Salvage 2001 Ford F150 for sale

Browse 141 salvage 2001 Ford F150 vehicles from IAA and Copart — live auctions and ended sales, with photos, VIN, damage and last bid.

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Buy Now only Clean title Runs & drives Has keys ≤ 100k mi Ending today Next 48 hours This week Light repair Pure sale (high bid wins)

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Copart USA

2001 FORD F150, SUPERCREW

1FTRW08L51KE21433 · 71605646

5.4L 8 · 8 cyl · 4X4 W/REAR WHEEL DRV · AUTOMATIC

Odometer: 0 mi
Seller: GEICO
Primary damage: FRONT END
Storage location: MARLBORO, NY
Title status: Salvage
Status: Runs & drives

Oct 12, 20260h 00mPre-loss value US$5,100Repair 110% of value

Copart USA

2001 FORD F150

2FTRX18W21CA54363 · 65215976

4.6L 8 · 8 cyl · 4X4 W/REAR WHEEL DRV · AUTOMATIC

Odometer: 0 mi
Seller: State Farm Insurance
Primary damage: BURN - ENGINE
Storage location: HARLEYVILLE, SC
Title status: Salvage

Current bid US$175Oct 12, 20260h 00mPre-loss value US$5,849

Copart USA

2001 FORD F150

1FTRX17L51NA27935 · 59409446

5.4L 8 · 8 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 0 mi
Primary damage: FRONT END
Storage location: SIKESTON, MO
Title status: None

Buy now US$1,050Oct 12, 20260h 00m

Copart USA

2001 FORD F150, SUPERCREW

1FTRW07L91KE28516 · 65375626

5.4L 8 · 8 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 0 mi
Seller: Farmers Insurance
Primary damage: FRONT END
Storage location: NORTH LAS VEGAS, NV
Title status: Salvage
Status: Runs & drives

Buy now US$549Oct 12, 20260h 00mPre-loss value US$6,423

Copart USA

2001 FORD F150, SUPERCREW

1FTRW07W81KA75888 · 63017256

4.6L 8 · 8 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 0 mi
Primary damage: UNDERCARRIAGE
Storage location: WOODBURN, OR
Title status: Salvage

Buy now US$650Oct 12, 20260h 00mPre-loss value US$3,285Repair 114% of value

Copart USA

2001 FORD F150

2FTRX18L01CA54464 · 72221966

5.4L 8 · 8 cyl · 4X4 W/REAR WHEEL DRV · AUTOMATIC

Odometer: 0 mi
Primary damage: HAIL
Storage location: BLAINE, MN
Title status: None
Status: Runs & drives

Buy now US$846Oct 13, 20260h 00mPre-loss value US$1,500

Copart USA

2001 FORD F150, SUPERCREW

1FTRW08L31KE19552 · 72501516

5.4L 8 · 8 cyl · 4X4 W/REAR WHEEL DRV · AUTOMATIC

Odometer: 253403 mi
Primary damage: MINOR DENT/SCRATCHES
Storage location: HAM LAKE, MN
Title status: None
Status: Runs & drives

Oct 13, 20260h 00m

Copart USA

2001 FORD F150

1FTZX17201NB95098 · 72411746

4.2L 6 · 6 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 149798 mi
Primary damage: MINOR DENT/SCRATCHES
Storage location: BRIDGETON, MO
Title status: None
Status: Runs & drives

Current bid US$200Oct 13, 20260h 00mPre-loss value US$1,900

Copart USA

2001 FORD F150

1FTZX17231NC04361 · 72519466

4.2L 6 · 6 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 0 mi
Primary damage: SIDE
Storage location: SAN MARTIN, CA
Title status: Salvage

Buy now US$1,275Oct 13, 20260h 00m

Copart USA

2001 FORD F150

1FTZX17241NB50004 · 69543856

4.2L 6 · 6 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 0 mi
Primary damage: FRONT END
Storage location: LANCASTER, CA
Title status: Salvage

Oct 13, 20260h 00mPre-loss value US$4,962Repair 110% of value

Copart USA

2001 FORD F150, SUPERCREW

1FTRW07L71KC28069 · 71651276

5.4L 8 · 8 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 0 mi
Primary damage: BURN - INTERIOR
Storage location: SACRAMENTO, CA
Title status: PartsOnly

Oct 13, 20260h 00mPre-loss value US$4,657Repair 220% of value

Copart USA

2001 FORD F150

1FTRX17W11NB17576 · 71138886

4.6L 8 · 8 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 240004 mi
Primary damage: MINOR DENT/SCRATCHES
Storage location: PHOENIX, AZ
Title status: None
Status: Runs & drives

Oct 13, 20260h 00m

Copart USA

2001 FORD F150

1FTRX17W71NB31496 · 68887716

4.6L 8 · 8 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 175887 mi
Seller: Farmers Insurance
Primary damage: FRONT END
Storage location: PHOENIX, AZ
Title status: Salvage
Status: Runs & drives

Buy now US$999Oct 13, 20260h 00mPre-loss value US$7,194Repair 121% of value

Copart USA

2001 FORD F150

2FTRX07L21CA23874 · 71675056

5.4L 8 · 8 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 0 mi
Primary damage: FRONT END
Storage location: GRAND PRAIRIE, TX
Title status: Salvage
Status: Engine starts

Oct 15, 20260h 00mPre-loss value US$6,732

Upcoming

Copart USA

2001 FORD F150

1FTZF17231KF64847 · 71182296

4.2L 6 · 6 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 183916 mi
Primary damage: FRONT END
Storage location: NAMPA, ID
Title status: Salvage
Status: Engine starts

Auction not assignedPre-loss value US$4,901

Upcoming

Copart USA

2001 FORD F150

1FTRX18W41NB99401 · 68954406

4.6L 8 · 8 cyl · 4X4 W/REAR WHEEL DRV · AUTOMATIC

Odometer: 0 mi
Primary damage: SIDE
Storage location: DUNN, NC
Title status: Salvage
Status: Engine starts

Auction not assignedPre-loss value US$2,479

Upcoming

Copart USA

2001 FORD F150

1FTRX18L11NA45105 · 70674686

5.4L 8 · 8 cyl · 4X4 W/REAR WHEEL DRV · AUTOMATIC

Odometer: 0 mi
Seller: State Farm Insurance
Primary damage: FRONT END
Storage location: SEAFORD, DE
Title status: Salvage

Auction not assignedPre-loss value US$2,680

Upcoming

Copart USA

2001 FORD F150, SUPERCREW

1FTRW08L41KC47158 · 61330326

5.4L 8 · 8 cyl · 4X4 W/REAR WHEEL DRV · AUTOMATIC

Odometer: 0 mi
Seller: State Farm Insurance
Primary damage: REAR END
Storage location: AUSTELL, GA
Title status: Salvage
Status: Runs & drives

Auction not assignedPre-loss value US$4,327Repair 138% of value

Upcoming

Copart USA

2001 FORD F150

1FTRX17L61KF03773 · 71158276

5.4L 8 · 8 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 161215 mi
Seller: State Farm Insurance
Primary damage: SIDE
Storage location: TIFTON, GA
Title status: Salvage
Status: Runs & drives

Auction not assignedPre-loss value US$5,790

Upcoming

Copart USA

2001 FORD F150

2FTZX07291CA87868 · 71591486

4.2L 6 · 6 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 299053 mi
Primary damage: SIDE
Storage location: FAIRBURN, GA
Title status: Salvage
Status: Runs & drives

Auction not assignedPre-loss value US$3,837Repair 48% of value

Upcoming

Copart USA

2001 FORD F150, SUPERCREW

1FTRW07L41KE01174 · 50577826

5.4L 8 · 8 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 248105 mi
Seller: Farmers Insurance
Primary damage: SIDE
Storage location: OKLAHOMA CITY, OK
Title status: Salvage
Status: Runs & drives

Auction not assignedPre-loss value US$3,366Repair 155% of value

Upcoming

Copart USA

2001 FORD F150, SUPERCREW

1FTRW08L11KE05651 · 70426406

5.4L 8 · 8 cyl · 4X4 W/REAR WHEEL DRV · AUTOMATIC

Odometer: 250836 mi
Seller: State Farm Insurance
Primary damage: REAR END
Storage location: HILLSBOROUGH, NJ
Title status: Salvage
Status: Runs & drives

Auction not assignedPre-loss value US$10,014

Upcoming

Copart USA

2001 FORD F150

1FTRX18L91NB75441 · 66833196

5.4L 8 · 8 cyl · 4X4 W/REAR WHEEL DRV · AUTOMATIC

Odometer: 138722 mi
Primary damage: FRONT END
Storage location: TULSA, OK
Title status: Salvage
Status: Runs & drives

Current bid US$175Auction not assignedPre-loss value US$5,010

Upcoming

Copart USA

2001 FORD F150, SUPERCREW

1FTRW08L01KD90544 · 68003606

AUTOMATIC

Odometer: 188163 mi
Primary damage: REAR END
Storage location: BYRON, GA
Title status: Salvage
Status: Runs & drives

Auction not assignedPre-loss value US$4,942

Copart USA

2001 FORD F150, SUPERCREW

1FTRW07L21KB30910 · 69304826

5.4L 8 · 8 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 0 mi
Primary damage: MINOR DENT/SCRATCHES
Storage location: JACKSONVILLE, FL
Title status: None
Status: Runs & drives

Buy now US$1,000Oct 13, 20260h 00m

Upcoming

Copart USA

2001 FORD F150, SUPERCREW

1FTRW08L31KB68645 · 68148076

5.4L 8 · 8 cyl · 4X4 W/REAR WHEEL DRV · AUTOMATIC

Odometer: 0 mi
Seller: State Farm Insurance
Primary damage: FRONT END
Storage location: ELLENWOOD, GA
Title status: Salvage

Auction not assignedPre-loss value US$2,838Repair 103% of value

Upcoming

Copart USA

2001 FORD F150

2FTRX08L11CA64043 · 65443456

5.4L 8 · 8 cyl · 4X4 W/REAR WHEEL DRV · AUTOMATIC

Odometer: 242685 mi
Primary damage: FRONT END
Storage location: EUGENE, OR
Title status: Salvage
Status: Runs & drives

Auction not assignedPre-loss value US$5,111Repair 193% of value

Upcoming

Copart USA

2001 FORD F150, SUPERCREW

1FTRW08L31KC53128 · 66479196

5.4L 8 · 8 cyl · 4X4 W/REAR WHEEL DRV · AUTOMATIC

Odometer: 196789 mi
Primary damage: FRONT END
Storage location: BAKERSFIELD, CA
Title status: Salvage
Status: Runs & drives

Auction not assignedPre-loss value US$6,538

Upcoming

Copart USA

2001 FORD F150, SUPERCREW

1FTRW07W81KE41686 · 63546296

4.6L 8 · 8 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 178788 mi
Seller: State Farm Insurance
Primary damage: FRONT END
Storage location: TANNER, AL
Title status: Salvage
Status: Runs & drives

Auction not assignedPre-loss value US$7,012

Upcoming

Copart USA

2001 FORD F150

1FTRX17L51NB81528 · 68605016

5.4L 8 · 8 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 267591 mi
Primary damage: SIDE
Storage location: DES MOINES, IA
Title status: Salvage
Status: Runs & drives

Auction not assignedPre-loss value US$3,396Repair 155% of value

Upcoming

Copart USA

2001 FORD F150, SUPERCREW

1FTRW07W71KE42067 · 68837906

4.6L 8 · 8 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 0 mi
Seller: State Farm Insurance
Primary damage: FRONT END
Storage location: SPARTANBURG, SC
Title status: Salvage
Status: Runs & drives

Auction not assignedPre-loss value US$3,810

Upcoming

Copart USA

2001 FORD F150, SUPERCREW

1FTRW08L61KF51513 · 67242136

5.4L 8 · 8 cyl · 4X4 W/REAR WHEEL DRV · AUTOMATIC

Odometer: 0 mi
Primary damage: FRONT END
Storage location: BISMARCK, ND
Title status: Salvage

Auction not assignedPre-loss value US$5,317Repair 239% of value

Upcoming

Copart USA

2001 FORD F150, SUPERCREW

1FTRW08LX1KE11979 · 67903776

5.4L 8 · 8 cyl · 4X4 W/REAR WHEEL DRV · AUTOMATIC

Odometer: 0 mi
Primary damage: FRONT END
Storage location: KAPOLEI, HI
Title status: Salvage

Auction not assignedPre-loss value US$4,471Repair 133% of value

Upcoming

Copart USA

2001 FORD F150

1FTRX18L21KF20911 · 68500716

5.4L 8 · 8 cyl · 4X4 W/REAR WHEEL DRV · AUTOMATIC

Odometer: 0 mi
Primary damage: FRONT END
Storage location: LAWRENCEBURG, KY
Title status: None
Status: Runs & drives

Auction not assignedPre-loss value US$6,990

Ended

Copart USA

2001 FORD F150

1FTZX17271NA47076 · 69876476

4.2L 6 · 6 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 0 mi
Primary damage: REAR END
Storage location: CHAMBERSBURG, PA
Title status: Salvage
Status: Runs & drives

Last bid US$600Oct 9, 2026

Ended

IAA Canada

2001 FORD F150

2FTRX17W31C****** · 12695620

4.6L V-8 regular , 240HP · Auto

Odometer: 339300 km
Primary damage: Front
Storage location: Rockyview, AB
Title status: Repairable
Status: Doesn't start

EndedOct 7, 2026

Ended

Copart USA

2001 FORD F150

3FTRF17W21MA65999 · 66093006

4.6L 8 · 8 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 317477 mi
Seller: GEICO
Primary damage: FRONT END
Storage location: AUSTELL, GA
Title status: Salvage
Status: Runs & drives

Last bid US$350Oct 2, 2026Pre-loss value US$3,836

Ended

Copart USA

2001 FORD F150, SUPERCREW

1FTRW08L71KF52539 · 71107586

5.4L 8 · 8 cyl · 4X4 W/REAR WHEEL DRV · AUTOMATIC

Odometer: 0 mi
Primary damage: REAR END
Storage location: GASTON, SC
Title status: None

Last bid US$325Oct 2, 2026

Ended

Copart USA

2001 FORD F150

1FTRW08L21KE75157 · 65471886

5.4L 8 · 8 cyl · 4X4 W/REAR WHEEL DRV · AUTOMATIC

Odometer: 0 mi
Primary damage: SIDE
Storage location: MARLBORO, NY
Title status: Salvage

Last bid US$325Oct 1, 2026Pre-loss value US$4,947Repair 265% of value

Ended

Copart USA

2001 FORD F150, SUPERCREW

1FTRW07L41KE22364 · 66488526

5.4L 8 · 8 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 0 mi
Seller: State Farm Insurance
Primary damage: SIDE
Storage location: SAVANNAH, GA
Title status: Salvage

Last bid US$225Oct 1, 2026Pre-loss value US$3,500Repair 136% of value

Ended

Copart USA

2001 FORD F150

1FTRX17W71KF90786 · 66354036

4.6L 8 · 8 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 377641 mi
Primary damage: REAR END
Storage location: LEXINGTON, KY
Title status: Salvage
Status: Runs & drives

EndedPre-loss value US$3,182Repair 192% of value

Ended

Copart USA

2001 FORD F150

1FTZX17291NB07200 · 68775796

4.2L 6 · 6 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 0 mi
Seller: State Farm Insurance
Primary damage: BURN
Storage location: MEMPHIS, TN
Title status: PartsOnly

Last bid US$35Pre-loss value US$5,011

Ended

Copart USA

2001 FORD F150, SUPERCREW

1FTRW08L91KB35424 · 70511316

5.4L 8 · 8 cyl · 4X4 W/REAR WHEEL DRV · AUTOMATIC

Odometer: 0 mi
Seller: Bristol West Insurance
Primary damage: REAR END
Storage location: MILWAUKEE, WI
Title status: None

Last bid US$375Oct 7, 2026Pre-loss value US$5,321

Ended

Copart USA

2001 FORD F150

1FTZF17261NC03837 · 64452486

4.2L 6 · 6 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 0 mi
Primary damage: FRONT END
Storage location: WILMER, TX
Title status: Salvage

Last bid US$225Oct 1, 2026Pre-loss value US$2,156

Ended

Copart USA

2001 FORD F150, SUPERCREW

1FTRW08L81KB54532 · 66071126

5.4L 8 · 8 cyl · 4X4 W/REAR WHEEL DRV · AUTOMATIC

Odometer: 0 mi
Primary damage: ALL OVER
Storage location: MEBANE, NC
Title status: PartsOnly

EndedSep 30, 2026Pre-loss value US$5,984Repair 215% of value

Ended

Copart USA

2001 FORD F150, SUPERCREW

1FTRW08L21KA85479 · 75445295

5.4L 8 · 8 cyl · 4x4 w/Rear Wheel Drv · AUTOMATIC

Odometer: 0 mi
Primary damage: FRONT END
Storage location: ANTELOPE, CA
Title status: PartsOnly

Last bid US$100Sep 29, 2026Pre-loss value US$6,956

Ended

Copart USA

2001 FORD F150

1FTZX17211KA06590 · 69026296

4.2L 6 · 6 cyl · REAR WHEEL DRIVE · MANUAL

Odometer: 0 mi
Seller: State Farm Insurance
Primary damage: SIDE
Storage location: HOUSTON, TX
Title status: Salvage
Status: Runs & drives

Last bid US$700Oct 6, 2026Pre-loss value US$3,502Repair 172% of value

Ended

Copart USA

2001 FORD F150, SUPERCREW

1FTRW08L11KF51564 · 68629116

5.4L 8 · 8 cyl · 4X4 W/REAR WHEEL DRV · AUTOMATIC

Odometer: 0 mi
Primary damage: MINOR DENT/SCRATCHES
Storage location: MADISONVILLE, TN
Title status: None

EndedOct 6, 2026

Ended

Copart USA

2001 FORD F150

1FTRF17W21NA22589 · 70022916

4.6L 8 · 8 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 184050 mi
Primary damage: REAR END
Storage location: DENVER, CO
Title status: Salvage
Status: Runs & drives

EndedSep 24, 2026

Ended

Copart USA

2001 FORD F150

1FTRX18LX1NA70097 · 66942606

5.4L 8 · 8 cyl · 4X4 W/REAR WHEEL DRV · AUTOMATIC

Odometer: 0 mi
Seller: Bristol West Insurance
Primary damage: FRONT END
Storage location: PHOENIX, AZ
Title status: Salvage
Status: Runs & drives

Last bid US$150Sep 24, 2026Pre-loss value US$2,349

Ended

Copart USA

2001 FORD F150, SUPERCREW

1FTRW08L11KB14633 · 69775816

5.4L 8 · 8 cyl · 4X4 W/REAR WHEEL DRV · AUTOMATIC

Odometer: 217548 mi
Primary damage: REAR END
Storage location: NAMPA, ID
Title status: Salvage
Status: Runs & drives

Last bid US$90Oct 1, 2026Pre-loss value US$4,643Repair 281% of value

Ended

Copart USA

2001 FORD F150

1FTZX17221NB51507 · 68073506

4.2L 6 · 6 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 359643 mi
Primary damage: FRONT END
Storage location: VALLEJO, CA
Title status: Salvage
Status: Runs & drives

Last bid US$125Sep 25, 2026Pre-loss value US$3,993

Ended

Copart USA

2001 FORD F150, SUPERCREW

1FTRW08L91KC31862 · 81858805

5.4L 8 · 8 cyl · 4x4 w/Rear Wheel Drv · AUTOMATIC

Odometer: 0 mi
Primary damage: WATER/FLOOD
Storage location: MEBANE, NC
Title status: Salvage

Last bid US$175Oct 7, 2026Pre-loss value US$4,626

Ended

Copart USA

2001 FORD F150

1FTZF17221NA74737 · 47821264

4.2L 6 · 6 cyl · Rear-wheel drive · MANUAL

Odometer: 0 mi
Primary damage: ROLLOVER
Storage location: WEST PALM BEACH, FL
Title status: Rebuilt
Status: Runs & drives

Last bid US$425Sep 17, 2026Pre-loss value US$3,753Repair 301% of value

Ended

Copart USA

2001 FORD F150

1FTRX18W31NA88984 · 69653816

4.6L 8 · 8 cyl · 4X4 W/REAR WHEEL DRV · AUTOMATIC

Odometer: 0 mi
Primary damage: REAR END
Storage location: NAMPA, ID
Title status: None
Status: Engine starts

Last bid US$125Sep 24, 2026

Ended

Copart USA

2001 FORD F150

1FTRX17W31KF03207 · 68799006

4.6L 8 · 8 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 133146 mi
Primary damage: FRONT END
Storage location: PEKIN, IL
Title status: Salvage
Status: Runs & drives

Last bid US$725Oct 5, 2026Pre-loss value US$6,587Repair 44% of value

Ended

Copart USA

2001 FORD F150

2FTRX17L51CA11160 · 68935396

5.4L 8 · 8 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 0 mi
Seller: State Farm Insurance
Primary damage: FRONT END
Storage location: RIVERVIEW, FL
Title status: Rebuilt
Status: Runs & drives

Last bid US$375Sep 25, 2026Pre-loss value US$4,164

Ended

Copart USA

2001 FORD F150, SUPERCREW

1FTRW07L21KA31097 · 68317726

5.4L 8 · 8 cyl · REAR WHEEL DRIVE · AUTOMATIC

Odometer: 0 mi
Primary damage: FRONT END
Storage location: WICHITA, KS
Title status: Salvage

Last bid US$600Oct 7, 2026Pre-loss value US$7,174

Ended

Copart USA

2001 FORD F150

1FTZF17231NB27302 · 55100556

4.2L 6 · 6 cyl · 4X2 · AUTOMATIC

Odometer: 251542 mi
Primary damage: FRONT END
Storage location: LAS VEGAS, NV
Title status: PartsOnly
Status: Runs & drives

Last bid US$125Sep 15, 2026

Ended

Copart USA

2001 FORD F150, SUPERCREW

1FTRW08W31KD71951 · 66058106

4.6L 8 · 8 cyl · 4X4 W/REAR WHEEL DRV · AUTOMATIC

Odometer: 239322 mi
Primary damage: FRONT END
Storage location: NAMPA, ID
Title status: Salvage
Status: Runs & drives

Last bid US$250Sep 24, 2026Pre-loss value US$4,644

2001 Ford F150 price data

Median bid: $650
Average bid: $747
Bid range: $88 – $1,632
Avg. retail: $4,797
Typical repair vs value: 102%

Based on 141 archived lots — USD-normalized, last observed bid (not a guaranteed sale price).

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How much does a salvage 2001 Ford F150 sell for?

Across 141 salvage 2001 Ford F150 lots, the median winning-side bid is $650 and the average is $747 (range $88 to $1,632). Pre-loss retail value averages $4,797. Prices are USD-normalized from IAA and Copart; a sold lot’s figure is the last observed bid, not a guaranteed sale price.