1G1ZD5ST3MF076839

2021 Chevrolet Malibu LT Salvage Auction Vehicle

This 2021 Chevrolet Malibu LT presents a unique opportunity for those seeking a repair project or parts vehicle. Sold at auction with a salvage title due to side and front-end damage, this black Malibu offers a chance to acquire a late-model car at a potentially significantly reduced price. While it requires repair, it boasts a clean wholesale price of $19,100 before the accident, suggesting the potential for significant value after restoration.

Vehicle Overview

This Chevrolet Malibu LT, manufactured in 2021, features a 1.5L 4-cylinder engine and an automatic transmission, providing a balance of fuel efficiency and comfortable driving. As a front-wheel-drive automobile, it’s a practical choice for everyday use. The vehicle was sold on December 13, 2024, at a Copart auction in Riverview, Florida.

Damage and Condition

The primary damage is to the side, with secondary damage to the front end. The vehicle has a salvage title from Florida, indicating it’s rebuildable. Keys are not available. The condition is listed as “enhanced,” which may indicate some level of detailing or preparation before the auction.

Detailed Specifications

Here’s a breakdown of the key specifications for this 2021 Chevrolet Malibu LT:

• Year: 2021
• Make: Chevrolet
• Model: Malibu LT
• VIN: 1G1ZD5ST3MF076839
• Engine: 1.5L 4-Cylinder
• Transmission: Automatic
• Drive Wheel: Front-Wheel Drive
• Fuel: Gas
• Cylinders: 4
• Color: Black
• Title: Salvage Title (Florida – Cert Of Title Slvg Rebuildable)
• Damage: Side, Front End
• Keys Available: No
• Auction Location: Riverview, Florida (FL – Tampa South)
• Odometer: Not Specified
• Pre-Accident Price: $13,612.22
• Clean Wholesale Price: $19,100
• Lot Number: 77812864

Pros and Cons of Buying a Salvage 2021 Chevrolet Malibu LT

Consider these points before bidding on this vehicle:

Pros

• Potential Cost Savings: Salvage vehicles can be acquired for significantly less than their market value.
• Source of Parts: If you own a similar vehicle, this could be a cost-effective source of replacement parts.
• Rebuild Opportunity: For experienced mechanics or body shops, this presents a chance to rebuild and resell the car.
• Modern Features: Being a 2021 model, it likely includes modern safety and technology features.
• Fuel Efficiency: The 1.5L engine offers reasonable fuel economy.

Cons

• Unknown Extent of Damage: The full extent of the damage may not be apparent from photos alone.
• Salvage Title Restrictions: Rebuilding and titling a salvage vehicle can be complex and vary by state.
• Potential Hidden Issues: There may be hidden mechanical or electrical issues resulting from the accident.
• Diminished Value: Even after repair, a vehicle with a salvage title typically has a lower resale value.
• Airbag Deployment: The airbag status is unknown, and replacement can be costly.

Summary

This 2021 Chevrolet Malibu LT salvage vehicle, sold out of Riverview, Florida, offers a project opportunity for those willing to invest time and resources into repairs. With side and front-end damage, it’s crucial to carefully assess the extent of the repairs needed. Consider the potential cost savings against the challenges of rebuilding a salvage-titled vehicle before making a bid. Remember keys are not available. Good luck!