autoAstat weekly statistics

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

Vol.12

January 30, 2023

January 16-22, 2023

1. Auctions sales statistics

Salvage vehicle sales totaled 102,015 units, representing an increase of 9.2% (8,597 cars) from the previous week. 
Cars volume increased by 5.83% as well. There were 9,534 more cars offered at live auctions this week. 
The average approval rate increased by 0.8%.

Cars Volume vs Cars Sold

Cars went through LIVE auctions:Copart: 103,895 (⬆6.22%)IAAI: 69,076 (⬆5.25%)Total: 172,971(⬆5.83%)
Sold cars:Copart: 67,687 (⬆7.38%)IAAI: 34,328 (⬆3.45%)Total: 102,015 (⬆9.20%)
Sale approvalCopart: 65.1 (⬆3.5%)IAAI: 50.3% (⬇0.3%)Avg: 59.0 (⬆0.8%)

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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 X5 has been researched 398 times this week, followed by the BMW 3-series (328 searches) and Audi Q5 (313). This suggests that our users are interested in these makes and models and are looking to buy them at auctions. The BMW X3 is a newcomer on this list this week.

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Top sellers of the week

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State Farm Insurance was the leader in sales this week. They sold 14,628 cars. They are considered the best insurance company to buy from. Progressive Insurance followed with 9,908 cars sold. Farmers insuranse sells cars at the highest bid, so it's worth considering them as a seller next time you're bidding.

Salvage cars sales volume

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Top country buyers

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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!

2006 CHEVROLET CORVETTE Z06

Final bid: $15,200

Budget Super Car!Dubbed the greatest Corvette, the Z06 is America’s Ferrari with a supercar-beating 0-60mph time of 3.7secs.Still king for a very low price!

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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.

2022 TOYOTA HIGHLANDER

Auctions: 13

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

2014 LAND ROVER RANGE ROVER SPORT

Auctions: 116

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

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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.

2019 LAND ROVER RANGE ROVER

Bids: 317

317 bids and no sale!

FINAL BID: $44,000 Not sold

2016 LAND ROVER RANGE ROVER

Bids: 301

FINAL BID: $29,000 Not sold

5. Most Expensive Lots SOLD

2020 FORD GT

Retail value: $1,328,506

Final bid: $506,000


2022 COBIA BOAT

Retail value: Unknown

Final bid: $162,525


2020 MERCEDES-BENZ G63 AMG

Retail value: $213,030

FINAL BID: $151,000


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... :)

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2004 HONDA CR-V

SOLD: $4

No way!

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2006 VOLVO XC90

SOLD: $15

No, no! This is imposible!

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2010 KIA FORTE

SOLD: $25

$25 for 2010 KIA FORTE?! What!?

7. Price analysis

This week, I am taking a look at one of the most popular sedan: the 2013-17 Toyota Corolla (E170)

 2013-17 Toyota Corolla

You can see that the average price for the car was the cheapest in December 2022. Now is the best time to buy a Toyota Corolla
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.

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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 Montana. You may want to look for your next Toyota Corolla in that area!

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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.