2023 Lexus GX460 Auction Scam Of The Week

Alrighty, this week's auction scam of the week. We got a 2023 Lexus GXO 60, as you can see, it's been at 21 auctions. Let's check it out. It's sold for a whopping $34,000. Well, it didn't sell as you can see right there. So 22 auctions. That's crazy. It looks like it only has 5,000 miles on it. Actual miles too. So that's good. So, okay. It looks like it was first sold at Copart by the insurance company and it's sold for a whopping $24,800. And it looks like a dealer resold the car. They didn't even touch the car. They bought the car from Copart and literally tried to run it back through the auction and it sold for $29,000. They made profit. Why didn't they take a profit? I don't know. Right after that, it looks like it sold a couple of more times. The dealer ran it through and it sold for $34,750. They didn't accept it. Then they finally accepted a bid for $34,000. Let's see what this thing is looking like. So this is how the insurance company sold the car. As you can see, it's a lot of parts missing. They cut the doors, the windows, dome, bumper, fender, hood is smashed, but it does look like most of the parts are in the vehicle, so it honestly looked like they had no choice but to put the car together. So as you can see, they put the car together and it sold for $34,000. So they did get some money. You can see for a brand new car, they didn't do an excellent job because the fender wheel is even missing right there. For more tips and tricks and to get auction access so you can buy and sell cars, tap into my website, WHDAcademy.com.