autoAstat weekly statistics
Weekly statistics, trends, prices, insights, auction scam and the most interesting vehicles from the salvage car market
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%)
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.
Top sellers of the week
Salvage cars sales volume
Top country buyers
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.
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.
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.
5. Most Expensive Lots SOLD
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... :)
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.
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!
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.