1HGCY1F26RA017110

2024 Honda Accord LX Salvage Auction – Your Opportunity!

This 2024 Honda Accord LX, currently available through salvage auction, presents a unique opportunity for savvy buyers. With only 7,767 miles, this grey sedan offers modern styling and efficient performance. While it has sustained front-end damage and deployed airbags, it’s listed as “Run and Drives,” suggesting potential for repair or parts harvesting. This vehicle is being offered by Progressive Insurance with a Salvage title from Virginia. Don’t miss your chance to bid on this late-model Accord!

Vehicle Overview

This Honda Accord LX is equipped with a 1.5L turbocharged engine and an automatic transmission, providing a balance of power and fuel economy. The vehicle is located in Suffolk, Virginia, and is being sold through an IAAI auction (Lot #39307894). The auction is on approval, meaning the final bid is subject to seller approval. The last bid was $7,675, with a buy-now price of $9,800. Keep reading for a detailed look at the specifications and potential considerations before bidding.

Detailed Specifications

Here’s a comprehensive breakdown of this 2024 Honda Accord LX:

• Year: 2024
• Make: Honda
• Model: Accord LX
• VIN: 1HGCY1F26RA017110
• Body Type: Sedan
• Color: Grey
• Engine: 1.5L I-4 DI, DOHC, VVT, Turbo, 192HP
• Transmission: Automatic
• Drive Wheel: Front
• Fuel: Gasoline
• Cylinders: 4
• Odometer: 7,767 miles (Actual)
• Estimated Repair Price: $26,255
• Actual Cash Value: $26,255
• Sale Date: 2024-09-01
• Auction Location: Suffolk, VA
• Seller: Progressive (Insurance)
• Title: Salvage (Virginia)
• Damage: Front End, Unknown
• Airbags: Deployed
• Condition: Run and Drives
• Keys Available: Yes
• Grade IAAI: 24

Pros and Cons

Before you place your bid, consider these potential advantages and disadvantages:

Pros:

• Low Mileage: Only 7,767 miles on a 2024 model.
• Run and Drives: Indicates the engine and drivetrain are functional despite the damage.
• Modern Features: Being a 2024 model, it likely includes advanced safety and technology features.
• Potential for Repair: If the damage is repairable, this could be a cost-effective way to own a newer Accord.
• Parts Value: Even if not repaired, valuable parts can be salvaged and sold.

Cons:

• Front-End Damage: The extent of the damage is unknown and could be significant.
• Airbag Deployment: Requires replacement of airbags and potentially related sensors.
• Salvage Title: Can affect resale value and insurance costs.
• High Estimated Repair Cost: The $26,255 repair estimate suggests potentially extensive damage.
• Unknown Second Damage: The “Unknown” second damage could reveal further issues upon inspection.

Auction Details

This 2024 Honda Accord LX is being auctioned by IAAI (Insurance Auto Auctions) through lot number 39307894. The vehicle is located at 1389 Portsmouth Blvd. in Suffolk, Virginia. The selling branch is Suffolk (VA), branch number 765. The sale is currently “on approval,” meaning the seller (Progressive) must approve the final bid. Be sure to review all available images and videos before placing your bid.

Summary

This salvage 2024 Honda Accord LX offers a chance to acquire a late-model vehicle at a potentially reduced cost. However, the front-end damage and salvage title should be carefully considered. Thoroughly review the images, videos, and available information before bidding to make an informed decision. This could be a rewarding project for the right buyer with the skills and resources to repair or repurpose this vehicle. Good luck!