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Discover This 2020 Toyota Corolla Le Salvage Auction Opportunity

Seize the chance to acquire a 2020 Toyota Corolla Le, a popular and reliable sedan, available through an upcoming salvage auction. This blue, front-wheel-drive model, powered by an efficient 1.8L I-4 DOHC engine with automatic transmission, presents a unique opportunity for mechanics, rebuilders, or those seeking parts for a project. Despite its salvage title, this Corolla is listed in “Run & Drives” condition, indicating its engine and drivetrain are operational, making it a prime candidate for restoration.

Key Auction & Vehicle Details

Auction Lot Information

• Lot Number: 40868465
• Sale Date: December 25, 2024
• Final Bid: $4,000
• Seller: Progressive (Insurance Company)
• Location: Fresno, California, USA (93705)

Condition & Damage Assessment

This 2020 Toyota Corolla Le sustained significant damage, primarily to the Front End, with a secondary damage type listed as “Unknown.” However, it’s important to note that the vehicle is classified as “Run & Drives,” meaning it was able to start and move under its own power at the time of assessment. The airbags are confirmed as intact, and keys are available, which are crucial factors for a salvage vehicle. The estimated repair cost is substantial at $16,934, aligning with its actual cash value.

Detailed Vehicle Specifications

• Year: 2020
• Make: Toyota
• Model: Corolla Le
• VIN: JTDEPRAE2LJ094834
• Body Type: Sedan
• Color: Blue
• Engine: 1.8L I-4 DOHC, VVT, 139hp
• Cylinders: 4
• Transmission: Automatic
• Drive Wheel: Front-Wheel Drive
• Fuel Type: Gasoline
• Odometer: 83,992 miles (Actual)

Pros and Cons for Potential Buyers

Pros of This 2020 Toyota Corolla Le

• “Run & Drives” Condition: This is a significant advantage, indicating the engine and transmission are functional, potentially simplifying the repair process compared to non-running vehicles.
• Intact Airbags & Keys Available: Critical safety components are present, and having the keys makes initial inspection and movement easier.
• Toyota Reliability: Even with damage, the core engineering of a Toyota Corolla is known for its longevity and low maintenance costs once repaired.
• Excellent Fuel Economy: The 1.8L engine is renowned for its efficiency, making it an economical choice for daily driving after restoration.
• High Parts Availability: As a very popular model, finding replacement parts for the Corolla is generally easy and affordable.
• Affordable Entry: Salvage titles offer a much lower entry price point into a relatively new vehicle, ideal for those with repair expertise.

Cons of This 2020 Toyota Corolla Le

• Salvage Title: A salvage title will permanently affect the vehicle’s resale value and may complicate insurance coverage in the future.