January 16, 2023
Salvage vehicle sales totaled 66,272 units, representing an increase of 52.9% (22,935 cars) from the previous week.
However, the volume of cars sold decreased by 5.1%. There were 7,295 fewer cars sold at live auctions this week. The average approval rate increased by 60.9%.
Cars went through LIVE auctions:Copart: 74,639 (⬇4.69%)IAAI: 60,134 (⬇5.83%)Total: 134,773 (⬇5.13%)
Sold cars:Copart: 39,648 (⬆39.39%)IAAI: 26,624 (⬆78.74%)Total: 66,272 (⬆52.92%)
Sale approvalCopart: 53.1% (⬆16.8%)IAAI: 44.27% (⬆20.9%)Avg: 49.1% (⬆18.6%)
What users at autoastat.com have been searching for over the past week is the AutoAstat Popularity Rating (AAPR).
According to the AAPR, the BMW 3-series has been researched 320 times this week, followed by the Audi Q5 (265 searches) and Toyota Camry (238). This suggests that our users are interested in these makes and models and are looking to buy them at auctions. The Audi Q7 is a newcomer on this list this week.
If you have a PRO account with us, you can filter for the buyer's country and see which cars were sold to that specific country. This is very helpful in understanding trends and the market.
My personal pick of the week!
I've found cars from dealers that had the most auctions or did impressive repairs. Remember to check every vehicle of your interest at Copart and IAAI on autoAstat.
Cars that have the most bids are the ones that are most popular among buyers and have the most competition for purchase. It's important to note that just because a car has many bids, it doesn't necessarily mean it's the best deal or in the best condition. It's always important to thoroughly inspect the vehicle and do research on its history before making a bid.
Salvage Auto Auctions are the place to find amazing deals!My favorite category is...Let's see what $25 can get you at auctions these days... :)
This week, I am taking a look at one of the most popular off-road SUVs: the 2012-17 Jeep Wrangler.
You can see that the average price for the car was the cheapest in December 2022. Now is the best time to buy a Jeep Wrangler.
Did you know? You can analyze any car you are looking for on autoAstat.com! Simply do your search, specify filters, and click on the Statistics tab. This feature is only available with a paid account.
Top locations gives you a visual perspective on which states sell the specified car the cheapest. As we can see from the analysis, this car is not popular in West Virginia. You may want to look for your next Jeep Wrangler in that area!
That's all for now.
If you like this report please share it :) and if you would like to see something else, please 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. It will save you 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.