Question 1

Was $10,500 a good price for this 2016 LEXUS IS?

Accepted Answer

1053 comparable 2016 LEXUS IS listings sold at auction for a median of $5,100, spanning $3,400 to $8,150. At $10,500 this one went 106% above that median. Auction prices reflect as-is condition, so the gap usually comes down to damage severity, mileage and whether the car runs.

Question 2

This LEXUS IS sold without keys — does that matter?

Accepted Answer

Yes, usually. A missing key means the vehicle often cannot be started or moved under its own power at the yard, so its condition is harder to verify and buyers bid more cautiously. Replacing a modern key and reprogramming it to the immobiliser typically runs into the hundreds. It is one of the more common reasons an otherwise sound car sells below its comparables.

Question 3

How much below its undamaged value did this LEXUS IS sell for?

Accepted Answer

The insurer put this 2016 LEXUS IS's pre-damage retail value at $21,778. It sold for $10,500 — 52% below that. A gap this size is normal for auction vehicles: the buyer takes on the repair cost, the paperwork and the risk that damage is worse than the photos show.

Question 4

How far is this LEXUS IS from an export port?

Accepted Answer

The lot sat at COPART in NJ - GLASSBORO. The nearest major vehicle export port is Newark, roughly 30 miles away. Moving a car that distance on an open carrier typically runs $200-$300, which is a real part of the landed cost and one reason identical cars fetch different bids depending on where they sit. Rates are indicative market figures rather than quotes, and rise with fuel prices and in winter.

Question 5

What does "ENHANCED" mean on this listing?

Accepted Answer

ENHANCED is the auction's own condition note for this 2016 LEXUS IS. It marks a lot the auction has given extra listing prominence, not a statement about condition. Anything beyond that has to come from the photos and a physical inspection.

Question 6

What does a salvage title mean for this LEXUS IS?

Accepted Answer

This 2016 LEXUS IS was sold on a salvage title. A salvage title means an insurer declared the vehicle a total loss. Repairing it and passing a state inspection can convert it to a rebuilt title, which stays on the record permanently and affects resale value.

2016 LEXUS IS 300 BLACK 3.5L 6 - JTHCM1D21G5005528 | $10,500

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