3GNAXUEG3RL103790

2024 Chevrolet Equinox LT Salvage Auction Vehicle

This 2024 Chevrolet Equinox LT, finished in sleek black, presents a unique opportunity for buyers seeking a late-model SUV at a potentially reduced price. Offered through a salvage auction, this Equinox has sustained side damage with minor dents and scratches, but it **runs and drives**, making it a viable project vehicle or a source of parts. With only 4,628 miles on the odometer, this Equinox still has plenty of life left.

Vehicle Overview

This Chevrolet Equinox LT is equipped with a 1.5L 4-cylinder engine and all-wheel drive. It comes with a salvage title due to the reported side damage. Keys are available, and the vehicle was sold at auction on October 9, 2024, for $11,000. The original MSRP of this vehicle was $30,787, and the clean wholesale price was $28,050, highlighting the potential savings available through salvage auctions.

Detailed Specifications

• Year: 2024
• Make: Chevrolet
• Model: Equinox LT
• VIN: 3GNAXUEG3RL103790
• Mileage: 4,628 miles
• Engine: 1.5L 4-cylinder
• Drive Wheel: All-Wheel Drive
• Fuel Type: Gas
• Cylinders: 4
• Color: Black
• Title: Salvage Title
• Damage: Side, Minor Dent/Scratches
• Keys: Available
• Condition: Runs and Drives
• Auction Location: NY – Long Island
• Selling Branch: NY – Long Island
• Auction Site: Copart.com
• Lot Number: 65397214
• Sale Date: 2024-10-09
• Final Bid: $11,000

Pros and Cons

Considering a salvage vehicle requires careful evaluation. Here’s a breakdown of potential pros and cons specific to the 2024 Chevrolet Equinox, keeping in mind this particular unit’s damage:

Pros

• Significant Cost Savings: Salvage vehicles are typically priced well below market value.
• Late-Model Vehicle: Being a 2024 model, this Equinox benefits from modern features and technology.
• Low Mileage: With only 4,628 miles, the engine and drivetrain have minimal wear.
• Runs and Drives: Despite the damage, the vehicle is reported to be in running condition.
• Potential for Repair or Parts: Can be repaired for personal use or used as a source of parts for other vehicles.
• All-Wheel Drive: Enhanced traction and stability in various weather conditions.

Cons

• Salvage Title: A salvage title can affect resale value and insurance rates.
• Side Damage: The extent of the side damage needs thorough inspection to assess repair costs.
• Potential Hidden Damage: There may be unseen damage beyond what is immediately apparent.
• Repair Costs: Repairing the vehicle to a roadworthy condition can be expensive.
• Inspection Required: A thorough inspection by a qualified mechanic is essential before purchase.
• Airbag Status: The airbag status is unknown, requiring inspection and potential replacement.

Summary

This 2024 Chevrolet Equinox LT presents a compelling opportunity for mechanically inclined buyers or those seeking a parts vehicle. The low mileage, combined with the “runs and drives” condition, makes it a potentially rewarding project. However, a thorough inspection is crucial to fully understand the extent of the damage and associated repair costs. Carefully weigh the pros and cons before bidding on this salvage auction vehicle.