JM1NC26F280140048 - 2008 Mazda MX-5 MIATA

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Vehicle Details
Lot Number
#85387265
VIN
JM1NC26F280140048
Country
USA
Title
CT - SALVAGE TITLE
Primary Damage
FRONT END
Secondary Damage
MINOR DENT/SCRATCHES
Odometer
71089 mi / actual
Condition
RUNS AND DRIVES
Auction Date
2025-10-23
Est Retail Value
$7325
Est Repair Cost
$9886.12
Body Type
MX5
Loss
-
Exterior Color
RED
AI Analysis Result
FINAL BID PRICE:6000
ESTIMATED PROFIT:-1861.12
RISK LEVEL:Medium
EXPLANATION:The car is a 2008 Mazda MX-5 Miata, a popular model with a strong resale market. However, it has significant front-end damage and minor dents and scratches, which will require an estimated repair cost of $9886.12. The car's estimated retail value after repair is $7325, which is lower than the repair cost. Therefore, the final bid price is suggested to be $6000, considering the repair cost and potential resale value. The risk level is medium due to the high repair cost and salvage title. The estimated profit, calculated as Retail Price - (Final Bid Price + Repair Cost), is -$1861.12, indicating a potential loss. Therefore, this purchase might not be profitable unless the repair cost can be significantly reduced or the resale value can be significantly increased.
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Technical Specifications
Engine
2.0L 4
Transmission
MANUAL
Fuel Type
GAS
Drive
Rear-wheel drive