November 7, 2022
October 31–November 4, 2022
Salvage vehicles sales of 60,345 units for the first week of November represented a decrease of 5.3% (3,402 cars) from last week. Cars volume though represented an increase of 23%.There were 42,490 more cars at LIVE auctions this week. Average approval dropped 12.1%
I assume buyers offer lower prices for cars and therefore there were less sales.
Cars went through LIVE auctions:Copart: 96,285 (⬆15.3%)IAAI: 88,787 (⬆31.3%)
Sold cars:Copart: 45,070 (⬇5.6%)IAAI: 15,275 (⬇4.5%)
Sale approval:Copart: 47% (⬇11%)IAAI: 17.2% (⬇8.8%)Avg: 32.6% (⬇12.1)
I've found lots from dealers that had most auctions or impressive repairs. Remember to check every vehicle of your interest at copart and IAAI at autoAstat.
The intense bidding competition. What are these hot cars everybody wants to buy?
Salvage Auto Auction is the place where you can find an amazing deals! My favorite category...Let's see what $10 could get you at auctions these days... :)
Looking for the best deal on a car? Do you want to see whether the price is going down or up for the chosen period? You can easily do it with autoAstat. Today I am analyzing 2017-22 Tesla Model 3
You can see that the average price for the car was the cheapest in March, 2022, then went up. Right now it is at the decline towards March prices again.You can analyze any car you are looking for, do your search, specify filters and click on Statistics. That's it.
Top locations gives you visual perspective which state sells the specified car the cheapest. As we see by the analysis of Tesla Model 3 this car is not popular in Alabama :)
That's all for now.
If you like this report and would like to see something else - email me directly at moc.tatsaotua%40ofni
And don’t forget to check the vehicle history before buying and use our statistics to determine the best price to buy - it will save your time and money! Buy smart with autoAstat!
Alex autoAstat team ❤️
P.S.: if you have a PRO account you can search All makes and models and do your own analysis per week, per month, per quarter or even a year. PRO has the tools to do proper analysis of the current salvage market.