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2021 Kia K5 EX Salvage Auction – Your Opportunity Awaits!

This 2021 Kia K5 EX presents a unique opportunity for savvy buyers looking for a project car or a source of parts. This sedan, finished in a clean white, is being offered at salvage auction due to right front and front end damage. Despite the damage, the engine starts and the airbags are intact, making it a potentially worthwhile investment for the right individual. Read on for a detailed overview of this vehicle’s specifications and potential.

Vehicle Overview

This Kia K5 EX comes equipped with a fuel-efficient 1.6L I-4 turbocharged engine and an automatic transmission, delivering a balance of performance and economy. With approximately 37,539 miles on the odometer, this K5 still has plenty of life left. The vehicle is being sold with a salvage title from MAPFRE USA, an insurance company.

Detailed Specifications

Here’s a comprehensive breakdown of this 2021 Kia K5 EX:

• Year: 2021
• Make: Kia
• Model: K5 EX
• VIN: 5XXG34J24MG038090
• Body Type: Sedan
• Color: White
• Engine: 1.6L I-4 DI, DOHC, VVT, Turbo, 180hp
• Transmission: Automatic
• Drive Wheel: Front-Wheel Drive
• Fuel: Gasoline
• Cylinders: 4
• Odometer: 37,539 miles (Actual)
• Title: Salvage
• Damage: Right Front, Front End
• Keys Available: Yes
• Airbags: Intact
• Condition: Engine Starts
• Seller: MAPFRE USA (Insurance)
• Location: Shirley, Massachusetts, USA
• Lot Number: 40694452
• IAAI Grade: 24

Auction Information

This vehicle was previously sold at auction on December 18, 2024, through IAAI (Insurance Auto Auctions). The original listing can be found using the external ID 41183776~US. While the final bid is not available, the estimated repair price was $14,434, and the actual cash value was estimated at $27,500.

Pros and Cons

Before you bid, consider the following potential advantages and disadvantages:

Pros:

• Potential Cost Savings: Salvage vehicles can be acquired for significantly less than their retail value.
• Engine Starts: The fact that the engine starts is a major plus, suggesting the damage is primarily cosmetic or structural.
• Intact Airbags: Safety features like airbags being intact can reduce repair costs.
• Modern Features: Being a 2021 model, this K5 EX likely has modern technology and features.
• Parts Car Potential: If repair isn’t feasible, it can be a valuable source of parts for other K5 owners.

Cons:

• Salvage Title: A salvage title can affect resale value and insurance rates.
• Right Front and Front End Damage: The extent of the damage needs careful assessment to determine repair feasibility.
• Potential Hidden Damage: There may be unseen damage that is not immediately apparent.
• Repair Costs: Repairs could exceed the vehicle’s value, especially with potential parts shortages and labor costs.
• Known Issues: Some 2021 Kia K5 models have reported issues with transmission performance and electronic glitches, although this vehicle may not be affected.

Summary

This 2021 Kia K5 EX salvage vehicle offers a project opportunity for experienced mechanics, body shops, or individuals seeking a parts car. While the right front and front end damage requires careful evaluation, the fact that the engine starts and the airbags are intact are positive indicators. Thoroughly inspect the vehicle’s images and consider a pre-bid inspection to assess the full extent of the damage and determine if this K5 aligns with your needs and budget. Good luck bidding!