autoAstat weekly statistics

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

Vol.29

May 30, 2023

May 15 - 21, 2023

1. Auctions sales statistics

Salvage vehicle sales totaled 101,316 units, representing a decrease of 3.69% (3,890 cars) from the previous week. 
Cars volume decreased by 1.70%. There were 3,032 less cars offered at live auctions this week. 
The average approval rate decreased by 1.2%.

Cars Volume vs Cars Sold

Cars went through LIVE auctions:Copart: 104,357 (⬇1.64%)IAAI: 70,284 (⬇1.80%)Total: 174,641 (⬇1.70%)
Sold cars:Copart: 62,732 (⬇3.51%)IAAI: 38,584 (⬇3.98%)Total: 101,316 (⬇3.69%)
Sale approvalCopart: 60.1% (⬇1.2%)IAAI: 54.9% (⬇1.2%)Avg: 58.0% (⬇1.2%)

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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 438 times this week, followed by the BMW X5 (433searches) and Tesla Model 3 (416). 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 15,116 cars. They are considered the best insurance company to buy from. Progressive Insurance followed with 10,644 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!

2013 LAMBORGHINI GALLARDO

Final bid: $55,500

The 2013 Lamborghini Gallardo LP560-4 modified for track driving is an exhilarating machine that truly embraces its racing capabilities. The modifications made to this iconic supercar enhance its performance and handling, making it a force to be reckoned with on the track.Inside the cabin, the modifications complement the car's track-focused nature. The addition of racing seats, a roll cage, and a fire extinguisher enhances both safety and driver engagement. The stripped-down interior creates a purposeful atmosphere, eliminating unnecessary weight and distractions.This modified Gallardo is an awe-inspiring machine that pushes the boundaries of what a supercar can achieve on the racetrack.

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3. The most interesting lots

The best cars this week that deserve your attention

2022 GMC HUMMER EV

Final bid: $57,500 USD

The 2022 GMC Hummer EV Edition 1 is a remarkable vehicle that represents a bold leap forward in electric vehicle technology and off-road capability. This all-electric beast combines ruggedness, power, and advanced features to create an unparalleled driving experience.

Whether you're seeking thrilling off-road adventures or a powerful and eco-friendly daily driver, the Hummer EV Edition 1 is an exceptional choice that pushes the boundaries of what an electric vehicle can achieve.

2022 BMW M8 Competition

Final bid: $61,500 USD

The first thing that captures attention is the M8 Competition's striking exterior design. It exhibits a perfect balance of elegance and aggressiveness, with sleek lines, muscular contours, and signature M-specific details. The aerodynamic enhancements not only enhance the car's appearance but also improve performance and stability at high speeds.

M8 Competition is a pinnacle of performance and luxury. Its stunning design, exhilarating power, and precise handling make it a standout in its class. Whether you're seeking thrilling drives on the open road or refined luxury for everyday commuting, the M8 Competition delivers an exceptional driving experience that satisfies the desires of even the most discerning automotive enthusiasts.

2022 AUDI RS6

Final bid: $68,500 USD

The 2022 Audi RS6 is a remarkable vehicle that combines the practicality of a luxury wagon with the exhilarating performance of a high-performance sports car. With its striking design, powerful engine, and advanced technologies, the RS6 stands out as an exceptional choice for those seeking a blend of style, versatility, and thrilling driving dynamics.
RS6 is a standout vehicle that seamlessly combines luxury, performance, and practicality. Its eye-catching design, impressive power, and engaging driving dynamics make it a true driver's car. Whether you're seeking a thrilling sports car experience or a versatile and luxurious family vehicle, the RS6 delivers on all fronts, providing an exceptional driving experience that leaves a lasting impression.

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.

2017 FORD MUSTANG

Auctions: 5

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

2017 CADILLAC ESCALADE

Auctions: 136

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 GLE350

Bids: 321

321 bids and no sale!

FINAL BID: $41,750 Not sold

2015 MERCEDES-BENZ G63 AMG

Bids: 309

FINAL BID: $49,000 Not sold

6. Most Expensive Lots SOLD

2018 MCLAREN 720S

Retail value: $228,577

Final bid: $175,000


2018 ROLLS-ROYCE DAWN

Retail value: Unknown

Final bid: $169,000


2023 LR RANGE ROVER P530 First Edition 5

Retail value: $186,918

Final bid: $166,525


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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2001 MERCEDES-BENZ C320

SOLD: $25

No way!

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2009 MITSU OUTLANDER

SOLD: $25

No, no! This is imposible!

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2013 LINCOLN MKX

SOLD: $25

$25 for 2013 LINCOLN MKX?! What!?

8. Price analysis

This week, I am taking a look at one of the most beloved sedan's of recent years: the 2018-2021 FORD FUSION

2018-2021 FORD FUSION

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