autoAstat weekly statistics

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

Vol.30

June 6, 2023

May 22 - 28, 2023

1. Auctions sales statistics

Salvage vehicle sales totaled 110,760 units, representing an increase of 9.32% (9,444 cars) from the previous week. 
Cars volume increased by 5.76%. There were 10,070 more cars offered at live auctions this week. 
The average approval rate increased by 2.0%.

Cars Volume vs Cars Sold

Cars went through LIVE auctions:Copart: 113,633 (⬆11.76%)IAAI: 71,078 (⬆1.12%)Total: 184,711 (⬆5.76%)
Sold cars:Copart: 70,709 (⬆12.71%)IAAI: 40,051 (⬆3.80%)Total: 110,760 (⬆9.32%)
Sale approvalCopart: 62.2% (⬆2.1%)IAAI: 56.3% (⬆1.4%)Avg: 60.0% (⬆2.0%)

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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 439 times this week, followed by the Audi Q5 (413searches) and Tesla Model 3 (409). 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 15,335 cars. They are considered the best insurance company to buy from. Progressive Insurance followed with 11,758 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!

2022 FORD F-150 LIGHTNING

Final bid: $42,000

The 2022 Ford F-150 Lightning is an impressive electric truck that brings a new level of innovation and sustainability to the pickup truck market. As one of the most highly anticipated electric vehicles of the year, it has certainly made a splash in the automotive industry.

The F-150 Lightning successfully combines the best features of the iconic F-150 lineup with the benefits of electric mobility. It offers a compelling package with excellent performance, practicality, and advanced technology. With the F-150 Lightning, Ford has made a significant stride toward the electrification of the pickup truck segment, and it deserves praise for its efforts.

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3. The most interesting lots

The best cars this week that deserve your attention

2022 CHEVROLET CORVETTE

Final bid: $79,000 USD

The 2022 Chevrolet Corvette lives up to its reputation as a world-class sports car. With its powerful performance, striking design, advanced technology, and excellent value for money, it offers an enticing package for enthusiasts. The Corvette remains an aspirational vehicle that embodies the spirit of American automotive excellence.
The Corvette offers a compelling combination of power, style, and technology, making it a standout option for sports car enthusiasts

2016 BMW I8

Final bid: $46,025 USD

The 2016 BMW i8 is an exceptional hybrid sports car that embodies the future of automotive technology. Its head-turning design, impressive performance, and advanced features make it an appealing choice for those seeking a thrilling and eco-conscious driving experience. Although it has a few limitations, the overall package of the 2016 i8 remains highly desirable. BMW has undoubtedly crafted a groundbreaking vehicle that combines style, performance, and sustainability into a truly electrifying package.

1994 FERRARI 348 Spider

Final bid: $65,000 USD

A Timeless beauty!The 1994 Ferrari 348 Spider represents an iconic era of Ferrari's automotive excellence. Its timeless design, exhilarating performance, and raw driving experience make it a true enthusiast's car. While it may lack some of the modern amenities and conveniences found in contemporary supercars, the 348 Spider's allure lies in its ability to transport you back to a purer and more engaging era of motoring. For those who appreciate the essence of driving and the timeless beauty of a Ferrari, the 1994 348 Spider is an extraordinary machine that continues to captivate and thrill

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 CHEVROLET CAMARO

Auctions: 5

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

2011 LEXUS GS

Auctions: 166

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.

2018 LAND ROVER RANGE ROVER

Bids: 321

321 bids and no sale!

FINAL BID: $50,500 Not sold

2019 MERCEDES-BENZ SPRINTER

Bids: 310

FINAL BID: $24,500 Not sold

6. Most Expensive Lots SOLD

2022 MERCEDES-BENZ G63 AMG

Retail value: $245,693

Final bid: $161,000


2014 PRES BOAT

Retail value: $472,000

Final bid: $130,000


2021 BLACKFIN BOAT

Retail value: Unknown

Final bid: $127,000


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... :)

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2008 DODGE CALIBER

SOLD: $2

No way!

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2004 MITSUBISHI ECLIPSE

SOLD: $25

No, no! This is imposible!

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2006 BMW 750li

SOLD: $25

$25 for 2006 BMW 750li?! What!?

8. Price analysis

This week, I am taking a look at one of the most beloved SUV's of recent years: the 2016-2020 DODGE DURANGO

2016-2020 DODGE DURANGO

You can see that the average price for the car was the cheapest in December 2023. And now is still the best time to buy a Dodge Durango!
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 Dodge Durango 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.