Copart sales history of Tesla Model 3

2018 Tesla Model 3 Range Battery – Salvage Auction Find

This 2018 Tesla Model 3 Range Battery, finished in a sleek Gray, is available through a salvage auction. While it sustained front end and suspension damage, it presents a unique opportunity for a skilled mechanic, Tesla enthusiast, or parts reseller. This electric sedan, previously owned by Progressive Casualty Insurance, starts and has only 31,331 miles on the odometer. Read on for a detailed overview of its condition and potential.

Vehicle Overview

This Tesla Model 3 is a Rear Wheel Drive electric vehicle that was sold at auction on August 23, 2021, for $21,250. It’s located in Fremont, CA, and was sold through IAAI. While the vehicle has sustained damage, the availability of keys and the fact that it starts make it a promising project.

Detailed Specifications

Here’s a breakdown of the key specifications for this 2018 Tesla Model 3:

• Year: 2018
• Make: Tesla
• Model: Model 3
• Generation: Range Battery
• Body Type: Sedan 4 Dr.
• Color: Gray
• Engine: MOTOR AC PERMANENT MAGNET
• Transmission: Unknown
• Drive Wheel: Rear Wheel Drive
• Vehicle Type: AUTOMOBILE
• Fuel: Electric
• VIN: 5YJ3E1EA0JF023898
• Odometer: 31,331 miles (Actual)
• Damage: Front End, Suspension
• Keys Available: Yes
• Auction Location: Fremont (CA) – IAAI
• Selling Branch: IAAI
• Seller: Progressive Casualty Insurance
• Sale Date: 2021-08-23
• Final Bid: $21,250
• Lot Number: 30745680

Pros and Cons of Purchasing a Salvage Tesla Model 3

Before bidding on this salvage Tesla, consider the following potential advantages and disadvantages:

Pros

• Potential Cost Savings: Salvage vehicles are typically sold at a significantly lower price than comparable used vehicles.
• Electric Vehicle Opportunity: Gain access to a Tesla Model 3 at a fraction of the cost of a new or undamaged used model.
• Parts Source: If repair is not feasible, the vehicle can be a valuable source of parts for other Tesla projects.
• Repair Project: For experienced mechanics, this could be a rewarding project to restore a desirable electric vehicle.
• Starts: The fact that the vehicle starts is a significant advantage, suggesting the battery and motor are potentially functional.

Cons

• Front End and Suspension Damage: The extent of the damage needs careful assessment, potentially requiring significant repairs.
• Unknown Transmission: The transmission is listed as “Unknown,” which could indicate a problem or simply a lack of information. Further inspection is needed.
• Battery Condition: While the car starts, the long-term health and capacity of the battery are unknown and require professional testing.
• Potential Hidden Damage: There may be hidden damage not immediately apparent in the auction photos or description.
• Title Issues: Salvage titles can be more difficult to insure and resell compared to clean titles.

Summary

This 2018 Tesla Model 3 Range Battery presents a unique opportunity for the right buyer. While the front end and suspension damage require careful consideration, the fact that it starts and has relatively low mileage makes it a potentially worthwhile project or a valuable source of parts. Thorough inspection and due diligence are highly recommended before placing a bid. Remember to factor in repair costs, potential battery issues, and the implications of a salvage title when making your decision.