5XXG64J2XMG080156

2021 Kia K5 GT Line Salvage Auction – Memphis, TN

Looking for a project car or a source of parts? This 2021 Kia K5 GT Line is being offered at salvage auction due to water/flood damage. Located in Memphis, Tennessee, this vehicle presents a unique opportunity for mechanics, rebuilders, or anyone seeking a late-model Kia at a significantly reduced price. Read on for detailed information and potential considerations before placing your bid.

Vehicle Overview

This Kia K5 GT Line, manufactured in 2021, features a 1.6L 4-cylinder engine and an automatic transmission, driving the front wheels. It sustained water/flood damage, resulting in a salvage title. The vehicle was sold at auction on February 11, 2025, with a final bid of $5300. It has 82,360 miles on the odometer.

Detailed Specifications

Here’s a comprehensive breakdown of this 2021 Kia K5 GT Line:

• Year: 2021
• Make: Kia
• Model: K5 GT Line
• VIN: 5XXG64J2XMG080156
• Engine: 1.6L 4-Cylinder
• Transmission: Automatic
• Drive Wheel: Front-Wheel Drive
• Fuel: Gas
• Cylinders: 4
• Odometer: 82,360 miles
• Exterior Color: Grey
• Title: Salvage Title (Tennessee – Salvage Certificate)
• Damage: Water/Flood
• Keys Available: Yes
• Condition: Enhanced
• Seller: USAA (Insurance Company)
• Lot Number: 86125074
• Auction Location: Memphis, TN
• Pre-Accident Price: $19,446
• Clean Wholesale Price: $23,875

Pros and Cons of Buying a Salvage Kia K5 GT Line

Before you bid, consider the potential advantages and disadvantages:

Pros:

• Significant Cost Savings: Salvage vehicles are typically sold at a fraction of their original market value.
• Potential for Repair and Resale: With the right skills and resources, this K5 could be repaired and resold for a profit.
• Source of Parts: If repair isn’t feasible, the vehicle can be a valuable source of parts for other Kia K5 owners.
• GT Line Trim: The GT Line offers sporty styling and potentially desirable features compared to base models.
• Relatively Low Mileage: Despite the damage, the vehicle has a reasonable mileage for its age.

Cons:

• Water/Flood Damage: This is a serious issue that can affect various systems, including the engine, transmission, and electronics.
• Salvage Title: A salvage title can make it difficult to obtain insurance and may affect the resale value even after repairs.
• Potential Hidden Damage: Water damage can cause corrosion and other hidden problems that may not be immediately apparent.
• Repair Costs: Repairing water damage can be expensive, requiring specialized tools and expertise.
• Uncertain Reliability: Even after repairs, the vehicle’s long-term reliability may be compromised due to the water damage.

Summary

This 2021 Kia K5 GT Line presents a salvage opportunity for those willing to tackle the challenges of water/flood damage. While the potential cost savings are attractive, it’s crucial to thoroughly assess the extent of the damage and factor in the potential repair costs before bidding. Remember to research common issues for this model year and consider a professional inspection if possible. With careful planning and execution, this salvage Kia K5 could be a rewarding project.