Question 1

What do water/flood 2016 LEXUS IS models sell for?

Accepted Answer

Across 15 recorded sales of the 2016 LEXUS IS with water/flood damage, the median was $4,950, from $4,050 to $7,100. That is 3% below the $5,100 median for the model across every damage type, over the last 36 months. Estimates from past sales, not a valuation.

Question 2

Was $8,400 a good price for this 2016 LEXUS IS?

Accepted Answer

1004 comparable 2016 LEXUS IS listings sold at auction for a median of $5,100, spanning $3,400 to $8,150. At $8,400 this one went 65% 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 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 $19,279. It sold for $8,400 — 56% 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

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.

Question 5

What does "RUN AND DRIVES" mean on this listing?

Accepted Answer

RUN AND DRIVES is the auction's own condition note for this 2016 LEXUS IS. It means the vehicle started and moved under its own power during a brief check at the yard. It is not a mechanical inspection and says nothing about how far it would drive. Anything beyond that has to come from the photos and a physical inspection.

Question 6

Is 68,786 miles high for a 2016 LEXUS IS?

Accepted Answer

Comparable 2016 LEXUS IS listings at auction averaged 106,180 miles across 1004 sales, so at 68,786 miles this one sits 35% below that. At salvage auctions mileage moves the price far less than damage does — a low-mileage car with structural damage will still sell under a higher-mileage clean one.

2016 LEXUS IS 300 BLACK 3.5L 6 - JTHCM1D28G5003825 | $8,400

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