5XXG64J25NG098095

2022 Kia K5 GT Line Salvage Auction Vehicle

This 2022 Kia K5 GT Line, finished in a sleek grey, is available for auction due to front-end damage. With only 7,198 miles on the odometer, this vehicle presents a unique opportunity for mechanics, body shop professionals, or anyone looking for a project car with significant potential. Sold with a salvage title from GEICO, this K5 GT Line offers a chance to acquire a modern, stylish sedan at a fraction of its pre-accident value.

Vehicle Overview

This Kia K5 GT Line comes equipped with a 1.6L 4-cylinder engine and an automatic transmission, providing a balance of performance and efficiency. The vehicle is a front-wheel-drive model and includes keys. While the vehicle sustained front-end damage, it offers a solid foundation for repair or parts harvesting. The original MSRP of this vehicle was over $26,000, making the final bid of $6,800 an attractive starting point for the right buyer.

Detailed Specifications

Here’s a breakdown of the key specifications for this 2022 Kia K5 GT Line:

• Year: 2022
• Make: Kia
• Model: K5 GT Line
• VIN: 5XXG64J25NG098095
• Engine: 1.6L 4-Cylinder
• Transmission: Automatic
• Drive Wheel: Front-Wheel Drive
• Fuel: Gas
• Cylinders: 4
• Color: Grey
• Odometer: 7,198 miles
• Title: Salvage Title (Sc)
• Damage: Front End
• Keys Available: Yes
• Seller: GEICO (Insurance)
• Auction Location: CA – San Diego
• Lot Number: 61571394
• Pre-Accident Price: $26,615
• Clean Wholesale Price: $25,575
• Final Bid: $6,800

Pros and Cons of Purchasing a Salvage 2022 Kia K5 GT Line

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

Pros:

• Significant Cost Savings: Purchase price is significantly lower than a comparable vehicle with a clean title.
• Potential for Profit: Opportunity to repair and resell the vehicle for a profit.
• Parts Harvesting: Usable parts can be salvaged for other projects or to sell individually.
• Modern Features: Being a 2022 model, it likely includes modern technology and safety features.
• Low Mileage: The low mileage suggests that many components have minimal wear and tear.

Cons:

• Salvage Title Restrictions: Obtaining a rebuilt title can be complex and vary by state.
• Unknown Hidden Damage: There may be unseen damage beyond what is immediately apparent.
• Repair Costs: Repairing front-end damage can be expensive, requiring specialized tools and expertise.
• Potential Diminished Value: Even with a rebuilt title, the vehicle’s value may be lower than a clean title vehicle.
• Possible Electronic Issues: Modern vehicles often have complex electronic systems that can be damaged in an accident.

Auction Information

This 2022 Kia K5 GT Line was sold at auction on September 1, 2024, through Copart. The vehicle is located in San Diego, CA. The final bid was $6,800.

Summary

This salvage 2022 Kia K5 GT Line presents a compelling opportunity for those with the skills and resources to undertake a repair project or utilize it for parts. While the front-end damage requires attention, the low mileage, modern features, and significant cost savings make it a worthwhile consideration for the right buyer. Be sure to carefully review all available images and information before placing a bid.