JM3KFBCM0P0184455

2023 Mazda CX-5 2.5 S Preferred Salvage Auction Vehicle

Looking for a late-model SUV with sporty handling and premium features? This 2023 Mazda CX-5 2.5 S Preferred, available at salvage auction, presents a unique opportunity. While it has sustained rear damage, this CX-5 is reported to be in “run and drives” condition and comes with intact airbags, making it a potentially cost-effective project for the right buyer. This vehicle was previously owned by State Farm Insurance.

Vehicle Highlights

This Mazda CX-5 boasts a desirable combination of style, performance, and practicality. The 2.5L engine provides ample power for everyday driving, while the all-wheel-drive system ensures confident handling in various weather conditions. The “Preferred” trim level adds a touch of luxury with enhanced interior features. Keep reading for a detailed breakdown of this salvage vehicle.

Auction Details

* **Lot Number:** 40677744
* **Auction Site:** IAAI (iaai.com) – External ID: 41167041~US
* **Location:** Portland (OR) Branch – 4415 NE 158th Avenue, Portland, OR 97230, USA
* **Seller:** State Farm Insurance
* **Title:** Salvage
* **Condition:** Run and Drives
* **Keys Available:** Yes
* **Grade (IAAI):** 40
* **Final Bid:** $7500

Detailed Specifications

Here’s a comprehensive look at the specifications of this 2023 Mazda CX-5:

• Year: 2023
• Make: Mazda
• Model: CX-5 2.5 S Preferred
• VIN: JM3KFBCM0P0184455
• Body Type: SUV
• Color: Blue
• Engine: 2.5L I-4 DI, DOHC, VVT, 187HP
• Transmission: Automatic
• Drive Wheel: All-Wheel Drive
• Fuel Type: Gasoline
• Cylinders: 4
• Odometer: 13,071 miles (21,036 km) – Actual
• Damage: Rear
• Airbags: Intact
• Actual Cash Value: $24,778

Pros and Cons of Buying a Salvage 2023 Mazda CX-5

Before bidding, carefully consider the potential advantages and disadvantages of purchasing this salvage vehicle.

Pros:

• Potential Cost Savings: Salvage vehicles are typically priced significantly lower than comparable clean title vehicles.
• Late-Model Vehicle: Being a 2023 model, this CX-5 benefits from modern technology and safety features.
• Run and Drives Condition: The vehicle is reported to be in running condition, reducing immediate repair needs.
• Intact Airbags: Indicates that the front-end impact was not severe enough to deploy the airbags.
• Desirable Trim Level: The “Preferred” trim offers upgraded features and a more comfortable driving experience.

Cons:

• Salvage Title: This will affect resale value and may require additional inspections and paperwork.
• Rear Damage: Requires thorough inspection and repair, potentially involving bodywork and parts replacement.
• Potential for Hidden Damage: There may be underlying damage not immediately apparent.
• Parts Availability: Depending on the extent of the damage, sourcing replacement parts could be challenging.
• Insurance Limitations: Securing full coverage insurance on a salvage vehicle may be difficult or expensive.

Summary

This 2023 Mazda CX-5 2.5 S Preferred presents an opportunity for mechanically inclined individuals or those seeking a project vehicle. While the rear damage needs to be addressed, the “run and drives” condition, intact airbags, and desirable features make it a potentially worthwhile investment. Thoroughly inspect the vehicle’s images and consider a pre-purchase inspection to assess the full extent of the damage before placing your bid. Remember to factor in repair costs, title transfer fees, and potential insurance limitations when determining your maximum bid. Good luck!