autoAstat weekly statistics

Weekly statistics, trends, prices, insights, auction scam and the most interesting vehicles from the salvage car market

Vol.10

January 16, 2023

January 2-8, 2023

1. Auctions sales statistics

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 Volume vs Cars Sold

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%)

Illustration
Illustration

Search trends at autoAstat.com

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.

Illustration

Top sellers of the week

Illustration

State Farm Insurance was the leader in sales this week. They sold 9,195 cars. They are considered the best insurance company to buy from. Progressive Insurance followed with 8,898 cars sold. Geico sells cars at the highest bid, so it's worth considering them as a seller next time you're bidding.

Salvage cars sales volume

Illustration

Top country buyers

Illustration

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.

2. Car of the week

My personal pick of the week!

2022 LUCID AIR

Final bid: $46,250

Solid first effort from a brand-new automaker. It's insanely quick, spacious, and turns heads like a supercar. However, it has flood damage. Sold to Ukraine!

Illustration

3. Scam 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.

2019 FORD F-350 SD

Auctions: 4

Selling this vehicle will be difficult. The previous condition is just horrific! I would stay away from it!

2013 LAND ROVER RANGE ROVER SPORT

Auctions: 74

It's always important to check autoAstat before buying cars at salvage auto auctions.

Illustration

4. Cars with the most bids

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.

2017 LAND ROVER RANGE ROVER

Bids: 335

335 bids and no sale!

FINAL BID: $46,250 Not sold

2022 PORSCHE PANAMERA

Bids: 312

FINAL BID: $60,500 Not sold

5. Most Expensive Lots SOLD

2015 MCLAREN MP4-12C

Retail value: $2,295,103

Final bid: $575,000


2018 ROLLS-ROYCE PHANTOM

Retail value: $530,198

Final bid: $226,000


2017 TIFFIN MOTORHOMES ALLEGRO BUS

Retail value: $186,131

FINAL BID: $157,000


6. $25 lots

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... :)

Illustration

2010 DODGE JOURNEY

SOLD: $25

No way!

Illustration

2000 LEXUS RX 300

SOLD: $25

No, no! This is imposible!

Illustration

2007 BMW X5

SOLD: $25

$25 for 2007 BMW X5?! What!?

7. Price analysis

This week, I am taking a look at one of the most popular off-road SUVs: the 2012-17 Jeep Wrangler.

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.

Illustration

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!

Illustration

Want to get a detailed price analysis for any vehicle? Try autoAstat now by clicking the button below.

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.