autoAstat weekly statistics

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

Vol.19

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%)

Illustration
Illustration

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.

Illustration

Top sellers of the week

Illustration

State Farm Insurance was the leader in sales this week. They sold 14,540 cars. They are considered the best insurance company to buy from. Progressive Insurance followed with 10,897 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

Illustration

Top country buyers

Illustration

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.

Illustration

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.

2019 MERCEDES-BENZ AMG GLE 63 S

Auctions: 11

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

2011 MERCEDES-BENZ GL-CLASS

Auctions: 89

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

Illustration

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: 362

362 bids and no sale!

FINAL BID: $43,250 Not sold

2018 LAND ROVER RANGE ROVER SPORT

Bids: 315

FINAL BID: $32,750 Not sold

5. Most Expensive Lots SOLD

2022 MCLAREN 720S

Retail value: $380,000

Final bid: $228,000


2020 FERRARI 812 SUPERFAST

Retail value: $447,105

Final bid: $160,000


2021 MERCEDES-BENZ G63 AMG

Retail value: $238,010

Final bid: $146,525


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... :)

Illustration

2006 AUDI A6

SOLD: $2

No way!

Illustration

2005 CHRYSLER PACIFICA

SOLD: $25

No, no! This is imposible!

Illustration

2006 LR RANGE ROVER

SOLD: $25

$25 for 2006 RANGE ROVER?! What!?

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.

Illustration

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!

Illustration

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.