Question 1

Was $10,000 a good price for this 2016 LEXUS LS?

Accepted Answer

87 comparable 2016 LEXUS LS listings sold at auction for a median of $7,000, spanning $3,750 to $11,250. At $10,000 this one went 43% 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

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

Accepted Answer

The insurer put this 2016 LEXUS LS's pre-damage retail value at $20,305. It sold for $10,000 — 51% 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 3

What does a salvage title mean for this LEXUS LS?

Accepted Answer

This 2016 LEXUS LS 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 4

How far is this LEXUS LS 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 "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

Is 115,069 miles high for a 2016 LEXUS LS?

Accepted Answer

Comparable 2016 LEXUS LS listings at auction averaged 105,193 miles across 87 sales, so at 115,069 miles this one sits 9% above 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 LS 460 BLACK 4.6L 8 - JTHCL5EF2G5026335 | $10,000

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