58AD21B10LU010519

2020 Lexus ES 300h Salvage Auction Find

This 2020 Lexus ES 300h, a stylish and fuel-efficient hybrid sedan, is now available through salvage auction. While it sustained rollover damage, this vehicle presents a unique opportunity for a skilled mechanic, body shop, or DIY enthusiast to restore a luxury car at a fraction of its original cost. Read on for a detailed overview of its condition, specifications, and potential.

Vehicle Overview

This Lexus ES 300h is a black sedan with a 2.5L I4 DOHC 16V VVT-i hybrid engine and front-wheel drive. It has approximately 28,440 miles (45,770 km) on the odometer, which is confirmed as actual mileage. The vehicle was sold at auction on September 29, 2023, by State Farm Insurance and the engine starts. The main damage is listed as rollover, and the airbags have deployed. The vehicle comes with keys and has a bill of sale title.

Detailed Specifications

Here’s a comprehensive breakdown of this 2020 Lexus ES 300h’s specifications:

• Year: 2020
• Make: Lexus
• Model: ES 300h
• VIN: 58AD21B10LU010519
• Body Type: Sedan
• Color: Black
• Engine: 2.5L I4 DOHC 16V VVT-i
• Fuel Type: Hybrid
• Cylinders: 4
• Drive Wheel: Front-Wheel Drive
• Odometer: 28,440 miles (45,770 km) – Actual
• Seller: State Farm Insurance
• Title: Bill of Sale (Wait Title)
• Damage: Rollover
• Airbags: Deployed
• Keys Available: Yes
• Condition: Engine Starts
• Auction Location: Los Angeles, CA (North Hollywood Branch)

Pros and Cons of Purchasing a Salvage Lexus ES 300h

Before bidding, consider the potential advantages and disadvantages of purchasing this salvage vehicle.

Pros:

• Significant Cost Savings: Salvage vehicles are typically sold at a much lower price than comparable used cars.
• Potential for Profit: If you can repair the vehicle efficiently, you could resell it for a profit.
• Source of Parts: Even if you don’t repair the entire vehicle, it can be a valuable source of parts for other Lexus ES models.
• Hybrid Fuel Efficiency: Once repaired, you’ll benefit from the excellent fuel economy of the ES 300h hybrid system.
• Luxury Features: The Lexus ES boasts a comfortable interior and a range of luxury features.

Cons:

• Rollover Damage: Rollover damage can be extensive and may affect the vehicle’s structural integrity.
• Airbag Deployment: Replacing deployed airbags can be costly.
• Wait Title: The title is listed as “Wait Title”, which may cause delays or complications in transferring ownership.
• Unknown Hidden Damage: There may be hidden damage that is not immediately apparent.
• Potential for High Repair Costs: Depending on the extent of the damage, repair costs could exceed the vehicle’s value.

Auction Information

This 2020 Lexus ES 300h was sold at an IAAI auction with lot number 37621483 (external ID: 38100259~US) on September 29, 2023. The final bid was $7,375. The auction location was in Los Angeles, CA (North Hollywood Branch). Please note that the vehicle is sold as-is, where-is, with no warranties expressed or implied.

Summary

This 2020 Lexus ES 300h represents a salvage opportunity for those willing to take on a repair project. While the rollover damage and deployed airbags present challenges, the potential cost savings and access to a luxury hybrid vehicle make it a worthwhile consideration for experienced buyers. Thoroughly inspect the available images and video before placing a bid to assess the full extent of the damage and determine if this project aligns with your skills and resources.