Current bid: $45,300.00
Our Four-Step process guides you from winning the auction to receiving your vehicle.
Step 1: Win the Auction
Place bids to compete for the vehicle. The highest bidder at the end of the auction wins the right to purchase. The final winning bid is the all-inclusive price you pay—no separate buyer’s premiums or hidden fees.
Step 2: Receive Invoice & Submit Payment
Immediately after the auction concludes, the winning bidder will receive an official invoice from the lien holder partner for the winning bid amount. You will then submit your secure payment according to the invoice instructions.
Step 3: Title Clearance & Delivery Coordination
Once your payment is confirmed, the lien holder legally clears the vehicle’s title of all liens. At the same time, we take full responsibility for arranging and managing the insured delivery of the vehicle from the partner’s secure warehouse to you.
Step 4: Receive Your Vehicle & Clear Title
The vehicle is delivered directly to your specified address. You will receive the vehicle along with its free and clear title, finalizing your purchase and ownership.
Understanding the vehicle’s origin and our role as your auction partner.
Vehicle Origin:
This vehicle is a Lien Holder–Repossessed Asset. It is currently held by a lien holder partner and is being auctioned to satisfy an outstanding obligation. We source our vehicles exclusively from these lien holder partners, not from public sales.
Our Role in the Auction:
We are an Authorized Auction Broker. We do not own this vehicle. We professionally manage this auction process on behalf of the lien holder partner to ensure a fair, transparent, and direct transaction between the lien holder and the winning bidder.
Winning Bid is the Final Price:
Our commission is paid by the lien holder partner and is structured into the auction. This means the winning bid amount is the final amount you pay. There are no additional “buyer’s premium” fees added on top of your bid.
Guaranteed Clear Title:
This vehicle is sold with a Guaranteed Clear Title. As a mandatory condition of the sale, the lien holder partner is legally required to clear the title of all prior liens before it is transferred to you.
Current Location & Status:
This vehicle is held in a secure, enclosed lien holder warehouse and is not in public use. It remains in storage until the auction winner completes payment, at which point it is shipped directly to their location.
This is a 2024 Lexus GX 550 Premium finished in Caviar with a black interior. It is offered as a repossessed asset and has undergone a post-repossession inspection.
The included VIN is JTJTBCDX6R5023649. The odometer displays approximately 11,172 miles. Notable factory equipment identified in the inspection includes running boards, heated and ventilated front seats, heated second-row captain’s chairs, power-folding third-row seats, a heated steering wheel, and dynamic radar cruise control.
The third-generation J250-series GX 550 represents Lexus’ body-on-frame luxury SUV offering, sharing platform architecture with the Toyota Land Cruiser Prado. Power is delivered by a twin-turbocharged 3.4-liter V6 engine rated at 349 horsepower and 479 lb-ft of torque, paired with a 10-speed automatic transmission and full-time four-wheel drive.
The 2024 Lexus GX 550 Premium represents the entry-level configuration of the all-new third-generation GX lineup, introduced for the 2024 model year. This example features a body-on-frame construction with independent front suspension and a solid rear axle, designed to balance on-road refinement with off-road capability. The exterior presents Lexus’ contemporary design language with LED lighting elements, a bold spindle grille, and integrated running boards. Factory 20-inch alloy wheels are fitted at all four corners.
The interior configuration includes three rows of seating with second-row captain’s chairs, providing seating for up to seven occupants. The front seats feature both heating and ventilation functions, while the second-row captain’s chairs include heating elements. The third row incorporates a power-folding mechanism for cargo flexibility. Interior appointments include a heated steering wheel, leather-trimmed surfaces, and Lexus’ infotainment system with touchscreen functionality. A dashcam has been installed and was noted during the post-repossession inspection.
The powertrain consists of a twin-turbocharged 3.4-liter V6 engine producing 349 horsepower and 479 lb-ft of torque. This engine is mated to a 10-speed automatic transmission with full-time four-wheel drive. The drivetrain architecture includes a two-speed transfer case and electronic locking rear differential, components designed to enhance traction in varied terrain conditions. Dynamic radar cruise control is included as part of the Lexus Safety System suite.
The post-repossession inspection noted the vehicle’s low mileage and overall condition consistent with limited use. The exterior finish, interior surfaces, and mechanical components were observed to reflect the minimal accumulated mileage. No modifications beyond the dashcam installation were identified during the inspection process.
We find the all-new GX 550 to be one of the most compelling entries in Lexus’ current lineup. The combination of body-on-frame construction, a powerful twin-turbocharged V6, and genuine off-road hardware makes this configuration particularly interesting for those seeking both luxury and capability. The Premium trim level includes a well-rounded suite of comfort and convenience features, including the desirable second-row captain’s chairs and comprehensive climate control functions. With only 11,172 miles showing, this example presents an opportunity to acquire a current-generation GX 550 that has seen minimal use. It is offered here as a repossessed vehicle following completion of the post-repossession inspection.
| Body Style |
SUV/Crossover |
|---|---|
| Dashcam |
Yes |
| Drivetrain |
4WD/AWD |
| Dynamic Radar Cruise Control |
Yes |
| Engine Power |
349 horsepower |
| Engine Torque |
479 lb-ft |
| Exterior Color |
Caviar |
| Heated Front Seats |
Yes |
| Heated Second-Row Captain'S Chairs |
Yes |
| Heated Steering Wheel |
Yes |
| Interior Color |
Black |
| Keys Included |
2 keys, |
| Owner'S Manual |
Yes |
| Platform |
J250-series |
| Power-Folding Third-Row Seats |
Yes |
| Rubber Floor Mats |
Yes |
| Running Boards |
Yes |
| Transmission |
Automatic (10-Speed) |
| Trim Level |
550 Premium |
| Ventilated Front Seats |
Yes |
| Wheels |
20-inch |
Finally scored the perfect SUV at the auction today! The showroom had some serious options, but this one stood out from the rest. Smooth bidding, zero stress, and now I’m cruising in style. Couldn’t be happier!
#SUVLife #AuctionWin #NewRide #CarGoals #LuxurySUV #WinningBid #ShowroomFinds 🚙✨
Bought at auction, earned through hard work, and ready for the next chapter.
#workhard
#auctionbuy
#rurallife
#farmwork
Behind me, a tractor bought at auction. In front of me, hard work and real results
#tractorlife #farmmachinery #agriculture #farminglife
Came in with zero expectations and somehow walked out with this beauty. The whole auction was a rush—heart racing, second-guessing myself, then that final bid hits and it’s over. Standing there after, just staring at the SUV like… yeah, this just happened.
#AuctionDay #NewRideEnergy #CarWin #StillInShock #WorthIt🚗🔥
Absolutely over the moon! Just won this gorgeous yacht at the auction and I can’t stop imagining all the weekend getaways ahead. The bidding was intense, but worth every second. Next stop: open water adventures!
#YachtLife #BoatWin #AuctionSuccess #OnTheWater #DreamBoat #LuxuryEscape 🚤✨
If you’re looking to purchase a classic car, this is the place to go.
Father and son owners, all around great guys. They were so helpful. I appreciate it, and I love my car.
Thanks again guys,
Phil
