Question 1

Was $7,000 a good price for this 2016 LEXUS LS?

Accepted Answer

79 comparable 2016 LEXUS LS listings sold at auction for a median of $7,500, spanning $3,750 to $11,300. At $7,000 this one went 7% below 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

What does a salvage mean for this LEXUS LS?

Accepted Answer

This 2016 LEXUS LS was sold on a salvage. 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 3

How far is this LEXUS LS from an export port?

Accepted Answer

The lot sat at IAAI in CA - WILMINGTON. The nearest major vehicle export port is Long Beach, roughly 200 miles away. Moving a car that distance on an open carrier typically runs $250-$350, 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 4

Is 73,032 miles high for a 2016 LEXUS LS?

Accepted Answer

Comparable 2016 LEXUS LS listings at auction averaged 105,580 miles across 79 sales, so at 73,032 miles this one sits 31% 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.

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 LS. 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

Who sold this 2016 LEXUS LS?

Accepted Answer

The listing seller was STATE FARM INSURANCE. Seller type is a useful signal: insurers typically consign total-loss vehicles, rental and fleet operators consign on a cycle regardless of damage, and dealers consign trade-ins they do not want to retail. Each implies a different history behind the same damage label.

2016 LEXUS LS 460 BLACK 4.6L V-8 DI, DOHC, VVT, 386HP - JTHBL5EF6G5139099 | $7,000

Price

Auction service

Sale Date

Lot

Description

Similar Cars

Other LEXUS LS listings

Other cars with rear damage

Popular models Lexus

Market Price Comparison - 2016 LEXUS LS

How this 2016 LEXUS LS compares

Frequently Asked Questions - 2016 LEXUS LS