5YFB4MDE3PP059537

2023 Toyota Corolla LE Salvage Auction Find

This 2023 Toyota Corolla LE presents a unique opportunity for savvy buyers looking for a project car or parts vehicle. This silver sedan, with approximately 11,018 miles on the odometer, sustained front-end damage and is being offered with a Salvage Title from Texas. Despite the damage, this Corolla runs and drives, making it a potentially rewarding investment for those with the skills and resources to repair it.

Vehicle Highlights

This Corolla LE comes equipped with a fuel-efficient 2.0L 4-cylinder engine and front-wheel drive. It was recently sold at auction on Copart.com for $8200, after an original pre-accident value of $21,558. Keep reading for a detailed breakdown of its condition and potential.

Detailed Specifications

Here’s a comprehensive look at the specifications of this 2023 Toyota Corolla LE:

• Year: 2023
• Make: Toyota
• Model: Corolla LE
• VIN: 5YFB4MDE3PP059537
• Mileage: 11,018 miles
• Engine: 2.0L 4-Cylinder
• Fuel Type: Gas
• Drivetrain: Front-Wheel Drive
• Exterior Color: Silver
• Title: Salvage Title (Texas)
• Damage: Front End
• Keys Available: Yes
• Condition: Run and Drives
• Auction Location: Wilmer, Texas (TX – Dallas South)
• Auction Site: Copart.com
• Lot Number: 75909254
• Final Bid: $8200

Pros and Cons

Before you bid, consider these potential pros and cons based on the vehicle’s condition and common issues with this model:

Pros

• Potential Savings: Significant cost savings compared to purchasing a new or used Corolla in good condition.
• Engine and Drivetrain: The 2.0L engine is known for its reliability and fuel efficiency.
• Parts Availability: Toyota Corollas are common, making parts relatively easy to find and affordable.
• Run and Drive Condition: Being able to run and drive simplifies transport and initial assessment.
• Keys Available: Having the keys saves the expense and hassle of replacement.

Cons

• Front End Damage: Requires significant repair work, potentially including bodywork, mechanical repairs, and parts replacement.
• Salvage Title: Can affect resale value and insurance rates.
• Hidden Damage: There may be unseen damage beyond what is immediately apparent.
• Airbag Status: The status of the airbags is unknown, requiring inspection and potential replacement.
• Potential for Additional Costs: Repair costs can quickly escalate, exceeding initial estimates.

Summary

This 2023 Toyota Corolla LE presents an opportunity for those willing to take on a repair project. With its fuel-efficient engine and run-and-drive condition, it could be a worthwhile investment if the repair costs are managed effectively. Thoroughly inspect the vehicle’s images and consider a pre-purchase inspection to assess the full extent of the damage before bidding. Remember to factor in the implications of a salvage title when making your decision.