5YFT4RCE4LP042470 - 2020 Toyota COROLLA XS
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Vehicle Details
Lot Number
#81560925
VIN
5YFT4RCE4LP042470
Country
USA
Title
IL - SALVAGE TITLE
Primary Damage
REAR END
Secondary Damage
MINOR DENT/SCRATCHES
Odometer
21156 mi / actual
Condition
ENGINE START PROGRAM
Auction Date
2025-10-20
Est Retail Value
$19450
Est Repair Cost
$18000
Body Type
COROLLA
Loss
-
Exterior Color
WHITE
AI Analysis Result
FINAL BID PRICE:13000
ESTIMATED PROFIT:-11550
RISK LEVEL:Medium
EXPLANATION:The vehicle is a 2020 Toyota Corolla XS with a salvage title, indicating it has been damaged and deemed a total loss by an insurance company. The estimated repair cost is $18,000, which is quite high. However, the vehicle's condition is listed as 'Engine Start Program', indicating the engine is in working condition. The vehicle also has relatively low mileage (21,156 miles), which is a positive factor. The final bid price is set at $13,000, considering the high repair cost and the vehicle's potential retail value of $19,450. The risk level is medium due to the high repair cost and the vehicle's salvage title. The estimated profit is calculated as the retail price ($19,450) minus the sum of the final bid price and repair cost ($13,000 + $18,000), resulting in a negative profit of -$11,550. This suggests that buying this vehicle may not be profitable unless the repair cost can be significantly reduced or the vehicle can be resold at a higher price.
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Technical Specifications
Engine
2.0L 4
Transmission
AUTOMATIC
Fuel Type
GAS
Drive
Front-wheel Drive