Question 1

What do water/flood 2020 TOYOTA COROLLA models sell for?

Accepted Answer

Across 69 recorded sales of the 2020 TOYOTA COROLLA with water/flood damage, the median was $4,850, from $3,350 to $8,200. That is 3% above the $4,700 median for the model across every damage type, over the last 36 months. Estimates from past sales, not a valuation.

Question 2

Was $8,000 a good price for this 2020 TOYOTA COROLLA?

Accepted Answer

8287 comparable 2020 TOYOTA COROLLA listings sold at auction for a median of $4,700, spanning $3,350 to $7,000. At $8,000 this one went 70% 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 TOYOTA COROLLA sell for?

Accepted Answer

The insurer put this 2020 TOYOTA COROLLA's pre-damage retail value at $16,416. It sold for $8,000 — 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 4

Is 57,497 miles high for a 2020 TOYOTA COROLLA?

Accepted Answer

Comparable 2020 TOYOTA COROLLA listings at auction averaged 89,093 miles across 8287 sales, so at 57,497 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.

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 TOYOTA COROLLA. 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

What does a salvage title mean for this TOYOTA COROLLA?

Accepted Answer

This 2020 TOYOTA COROLLA 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.

2020 TOYOTA COROLLA LE WHITE 1.8L 4 - 5YFEPRAE0LP094715 | $8,000

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