autoAstat weekly statistics

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

Vol.27

May 16, 2023

May 01 - 07, 2023

1. Auctions sales statistics

Salvage vehicle sales totaled 108,625 units, representing an increase of 4.75% (4,924 cars) from the previous week. 
Cars volume decreased by 0.57%. There were 1041 less cars offered at live auctions this week. 
The average approval rate increased by 3.0%.

Cars Volume vs Cars Sold

Cars went through LIVE auctions:Copart: 105,133 (⬇1.41%)IAAI: 75,237 (⬆0.62%)Total: 180,370 (⬇0.57%)
Sold cars:Copart: 65,183 (⬆2.75%)IAAI: 43,442 (⬆7.88%)Total: 108,625 (⬆4.75%)
Sale approvalCopart: 62.0% (⬆2.5%)IAAI: 57.7% (⬆3.9%)Avg: 60.2% (⬆3.0%)

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 Tesla Model 3 has been researched 392 times this week, followed by the Audi Q5 (388 searches) and BMW 3-series (376). 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 15,899 cars. They are considered the best insurance company to buy from. Progressive Insurance followed with 14,907 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!

2009 CHEVROLET CORVETTE

Final bid: $28,925

The 2009 Chevrolet Corvette is a rare gem that exudes classic style and beauty. With its sleek design and powerful engine, it's a true rarity on the road. This car is a testament to Chevrolet's commitment to producing high-performance vehicles that stand the test of time. From its signature red paint to its iconic logo, the Corvette is a masterpiece of automotive engineering. It's a classic car that will always be in style. With its smooth ride and powerful acceleration, the 2009 Corvette is a true muscle car. It's a rare find that any car enthusiast would be proud to own. In short, this car is a true gem that deserves to be called a classic, a rarity, and a true "muscle car".

Illustration

3. The most interesting lots

The best cars this week that deserve your attention

2004 LAMBORGHINI GALLARDO

Final bid: $56,500 USD

The 2004 Lamborghini Gallardo is a budget-friendly supercar that is sure to turn heads wherever it goes. With its sleek lines and powerful engine, this car is a true marvel of engineering. The car's impressive handling and acceleration make it a joy to drive, and its bold styling makes it impossible to ignore. It's a true supercar that is accessible to a wider range of drivers. The Gallardo is a testament to Lamborghini's commitment to producing high-performance vehicles that are both affordable and thrilling to drive.

2023 BMW M3 Competition

Final bid: $56,000 USD

The M3 Competition is designed for drivers who demand the very best in performance and style. The car's aggressive styling is matched by its impressive power, with a turbocharged six-cylinder engine that delivers an astounding 503 horsepower. It's a car that's built for drivers who love to push their limits. From its track-inspired design to its impressive acceleration, this car is a true thrill ride. And with BMW's signature luxury features and attention to detail, it's also a pleasure to drive on a daily basis. Awesome vehicle!

2022 AUDI RS E-TRON GT

Final bid: $65,500 USD

This car is designed for drivers who demand the very best in performance, style, and sustainability. With its sleek lines and powerful electric drivetrain, the RS e-tron GT is a true head-turner.
The 2022 Audi RS e-tron GT is a game-changing electric vehicle that combines exceptional performance, cutting-edge technology, and striking design to deliver a driving experience that is truly unforgettable.

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 MERCEDES-BENZ GLE-CLASS

Auctions: 3

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

2020 ACURA RDX

Auctions: 105

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

Illustration

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.

2016 LAND ROVER RANGE ROVER

Bids: 324

324 bids and no sale!

FINAL BID: $38,500 Not sold

2018 LAND ROVER RANGE ROVER VELAR

Bids: 318

FINAL BID: $30,000 Not sold

6. Most Expensive Lots SOLD

2023 LAMBORGHINI HURACAN

Retail value: $478,480

Final bid: $232,000


2015 FERRARI 458

Retail value: $575,000

Final bid: $207,000


2021 ROLLS-ROYCE GHOST SERIES II

Retail value: $331,694

Final bid: $168,000


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... :)

Illustration

2002 FORD EXPLORER

SOLD: $25

No way!

Illustration

2004 HYUNDAI SANTA FE

SOLD: $25

No, no! This is imposible!

Illustration

2014 DODGE CHARGER

SOLD: $25

$25 for 2014 DODGE CHARGER?! What!?

8. Price analysis

This week, I am taking a look at one of the most beloved SUV's of recent years: the 2019-2023 VOLKSWAGEN TIGUAN

2019-2023 VOLKSWAGEN TIGUAN

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 VW Tiguan!
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 Idaho. You may want to look for your next VW Tiguan 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.