KMHL34J20NA223518

2022 Hyundai Sonata Limited Salvage Auction – A Potential Project Car

This 2022 Hyundai Sonata Limited, a sleek black sedan, is currently available through a salvage auction. While it sustained rear-end damage, it **runs and drives**, presenting a unique opportunity for mechanics, DIY enthusiasts, or those looking for a project car. Read on for a detailed overview of its condition, specifications, and potential considerations before bidding.

Vehicle Overview

This Sonata Limited is equipped with a 1.6L 4-cylinder engine and an automatic transmission, delivering power to the front wheels. With 36,892 miles on the odometer, it’s relatively young in its lifespan. The vehicle was sold at auction on August 14, 2024, by GEICO with a salvage title due to the rear-end damage.

Auction Details

* **Auction Site:** Copart
* **Lot Number:** 63363434
* **Final Bid:** $8,900
* **Seller:** GEICO (Insurance Company)
* **Title:** Salvage Title (Arizona Certificate of Title – Salvage)

Detailed Specifications

Here’s a comprehensive breakdown of this 2022 Hyundai Sonata Limited’s specifications:

• Year: 2022
• Make: Hyundai
• Model: Sonata Limited
• VIN: KMHL34J20NA223518
• Engine: 1.6L 4-Cylinder
• Transmission: Automatic
• Drive Wheel: Front-Wheel Drive
• Fuel: Gas
• Cylinders: 4
• Odometer: 36,892 miles (Actual)
• Exterior Color: Black
• Damage: Rear End
• Keys Available: Yes
• Condition: Run and Drives
• Pre-Accident Price: $22,040
• Clean Wholesale Price: $26,975

Pros and Cons of Purchasing a Salvage 2022 Hyundai Sonata Limited

Before placing a bid, carefully consider the potential advantages and disadvantages of buying this salvage vehicle.

Pros

• Potential Cost Savings: Salvage vehicles are typically sold at a significantly lower price than comparable vehicles with clean titles.
• Opportunity for Customization: This Sonata can be customized to your specific preferences during the repair process.
• Source of Parts: If you own another Sonata, this could be a valuable source of spare parts.
• Relatively New Model: Being a 2022 model, it benefits from modern technology and safety features.
• Run and Drives Condition: The fact that it runs and drives suggests that the engine and transmission are likely in good working order, despite the rear-end damage.

Cons

• Salvage Title Restrictions: Obtaining insurance and financing for a salvage title vehicle can be challenging.
• Unknown Hidden Damage: There may be underlying damage not immediately apparent from the photos or description.
• Repair Costs: Repairing rear-end damage can be extensive and costly, potentially exceeding the savings from the initial purchase price.
• Potential Diminished Value: Even after repairs, a salvage title vehicle will typically have a lower resale value than a comparable vehicle with a clean title.
• Possible Electronic Issues: Modern cars are complex, and rear-end damage can sometimes affect electronic systems.

Summary

This 2022 Hyundai Sonata Limited offers a chance to acquire a relatively new vehicle at a potentially reduced cost. However, the rear-end damage and salvage title status require careful consideration. Thoroughly inspect the vehicle’s images and consider a pre-purchase inspection by a qualified mechanic to assess the full extent of the damage and potential repair costs before bidding. This could be a rewarding project for the right buyer with the skills and resources to restore it.