autoAstat weekly statistics

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

Vol.24

April 25, 2023

April 10 - 16, 2023

1. Auctions sales statistics

Salvage vehicle sales totaled 104,563 units, representing a decrease of 2.81% (3,024 cars) from the previous week. 
Cars volume decreased by 0.33%. There were 609 less cars offered at live auctions this week. 
The average approval rate decreased by 1.5%.

Cars Volume vs Cars Sold

Cars went through LIVE auctions:Copart: 107,323 (⬇2.32%)IAAI: 76,229 (⬆2.62%)Total: 183,552 (⬇0.33%)
Sold cars:Copart: 64,200 (⬇4.87%)IAAI: 40,363 (⬆0.65%)Total: 104,563 (⬇2.81%)
Sale approvalCopart: 59.8% (⬇1.6%)IAAI: 52.9% (⬇1.1%)Avg: 56.9% (⬇1.5%)

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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 BMW 3-series has been researched 401 times this week, followed by the Tesla Model 3 (354 searches) and BMW X5 (343). 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 15,533 cars. They are considered the best insurance company to buy from. Progressive Insurance followed with 12,867 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!

2023 MASERATI GRECALE

Final bid: $43,000

The 2023 Maserati Grecale is a breathtaking piece of engineering that exudes power, elegance, and sophistication. From the moment you set your eyes on it, you're immediately drawn to its sleek lines, aggressive grille, and stunning design.Driving the 2023 Maserati Grecale is an experience like no other, and it's impossible not to feel a deep sense of admiration and awe for this magnificent machine. It's a car that not only performs exceptionally well but also looks and feels amazing, leaving you feeling exhilarated and fulfilled.

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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.

2017 AUDI R8

Auctions: 2

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

2021 AUDI Q7

Auctions: 124

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.

2020 BENTLEY CONTINENTAL GT

Bids: 346

346 bids and no sale!

FINAL BID: $60,500 Not sold

2019 CHEVROLET SILVERADO 2500

Bids: 336

FINAL BID: $28,250 Not sold

5. Most Expensive Lots SOLD

2018 NEWMAR KING AIRE

Retail value: $446,571

Final bid: $205,000


2020 LAMBORGHINI HURACAN

Retail value: $302,113

Final bid: $164,000


2011 FERRARI 458 ITALIA

Retail value: Unknown

Final bid: $221,000 CAD


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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2006 CHEVROLET AVEO

SOLD: $25

No way!

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2013 DODGE AVENGER

SOLD: $20

No, no! This is imposible!

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2014 NISSAN ALTIMA

SOLD: $2

$2 for 2014 NISSAN ALTIMA?! What!?

7. Price analysis

This week, I am taking a look at one of the most popular compact SUVs: the 2019-22 FORD ESCAPE

2019-22 FORD ESCAPE

You can see that the average price for the car was the cheapest in January 2023. So now is still the best time to buy a Ford Escape!
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 Wyoming. You may want to look for your next Ford Escape 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.