Copart sales history of Volvo S60

2023 Volvo S60 Plus Salvage Auction – Your Next Project or Parts Donor

Discover a unique opportunity to acquire a 2023 Volvo S60 Plus Sedan 4 Door with only 10,909 actual miles, available through an IAAI salvage auction. This modern, All-Wheel Drive luxury sedan, offered by Mercury Insurance, sustained main damage to the rear and is currently listed with an “Other (Texas)” title. Whether you’re a seasoned rebuilder looking for a rewarding project, a mechanic seeking valuable parts, or an enthusiast aiming for a significant discount on a premium vehicle, this S60 presents an intriguing prospect.

Vehicle Overview

This 2023 Volvo S60 Plus, VIN 7JRL12TW8PG251406, is a testament to Volvo’s commitment to safety and sophisticated design. Despite its salvage status, the low mileage suggests that its core mechanical components, including the 2.0L I4 N engine, are in excellent condition, making it an ideal candidate for repair or a high-value source for parts.

Key Details at a Glance

This specific 2023 Volvo S60 Plus, identified by VIN 7JRL12TW8PG251406, is a 4-door sedan with a 2.0L I4 N engine and All-Wheel Drive. It has recorded a remarkably low 10,909 actual miles on the odometer. The primary damage is located at the rear of the vehicle, and it comes with an “Other (Texas)” title, indicating its current salvage status.

Auction Information

This Volvo S60 is part of an IAAI auction, lot number 39446402, located at Fort Worth North (TX). The vehicle was offered for sale by Mercury Insurance. While the final bid reached $11,450, it was not sold, and a Buy Now price of $14,000 was available. The sale date was July 2, 2024, and keys are available, facilitating easier inspection and transport.

Detailed Vehicle Specifications

Below are the comprehensive specifications for this 2023 Volvo S60 Plus:

  • Year: 2023
  • Make: VOLVO
  • Model: S60
  • Generation: PLUS
  • VIN: 7JRL12TW8PG251406
  • Cylinders: 4
  • Body Type: Sedan 4 Door
  • Color: Unknown
  • Engine: 2.0L I4 N
  • Transmission: Unknown
  • Drive Wheel: All-Wheel Drive
  • Vehicle Type: AUTOMOBILE
  • Fuel Type: Gasoline
  • Odometer: 10,909 miles (Actual)
  • Keys Available: Yes
  • Main Damage: Rear
  • Seller: Mercury Insurance
  • Title Type: Other (Texas)
  • Auction Location: Fort Worth North (TX)
  • Auction Status: Not Sold
  • Final Bid: $11,450
  • Buy Now Price: $14,000

Condition and Damage Assessment

The primary damage to this 2023 Volvo S60 Plus is concentrated at the rear. While specific details of the damage are not provided in the listing, “Rear” damage can range from cosmetic bumper issues to more significant structural damage involving the trunk, taillights, and rear quarter panels. Given the vehicle’s low mileage and its sale by an insurance company, it’s likely that the damage was deemed uneconomical to repair by the insurer, leading to its salvage title. Prospective buyers should plan for a thorough inspection to assess the full extent of the damage and estimate repair costs accurately.

Why Consider This 2023 Volvo S60 Plus? (Pros and Cons)

Evaluating a salvage vehicle requires careful consideration of its advantages and potential drawbacks. Here’s a balanced perspective on this 2023 Volvo S60 Plus:

Potential Advantages (Pros)

  • Extremely Low Mileage: With only 10,909 actual miles, the engine, transmission, and other major mechanical components have minimal wear, offering a long potential lifespan post-repair.
  • Recent Model Year: A 2023 vehicle means modern safety features, advanced technology, and contemporary styling, making it highly desirable.
  • Premium Brand Value: Volvo’s reputation for safety, luxury, and reliability adds significant value, whether for repair and personal use or for parting out.
  • All-Wheel Drive (AWD): This desirable feature enhances traction and handling, particularly in adverse weather conditions.
  • Keys Available: Having the keys simplifies inspection, loading, and initial diagnostics, saving time and potential locksmith costs.
  • Insurance Seller: Vehicles sold by insurance companies often have a clear history of the incident that led to the salvage title, providing transparency.
  • Significant Savings Potential: Acquiring a nearly new luxury sedan at a fraction of its retail price offers substantial value for those willing to undertake repairs.

Important Considerations (Cons)

  • Significant Rear Damage: Repairing rear-end damage can be complex and costly, potentially involving bodywork, frame straightening, and replacement of sensors or exhaust components.
  • “Other (Texas)” Title: This non-standard title requires diligent research into Texas DMV regulations. It may indicate a salvage, flood, or non-repairable designation, which can complicate registration, insurance, and future resale.
  • Unknown Color and Transmission: While minor, these details will need to be confirmed through inspection or further inquiry, especially the transmission type for repair planning.
  • Salvage Status Implications: Obtaining insurance, financing, and achieving a rebuilt title can be challenging and may affect the vehicle’s long-term resale value.
  • Potential for Hidden Damage: Without a professional pre-purchase inspection, there’s always a risk of discovering additional, non-visible damage that could escalate repair costs.
  • Specialized Repair Costs: Modern Volvos incorporate advanced materials and intricate electronic systems, making repairs, especially structural ones, potentially expensive and requiring specialized expertise.

Next Steps for Interested Buyers

For serious buyers, it is highly recommended to conduct a thorough pre-purchase inspection of the vehicle at the IAAI Fort Worth North (TX) location. This will allow you to accurately assess the full extent of the rear damage, identify any hidden issues, and obtain precise repair estimates. Furthermore, research the implications of an “Other (Texas)” title with the Texas Department of Motor Vehicles to understand the process for obtaining a rebuilt title and any restrictions on registration or insurance.

This 2023 Volvo S60 Plus, with its low mileage and premium features, represents a compelling opportunity for those prepared to invest in its repair. Whether you aim to restore it to its former glory or utilize its valuable components, this salvage auction vehicle offers a path to owning a modern Volvo at a fraction of the cost. Don’t miss the chance to bid or consider the Buy Now option for this promising project car.