2T3DWRFV2MW114834

2021 Toyota RAV4 Limited Salvage Auction Opportunity

This 2021 Toyota RAV4 Limited presents a unique opportunity for savvy buyers looking for a project vehicle. This RAV4, being sold at auction with a salvage title from Ontario, has sustained front-end damage and is listed as “not running”. Despite its condition, this well-equipped RAV4 Limited offers a chance to acquire a modern SUV at a potentially significantly reduced cost. Airbags have deployed. Keys are available. Read on for a detailed overview of its specifications, potential issues, and benefits.

Vehicle Highlights

This RAV4 Limited boasts a 2.5L inline-4 engine, automatic transmission, and all-wheel drive. The vehicle is white and comes with a salvage title from Ontario. It was sold on September 18, 2024. The estimated repair price is $27,979 CAD.

Auction Details

* **Lot Number:** 12061228
* **Auction Site:** IAAI (iaai_com)
* **Location:** Hamilton, Ontario, Canada
* **Title:** On-Salvage-Ontario

Detailed Specifications

Here’s a comprehensive breakdown of this 2021 Toyota RAV4 Limited’s specifications:

• Year: 2021
• Make: Toyota
• Model: RAV4 Limited
• VIN: 2T3DWRFV2MW114834
• Engine: 2.5L I-4 DI, DOHC, VVT, 176HP
• Transmission: Automatic
• Drive Wheel: All-Wheel Drive
• Color: White
• Cylinders: 4
• Title: On-Salvage-Ontario
• Damage: Front
• Keys Available: Yes
• Airbags: Deployed
• Condition: Not Running
• Location: Hamilton (Ontario)
• Estimated Repair Price: $27,979 CAD
• Actual Cash Value: $39,929 CAD

Pros and Cons of Purchasing a Salvage RAV4

Consider these potential advantages and disadvantages before bidding:

Pros

• Significant Cost Savings: Salvage vehicles typically sell for far less than their market value when repaired.
• Potential for Profit: If you have the skills or resources to repair the vehicle efficiently, you could resell it for a profit.
• Source of Parts: Even if repair isn’t feasible, the vehicle could be a valuable source of parts for other RAV4s.
• Modern Features: Being a 2021 Limited model, it likely includes desirable features such as advanced safety systems, a premium sound system, and a comfortable interior.
• All-Wheel Drive: The AWD system enhances its usability in various weather conditions, making it a desirable feature for many buyers.

Cons

• Extensive Repairs Required: The front-end damage and “not running” condition suggest significant repairs will be necessary.
• Deployed Airbags: Replacing deployed airbags can be costly and complex.
• Salvage Title Restrictions: A salvage title can make it more difficult to insure or resell the vehicle.
• Potential for Hidden Damage: There may be hidden damage beyond what is immediately visible, increasing repair costs.
• Mechanical Condition Unknown: The “not running” condition means the extent of mechanical damage is currently unknown.

Summary

This 2021 Toyota RAV4 Limited salvage vehicle offers a compelling opportunity for those willing to undertake a repair project. While the front-end damage and “not running” condition present challenges, the potential cost savings and access to a well-equipped SUV make it worth considering. Thoroughly inspect the available images and consider a pre-purchase inspection if possible to assess the full extent of the damage before placing your bid. Remember to factor in the cost of repairs, parts, and any associated fees when determining your maximum bid. This could be a rewarding project for the right buyer.