Question 1

Was $16,700 a good price for this 2020 LEXUS LS?

Accepted Answer

46 comparable 2020 LEXUS LS listings sold at auction for a median of $15,600, spanning $6,950 to $21,500. At $16,700 this one went 7% 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 2020 LEXUS LS's pre-damage retail value at $58,079. It sold for $16,700 — 71% 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 2020 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 IN - INDIANAPOLIS. The nearest major vehicle export port is Baltimore, roughly 600 miles away. Moving a car that distance on an open carrier typically runs $500-$725, 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 2020 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 29,204 miles high for a 2020 LEXUS LS?

Accepted Answer

Comparable 2020 LEXUS LS listings at auction averaged 56,997 miles across 46 sales, so at 29,204 miles this one sits 49% 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.

2020 LEXUS LS 500 BASE BLACK 3.4L 6 - JTHD51GF3L5007629 | $16,700

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