autoAstat weekly statistics

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

Vol.25

May 2, 2023

April 17 - 23, 2023

1. Auctions sales statistics

Salvage vehicle sales totaled 91,904 units, representing a decrease of 12.10% (12,659 cars) from the previous week. 
Cars volume decreased by 1.67%. There were 3,082 less cars offered at live auctions this week. 
The average approval rate decreased by 6.0%.

Cars Volume vs Cars Sold

Cars went through LIVE auctions:Copart: 108,458 (⬆1.05%)IAAI: 72,012 (⬇5.53%)Total: 180,470 (⬇1.67%)
Sold cars:Copart: 65,768 (⬆2.44%)IAAI: 26,136 (⬇35.24%)Total: 91,904 (⬇12.10%)
Sale approvalCopart: 60.6% (⬆0.8%)IAAI: 36.3% (⬇16.6%)Avg: 50.9% (⬇6.0%)

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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 365 times this week, followed by the Tesla Model 3 (351 searches) and Audi Q5 (340). 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 12,606 cars. They are considered the best insurance company to buy from. Progressive Insurance followed with 9,534 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!

2019 ASTON MARTIN VANTAGE

Final bid: $44,000

The 2019 Aston Martin Vantage is a car that will leave you with an unforgettable experience. It's a true masterpiece of engineering and design that will take your breath away every time you get behind the wheel.Every curve of the road feels like a dance with the car, as it responds effortlessly to your every command. The precise handling and responsive steering make you feel like you're in complete control, and the acceleration is simply breathtaking.

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3. The most interesting lots

The best cars this week that deserve your attention

2022 BMW M3 COMPETITION

Final bid: $48,500 USD

True masterpiece of German engineering that demands attention from anyone who appreciates high-performance cars. It's a perfect blend of luxury, performance, and style, and it's sure to leave a lasting impression on anyone lucky enough to get behind the wheel.

2022 RIVIAN R1T

Final bid: $45,250 USD

The 2022 RIVIAN R1T Launch Edition is a game-changer in the world of electric vehicles. With its impressive combination of performance, technology, and style, the R1T Launch Edition is bound to make a lasting impression on anyone who has the opportunity to try it out.

2004 FERRARI 360 MODENA

Final bid: $85,500 USD

The 360 MODENA Spider is a work of art, with a sleek and stylish design that turns heads wherever you go. But the real magic happens when you get behind the wheel. The sound of the engine is like music to your ears, and the power and precision of the car make you feel like you're driving a race car on the open road. 

4. 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 TESLA MODEL Y

Auctions: 40

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

1989 MERCEDES-BENZ 500 SL

Auctions: 96

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

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5. 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 MERCEDES-BENZ GLE-CLASS

Bids: 313

313 bids and no sale!

FINAL BID: $38,000 Not sold

2009 ROLLS-ROYCE PHANTOM

Bids: 307

FINAL BID: $54,500 Not sold

6. Most Expensive Lots SOLD

2021 SOUTHPORT BOAT

Retail value: Unknown

Final bid: $209,575


2021 ROLLS-ROYCE CULLINAN

Retail value: $466,639

Final bid: $200,000


2006 FORD GT

Retail value: $200,000

Final bid: $192,525


7. $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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2008 FORD FUSION

SOLD: $2

No way!

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2009 DODGE CALIBER

SOLD: $25

No, no! This is imposible!

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1996 CHEVROLET CAMARO

SOLD: $25

$25 for CHEVROLET CAMARO?! What!?

8. Price analysis

This week, I am taking a look at one of the most beloved sports cars of recent years: the 2015-2020 Ford Mustang (S550)

2015-20 FORD MUSTANG

You can see that the average price for the car was the cheapest in December 2022. So now is still the best time to buy a Ford Mustang!
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 Vermont. You may want to look for your next Ford Mustang 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.