1G11B5SL1FF101467

2015 Chevrolet Malibu LS Salvage Auction – Your Opportunity!

This 2015 Chevrolet Malibu LS sedan is currently available through an online salvage auction. With a clean title from Texas and a “run and drives” condition, this vehicle presents a unique opportunity for mechanics, body shop professionals, or anyone looking for a project car. While it does have left side damage, it’s a 4-cylinder, front-wheel-drive vehicle with a lot of potential. Read on for detailed specifications and considerations before placing your bid!

Vehicle Overview

This black 2015 Chevrolet Malibu LS is powered by a 2.5L I-4 DI, DOHC, VVT, 196hp engine paired with an automatic transmission. It’s being offered by Progressive Insurance through IAAI (Insurance Auto Auctions) and is currently listed as “on approval”. The odometer reads 124,308 miles. While it sustained left side damage, the airbags are reported as intact, and the vehicle is reported to run and drive.

Detailed Specifications

Here’s a comprehensive breakdown of this 2015 Chevrolet Malibu LS:

• Year: 2015
• Make: Chevrolet
• Model: Malibu LS
• VIN: 1G11B5SL1FF101467
• Body Type: Sedan
• Color: Black
• Engine: 2.5L I-4 DI, DOHC, VVT, 196hp
• Transmission: Automatic
• Drive Wheel: Front-wheel Drive
• Fuel: Gasoline
• Cylinders: 4
• Odometer: 124,308 miles (Actual)
• Damage: Left Side
• Keys Available: Yes
• Airbags: Intact
• Condition: Run and Drives
• Title: Clear (Original Texas)
• Auction Location: Wilmer, Texas, USA
• Selling Branch: Dallas (TX) – IAAI
• Seller: Progressive (Insurance)
• Estimated Repair Price: $5,094
• Current Bid: $2,750 (as of last update)
• Auction Date: March 19, 2025, 14:30 UTC

Pros and Cons of Buying a 2015 Chevrolet Malibu LS Salvage Vehicle

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

Pros:

• Affordable Entry Point: Salvage vehicles are typically much cheaper than comparable used cars.
• Potential for Profit: With repairs, this Malibu could be resold for a profit.
• Source of Parts: If you need parts for another Malibu, this could be a cost-effective source.
• Run and Drives Condition: The vehicle is reported to be in running condition, simplifying the initial assessment and transport.
• Clear Title: Having a clear title simplifies the process of registering the vehicle after repairs.

Cons:

• Left Side Damage: Requires thorough inspection and potentially extensive repairs.
• Unknown Hidden Damage: There may be unseen damage beyond what’s immediately apparent.
• Repair Costs: The estimated repair price is $5,094, but actual costs could be higher.
• Potential Mechanical Issues: Used vehicles, especially salvage ones, can have underlying mechanical problems.
• Resale Value: Even after repairs, the vehicle’s salvage history will affect its resale value. Common issues with this year/model include potential transmission problems and electrical glitches.

Bidding Information

This 2015 Chevrolet Malibu LS is being auctioned through IAAI (Insurance Auto Auctions). The lot number is 41490577. The auction is scheduled for March 19, 2025, at 14:30 UTC. The current bid is $2,750, but the final price will depend on bidding activity. Remember to factor in auction fees, transportation costs, and repair expenses when determining your maximum bid.

Summary

This 2015 Chevrolet Malibu LS salvage vehicle offers a chance to acquire a sedan at a potentially low cost. While the left side damage needs to be addressed, the “run and drives” condition and clear title make it an interesting prospect. Thoroughly inspect the vehicle images and consider all potential costs before placing your bid. Good luck!