autoAstat weekly statistics
Weekly statistics, trends, prices, insights, auction scam and the most interesting vehicles from the salvage car market
March 21, 2023
March 06 - March 12, 2023
1. Auctions sales statistics
Salvage vehicle sales totaled 97,886 units, representing a decrease of 2.80% (2,825 cars) from the previous week.
Cars volume increased by 2.57%. There were 4,666 more cars offered at live auctions this week.
The average approval rate decreased by 2.9%.
Cars Volume vs Cars Sold
Cars went through LIVE auctions:Copart: 109,301 (⬇0.05%)IAAI: 76,565 (⬆6.40%)Total: 185,866 (⬆2.57%)
Sold cars:Copart: 59,455 (⬇11.97%)IAAI: 38,431 (⬆15.86%)Total: 97,886 (⬇2.80%)
Sale approvalCopart: 54,4% (⬇7.4%)IAAI: 50.2% (⬆4.1%)Avg: 52.7% (⬇2.9%)
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 335 times this week, followed by the Audi Q5 (332 searches) and BMW 5-series (313). This suggests that our users are interested in these makes and models and are looking to buy them at auctions.
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!
2022 AUDI R8
Final bid: $125,000
The R8 wears a supercar wardrobe but is as approachable and easy to drive as any other Audi. Eye-catching styling, minimalist cabin still feels luxurious, roaring V-10 powertrain.
The most everyday of the everyday supercars. Because it’s an Audi, because it’s ergonomically sound, because it’s reliable and well built.
But it's also about to come to an end. In 2023, Audi will build its final R8. Its last petrol-engined supercar. Whatever replaces this V10 banshee as Audi's fast flagship will be stuffed with batteries and powered by electricity.
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 2015-19 Ford Edge
2015-19 FORD EDGE
You can see that the average price for the car was the cheapest in March 2023. So now is the best time to buy a Ford Edge!
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 Ford Edge 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.