autoAstat weekly statistics

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

Vol.15

February 20, 2023

February 06 - 12, 2023

1. Auctions sales statistics

Salvage vehicle sales totaled 101,182 units, representing an increase of 0.45% (459 cars) from the previous week. 
Cars volume increased by 2.46% as well. There were 4,302 more cars offered at live auctions this week. 
The average approval rate decreased by 1.1%.

Cars Volume vs Cars Sold

Cars went through LIVE auctions:Copart: 110,211 (⬆5.19%)IAAI: 68,337 (⬇1.63%)Total: 178,548 (⬆2.46%)
Sold cars:Copart: 68,885 (⬆3.40%)IAAI: 32,297 (⬇5.29%)Total: 101,182 (⬆0.45%) 
Sale approvalCopart: 62.5% (⬇1.1%)IAAI: 47.2% (⬇1.9%)Avg: 56.7 (⬇1.1%)

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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 Audi Q5 has been researched 343 times this week, followed by the BMW 3-series (323 searches) and BMW X5 (322). This suggests that our users are interested in these makes and models and are looking to buy them at auctions.

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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 14,551 cars. They are considered the best insurance company to buy from. Progressive Insurance followed with 10,027 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!

2012 MERCEDES-BENZ SLS AMG Roadster

Final bid: $87,000

True dream car. Mercedes-Benz SLS AMG represents the ultimate meaning of two terms: rarity and luxury. The ultra-rare SLS AMG Roadster justifies every reason of having this car in your collection.
This super sports car thrills with a perfect combination of open-top driving pleasure, outstanding driving dynamics and sophisticated lightweight construction.Exellent purchase!

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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 CHEVROLET CORVETTE

Auctions: 5

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

2013 MERCEDES-BENZ GL450 4MATIC

Auctions: 90

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.

2023 VOLVO VNL

Bids: 317

317 bids and no sale!

FINAL BID: $60,500 Not sold

2020 BENTLEY CONTINENTAL GT

Bids: 292

FINAL BID: $90,000 Not sold

5. Most Expensive Lots SOLD

2007 YELLOWFIN BOAT

Retail value: Unknown

Final bid: $151,025


2021 BENTLEY FLYING SPUR

Retail value: $318,000

Final bid: $143,000


2022 FERRARI ROMA

Retail value: $312,646

Final bid: $131,000


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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2014 MAZDA 3

SOLD: $25

No way!

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2008 FORD ESCAPE

SOLD: $25

No, no! This is imposible!

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2007 DODGE CALIBER

SOLD: $25

$25 for 2007 DODGE CALIBER?! What!?

7. Price analysis

This week, I am taking a look at one of the most popular trucks: the 2018-22 RAM 1500 (DT)

2018-22 Ram 1500

You can see that the average price for the car was the cheapest in December 2022. So now is still the best time to buy a Ram 1500.
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 Mississippi. You may want to look for your next Ram 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.