1HGCT2B8XGA002069 - 2016 Honda ACCORD EXL
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Vehicle Details
Lot Number
#84414225
VIN
1HGCT2B8XGA002069
Country
USA
Title
IL - SALVAGE TITLE
Primary Damage
REAR END
Secondary Damage
N/A
Odometer
92992 mi / actual
Condition
RUNS AND DRIVES
Auction Date
2025-10-28
Est Retail Value
$15425
Est Repair Cost
$16043.66
Body Type
ACCORD
Loss
-
Exterior Color
WHITE
AI Analysis Result
FINAL BID PRICE:8000
ESTIMATED PROFIT:-10618.66
RISK LEVEL:Medium
EXPLANATION:The car is a 2016 Honda Accord EXL with a salvage title, meaning it has been damaged to the point where the insurance company considers it a total loss. The estimated repair cost is $16,043.66, which is higher than the estimated retail value of $15,425. This means that even if the car is repaired and sold at the estimated retail value, there would be a loss. Therefore, the final bid price is suggested to be $8,000 to minimize the loss. The risk level is medium due to the high repair cost and the fact that the car runs and drives, which means there might be potential buyers. However, the estimated profit is negative, indicating a loss, which is calculated as follows: Estimated Profit = Retail Price − (Final Bid Price + Repair Cost) = $15,425 - ($8,000 + $16,043.66) = -$8,618.66.
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Technical Specifications
Engine
3.5L 6
Transmission
AUTOMATIC
Fuel Type
GAS
Drive
Front-wheel Drive