autoAstat weekly statistics

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

Vol.36

July 18, 2023

July 03 - July 09, 2023

1. Auctions sales statistics

Salvage vehicle sales totaled 86,626 units, representing a decrease of 13.84% (13,924 cars) from the previous week. 
Cars volume decreased by 11.63%. There were 20,787 less cars offered at live auctions this week. 
The average approval rate decreased by 1.4%.

Cars Volume vs Cars Sold

Cars went through LIVE auctions:Copart: 89,689 (⬇14.52%)IAAI: 68,111 (⬇7.52%)Total: 157,800 (⬇11.63%)
Sold cars:Copart: 51,541 (⬇15.04%)IAAI: 35,085 (⬇12.02%)Total: 86,626 (⬇13.84%)
Sale approvalCopart: 57.5% (⬇0.3%)IAAI: 51.5% (⬇2.6%)Avg: 54.9% (⬇1.4%)

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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 Audi Q5 has been researched 421 times this week, followed by the BMW 3 series (416 searches) and Tesla Model 3 (414). 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 13,085 cars. They are considered the best insurance company to buy from. Progressive Insurance followed with 10,952 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!

2024 BMW X6

Final bid: $58,500

The 2024 BMW X6 is a bold and dynamic Sports Activity Coupe that caters to those seeking style, performance, and cutting-edge technology in a luxury SUV package. While some may find the grille design and ride stiffness to be subjective aspects, there's no denying the X6's allure and confidence on the road. With its engaging driving experience, lavish interior, and impressive technology suite, the 2024 X6 solidifies BMW's position as a leader in the luxury SUV segment, continuing to captivate driving enthusiasts and luxury-seeking drivers alike.

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3. The most interesting lots

The best cars this week that deserve your attention

2023 AUDI R8

Final bid: $124,275 USD

The 2023 Audi R8 stands as a remarkable showcase of Audi's engineering prowess and commitment to creating exhilarating driving experiences. From its head-turning design to the awe-inspiring V10 engine, the R8 delivers on all fronts. Whether driven on the open road or on the track, this supercar provides a visceral and emotive journey for drivers and passengers alike. As a true masterpiece of engineering and design, the 2023 Audi R8 firmly holds its place among the elite ranks of high-performance sports cars, captivating enthusiasts with its blend of luxury, performance, and thrill-inducing capabilities.

2022 LINCOLN AVIATOR

Final bid: $43,750 USD

The 2022 Lincoln Aviator redefines what a luxury SUV can be, embodying sophistication, comfort, and advanced technology. With its striking design, luxurious interior, and a strong emphasis on refinement, the Aviator competes admirably against established players in its segment. While some minor concerns persist with regard to its infotainment system and fuel efficiency in non-hybrid models, the Aviator's overall package makes it an enticing option for discerning drivers seeking a blend of style, performance, and innovation. Lincoln's resurgence is evident in the Aviator, showcasing the brand's commitment to delivering a compelling and competitive luxury SUV for the modern era.

2007 ROLLS-ROYCE PHANTOM

Final bid: $54,000 USD

The 2007 Rolls-Royce Phantom represents the pinnacle of luxury motoring, where artistry, engineering, and luxury seamlessly blend together. Its unrivaled combination of classic British design, handcrafted opulence, and refined performance continues to charm and inspire car enthusiasts worldwide. As a symbol of success and taste, the Phantom exudes an aura of prestige that few vehicles can match. For those seeking an automotive masterpiece that stands the test of time, the 2007 Rolls-Royce Phantom is an investment in luxurious pleasure that will be cherished for generations to come.

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.

2021 RAM 1500

Auctions: 8

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

2004 BOMBARDIER BOAT

Auctions: 91

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.

2022 PETERBILT 520

Bids: 305

305 bids and no sale!

FINAL BID: $47,250 Not sold

2019 PORSCHE CAYENNE

Bids: 299

FINAL BID: $32,750 Not sold

6. Most Expensive Lots SOLD

2021 SPORTSMAN BOAT

Retail value: Unknown

Final bid: $232,025


2019 LAMBORGHINI AVENTADOR

Retail value: $523,494

Final bid: $207,000


2021 ROLLS-ROYCE GHOST SERIES II

Retail value: $343,000

Final bid: $170,500


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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2013 NISSAN ALTIMA

SOLD: $2

No way!

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2005 NISSAN MURANO

SOLD: $15

No, no! This is imposible!

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2015 MITSUBISHI MIRAGE

SOLD: $25

$25 for MITSUBISHI MIRAGE?! What!?

8. Price analysis

This week, I am taking a look at one of the most beloved sedans of recent years: the 2017-2021 Ford Taurus

2017-2021 FORD TAURUS

You can see that the average price for the car was the cheapest in February 2023. And now is still the best time to buy a Ford Taurus!
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 Idaho. You may want to look for your next Ford Taurus 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.