1G1ZD5ST8NF204106

2022 Chevrolet Malibu: Salvage Opportunity for a Reliable Sedan

This 2022 Chevrolet Malibu represents a unique opportunity for those seeking a dependable sedan at a potentially reduced cost. This vehicle, sold through an insurance auction due to front-end damage, offers a chance for savvy buyers to repair and restore a modern car with relatively low mileage. While it has sustained damage, the engine starts and the vehicle comes with keys, suggesting a manageable project for the right buyer.

Vehicle Overview

This black 2022 Chevrolet Malibu Fwd Lt sedan is powered by a fuel-efficient 1.5L I-4 DI, DOHC, VVT, Turbo engine paired with an automatic transmission. With approximately 32,773 miles on the odometer, this Malibu has seen moderate use. Sold by Erie Insurance Group, this vehicle presents a salvage opportunity due to front-end damage and deployed airbags.

Detailed Specifications

Here’s a breakdown of the key specifications for this 2022 Chevrolet Malibu:

• Year: 2022
• Make: Chevrolet
• Model: Malibu Lt
• VIN: 1G1ZD5ST8NF204106
• Body Type: Sedan
• Color: Black
• Engine: 1.5L I-4 DI, DOHC, VVT, Turbo, 160hp
• Transmission: Automatic
• Drive Wheel: Front-Wheel Drive
• Fuel Type: Gasoline
• Cylinders: 4
• Odometer: 32,773 miles (Actual)
• Damage: Front End, Unknown
• Airbags: Deployed
• Keys: Available
• Condition: Engine Starts
• Seller: Erie Insurance Group
• Location: Markham, Illinois, USA

Auction Details

This vehicle was sold at auction through IAAI (iaai.com) with lot number 40399392 and external ID 40887981~US. The estimated repair price is $12,467, while the actual cash value was $19,356.

Pros and Cons of Buying a Salvage 2022 Chevrolet Malibu

Before bidding on this salvage vehicle, consider the potential advantages and disadvantages:

Pros:

• Potential Cost Savings: Salvage vehicles are typically sold at a significantly lower price than comparable used vehicles.
• Modern Features: As a 2022 model, this Malibu likely includes modern technology and safety features.
• Fuel Efficiency: The 1.5L turbo engine offers a good balance of performance and fuel economy.
• Repairable Damage: While the front-end damage is significant, it may be repairable for experienced mechanics or body shops.
• Parts Availability: Chevrolet parts are generally readily available and relatively affordable.

Cons:

• Front-End Damage: The primary damage is to the front end, which could involve structural repairs.
• Deployed Airbags: Airbag replacement can be costly and complex.
• Unknown Second Damage: The “Unknown” second damage description requires careful inspection.
• Potential Hidden Issues: Salvage vehicles may have hidden mechanical or electrical problems.
• Title Issues: The vehicle will have a salvage title, which may affect insurance rates and resale value.

Summary

This 2022 Chevrolet Malibu presents a salvage opportunity for those willing to undertake repairs. While the front-end damage and deployed airbags require attention, the relatively low mileage and modern features make it a potentially worthwhile project. Thoroughly inspect the vehicle images and consider the estimated repair costs before placing a bid. This could be a chance to own a late-model Malibu at a fraction of the cost of a clean title vehicle.