1GNSKBKC0GR307705

2016 Chevrolet Tahoe K1500 LT Salvage Auction Vehicle

This 2016 Chevrolet Tahoe K1500 LT presents a unique opportunity for buyers looking for a project vehicle or parts source. With a salvage title due to front-end damage, this black Tahoe is being offered at auction from State Farm Insurance. Despite the damage, this SUV runs and drives, offering potential for repair or repurposing. Read on for a detailed overview of its condition, specifications, and potential considerations before bidding.

Vehicle Overview

This Chevrolet Tahoe K1500 LT, sold on June 26, 2024, comes with a salvage title from Alabama. The vehicle has a 5.3L 8-cylinder engine, automatic transmission, and all-wheel drive. While it sustained front-end damage, it is reported to run and drive. The odometer reads 258,881 miles (416,629 km), and keys are available.

Auction Details

* **Auction Site:** Copart
* **Lot Number:** 55528304
* **Seller:** State Farm Insurance
* **Title:** Salvage Title (Alabama)
* **Condition:** Runs and Drives
* **Damage:** Front End

Detailed Specifications

Here’s a comprehensive list of the specifications for this 2016 Chevrolet Tahoe K1500 LT:

• Year: 2016
• Make: Chevrolet
• Model: Tahoe K1500 LT
• VIN: 1GNSKBKC0GR307705
• Engine: 5.3L 8-Cylinder
• Transmission: Automatic
• Drive Wheel: All-Wheel Drive
• Fuel: Gas
• Cylinders: 8
• Odometer: 258,881 miles (Actual)
• Color: Black
• Title: Salvage Title
• Damage: Front End
• Keys Available: Yes
• Seller: State Farm Insurance
• Location: Tanner, Alabama

Pros and Cons of Buying a 2016 Chevrolet Tahoe K1500 LT

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

Pros

• Potential Cost Savings: Salvage vehicles can be purchased at a significantly lower price than comparable vehicles with clean titles.
• Parts Source: If you own a similar Tahoe, this could be a valuable source of replacement parts.
• Repair Project: For skilled mechanics or body shop professionals, this Tahoe presents an opportunity for a repair and restoration project.
• Run and Drive Condition: The fact that it runs and drives suggests the engine and drivetrain may be in relatively good condition.
• Desirable Features: The LT trim often includes desirable features like leather seats, upgraded audio systems, and more.

Cons

• Salvage Title: A salvage title significantly impacts the vehicle’s value and can make it difficult to insure or resell.
• Front End Damage: The extent of the front-end damage is unknown and could require extensive repairs.
• High Mileage: With over 258,000 miles, the vehicle may require additional maintenance and repairs in the near future.
• Potential Hidden Damage: There may be hidden damage to the frame, suspension, or other components as a result of the accident.
• Repair Costs: Repairing a salvage vehicle can be costly, and the total cost may exceed the value of a comparable vehicle with a clean title.

Summary

This 2016 Chevrolet Tahoe K1500 LT salvage vehicle offers a potential opportunity for the right buyer. Whether you’re looking for a parts vehicle, a repair project, or simply a cost-effective way to get into a Tahoe, be sure to carefully inspect the available images and consider all the potential risks and benefits before placing a bid. Remember to factor in repair costs, title transfer fees, and insurance considerations before making your final decision. Good luck!