autoAstat weekly statistics

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

Vol.18

March 14, 2023

February 27 - March 05, 2023

1. Auctions sales statistics

Salvage vehicle sales totaled 100,711 units, representing an decrease of 1.88% (1940 cars) from the previous week. 
Cars volume decreased by 0.93%. There were 1715 less cars offered at live auctions this week. 
The average approval rate decreased by 0.5%.

Cars Volume vs Cars Sold

Cars went through LIVE auctions:Copart: 109,244 (⬇2.60%)IAAI: 71,956 (⬆1.70%)Total: 181,200 (⬇0.93%)
Sold cars:Copart: 67,541 (⬇1.95%)IAAI: 33,170 (⬇1.76%)Total: 100,711 (⬇1.88%)
Sale approvalCopart: 61.8% (⬆0.4%)IAAI: 46.1% (⬇1.6%)Avg: 55.6% (⬇0.5%)

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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 359 times this week, followed by the BMW 3-series (347 searches) and BMW X5 (341). This suggests that our users are interested in these makes and models and are looking to buy them at auctions. The Jeep Grand Cherokee 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 14,738 cars. They are considered the best insurance company to buy from. Progressive Insurance followed with 10,757 cars sold. Geico 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!

1991 ACURA NSX

Final bid: $50,000

The Acura NSX is probably one of the greatest JDM cars ever built. Driving the original Acura NSX ruins every new car. New supercars are better than this in a million ways, none of which are worth a damn.
The reason why is obvious. The NSX is supercar simplicity incarnate. That V-6 makes “only” 270 hp and a muscling bellow that doesn’t stop until the 8000 rpm redline. This is a car that’s meant to be driven.You can drive a car balanced on the edge of the world, its fate determined by your confidence and competence, and I promise you won’t care. You’ll just want more of those moments.

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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 FORD BRONCO

Auctions: 4

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

2014 MERCEDES-BENZ E-CLASS

Auctions: 77

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.

2018 LAND ROVER RANGE ROVER

Bids: 366

366 bids and no sale!

FINAL BID: $54,500 Not sold

2018 MERCEDES-BENZ S-CLASS

Bids: 331

FINAL BID: $36,500 Not sold

5. Most Expensive Lots SOLD

2020 RGM REGAL BOAT

Retail value: $463,000

Final bid: $179,000


2021 FERRARI F8

Retail value: $425,675

Final bid: $165,275


2020 FERRARI 812 SUPERFAST

Retail value: $440,402

Final bid: $153,750


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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2009 HONDA PILOT

SOLD: $2

No way!

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2007 NISSAN VERSA

SOLD: $25

No, no! This is imposible!

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2013 CHEVROLET MALIBU

SOLD: $25

$25 for 2013 CHEVROLET MALIBU?! What!?

7. Price analysis

This week, I am taking a look at one of the most popular SUVs: the 2019-22 BMW X5 (G05)

2019-22 BMW X5

You can see that the average price for the car was the cheapest in March 2022. So now is still the best time to buy a BMW X5 
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 Maine. You may want to look for your next BMW X5 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.