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2023 Mazda CX-5 2.5 Turbo Salvage Auction Vehicle
This 2023 Mazda CX-5 2.5 Turbo, a stylish and sporty SUV, is now available at auction with a salvage title due to front-end damage. Despite the damage, this vehicle presents a unique opportunity for a skilled mechanic, body shop, or DIY enthusiast to acquire a late-model, feature-rich SUV at a potentially significant discount. With only 1,432 miles on the odometer and its engine reported as starting, this CX-5 offers a solid foundation for repair or parts.
Vehicle Overview
This grey 2023 Mazda CX-5 boasts a powerful 2.5L turbocharged engine, all-wheel drive, and an automatic transmission. It comes equipped with desirable features and modern styling. The vehicle is being sold by State Farm Insurance with a salvage title from Nebraska, indicating it has sustained damage significant enough for the insurance company to declare it a total loss. The primary damage is to the front end, and the airbags have been deployed.
Key Details
* Year: 2023
* Make: Mazda
* Model: CX-5 2.5 Turbo
* Mileage: 1,432 miles
* Damage: Front End
* Title: Salvage (Nebraska)
* Condition: Engine Starts, Airbags Deployed
Detailed Specifications
Here’s a comprehensive breakdown of this 2023 Mazda CX-5 2.5 Turbo’s specifications:
- Year: 2023
- Make: Mazda
- Model: CX-5
- Trim: 2.5 Turbo
- VIN: JM3KFBAY6P0253851
- Body Type: SUV
- Color: Grey
- Engine: 2.5L I-4 DI, DOHC, VVT, Turbo, 227hp
- Transmission: Automatic
- Drive Wheel: All-Wheel Drive
- Fuel: Gasoline
- Cylinders: 4
- Odometer: 1,432 miles (Actual)
- Title: Salvage (Nebraska)
- Damage: Front End
- Airbags: Deployed
- Keys Available: Yes
- Condition: Engine Starts
- Selling Branch: Omaha (NE)
- Lot Number: 37651531
- IAAI External ID: 38130447~US
- Seller: State Farm Insurance
- Grade IAAI: 8
Pros and Cons of Buying a Salvage 2023 Mazda CX-5
Before bidding on this salvage vehicle, consider the potential advantages and disadvantages:
Pros:
- Significant Cost Savings: Salvage vehicles typically sell for far less than their retail value.
- Potential for Profit: If repaired skillfully, the vehicle can be resold for a profit.
- Source of Parts: Even if not repaired, the vehicle can be a valuable source of parts for other Mazda CX-5s.
- Relatively Low Mileage: With only 1,432 miles, many components are still in excellent condition.
- Modern Features: The 2023 CX-5 2.5 Turbo comes with a range of modern features and technology.
Cons:
- Front-End Damage: The extent of the front-end damage needs careful assessment.
- Airbag Deployment: Replacing deployed airbags can be costly.
- Salvage Title Restrictions: A salvage title may require inspection and recertification before the vehicle can be legally driven on public roads.
- Potential for Hidden Damage: There may be hidden damage beyond what is immediately visible.
- Impact on Resale Value: Even after repair, a vehicle with a salvage title will have a lower resale value compared to a vehicle with a clean title.
Auction Information
This 2023 Mazda CX-5 2.5 Turbo is being auctioned through IAAI (Insurance Auto Auctions) with Lot Number 37651531 and External ID 38130447~US. The selling branch is located in Omaha, Nebraska. The vehicle is listed with a “Sold” status, but it may be worth contacting the auction house to inquire about the possibility of a relisting or if the sale falls through. The last bid was $3,550 and the buy now price was $10,500.
Summary
This salvage 2023 Mazda CX-5 2.5 Turbo presents a compelling opportunity for buyers willing to undertake repairs or utilize it for parts. While the front-end damage and deployed airbags are significant factors to consider, the low mileage, powerful engine, and modern features make this vehicle a potentially worthwhile investment for the right buyer. Thoroughly inspect the vehicle’s images and consider a pre-bid inspection to assess the full extent of the damage before placing your bid. Remember to factor in the costs of repair, title recertification, and potential hidden damage when determining your maximum bid.