autoAstat weekly statistics

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

Vol.38

August 1, 2023

July 17 - July 23, 2023

1. Auctions sales statistics

Salvage vehicle sales totaled 98,433 units, representing a decrease of 0.07% (65 cars) from the previous week. 
Cars volume increased by 1.68%. There were 2,898 more cars offered at live auctions this week. 
The average approval rate decreased by 1.8%.

Cars Volume vs Cars Sold

Cars went through LIVE auctions:Copart: 103,591 (⬆1.15%)IAAI: 71,983 (⬆2.45%)Total: 175,574 (⬆1.68%)
Sold cars:Copart: 60,289 (⬆0.35%)IAAI: 38,144 (⬇0.72%)Total: 98,433 (⬇0.07%) 
Sale approvalCopart: 58.2% (⬇0.7%)IAAI: 52.3% (⬇4.4%)Avg: 56.0% (⬇1.8%)

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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 519 times this week, followed by the Tesla Model 3 (497 searches) and Audi Q5 (482). 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 14,044 cars. They are considered the best insurance company to buy from. Progressive Insurance followed with 11,478 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!

2018 AUDI R8

Final bid: $67,500

The 2018 Audi R8 is a masterpiece of engineering, combining breathtaking performance with refined luxury. Its captivating design turns heads, and the V10 engine delivers an adrenaline-pumping driving experience with lightning-fast acceleration. The Quattro all-wheel-drive system ensures exceptional grip and control, making it agile and confident on any road. Inside, the cabin exudes elegance and sophistication, with high-quality materials and advanced technology features. The R8 strikes a perfect balance between a thrilling sports car and a comfortable daily driver.

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3. The most interesting lots

The best cars this week that deserve your attention

2023 LEXUS RX 500H

Final bid: $57,000 USD

The 2023 Lexus RX 500h is a compelling hybrid SUV that embodies luxury and efficiency. Its distinctive design, characterized by the signature Lexus spindle grille, makes a bold statement on the road. Inside, the cabin offers a serene and upscale environment, featuring premium materials and cutting-edge technology. The hybrid powertrain combines a potent V6 engine with an electric motor, delivering not only impressive fuel efficiency but also a smooth and refined driving experience.

2022 CADILLAC CT5-V BLACKWING

Final bid: $75,000 USD

The 2022 Cadillac CT5-V Blackwing is a remarkable performance sedan that combines luxury with exhilarating power. Its aggressive and stylish design sets it apart from the crowd, while the spacious and well-appointed interior offers a premium driving experience. Under the hood, the hand-built supercharged V8 engine roars to life, delivering jaw-dropping acceleration and a spine-tingling exhaust note. The precise handling and responsive steering make it a joy to drive on both the track and everyday roads. The CT5-V Blackwing also comes equipped with advanced technology and safety features, enhancing convenience and peace of mind

2021 DODGE CHARGER

Final bid: $61,000 USD

The 2021 Dodge Charger SRT Hellcat is a thrilling and powerful sports sedan that offers an adrenaline-pumping driving experience. It seamlessly combines raw power, sporty handling, and aggressive styling, making it an attractive choice for enthusiasts looking to have fun on the road. While it may not be the most practical daily driver due to its fuel consumption and firmer ride, the Hellcat undoubtedly brings a smile to your face every time you hit the gas pedal.

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.

2020 RAM 1500

Auctions: 15

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

1970 CITROEN DS

Auctions: 94

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: 350

350 bids and no sale!

FINAL BID: $37,750 Not sold

2020 BMW X7

Bids: 325

FINAL BID: $40,750 Not sold

6. Most Expensive Lots SOLD

2021 JOHN DEERE

Retail value: $445,000

Final bid: $198,000


2019 ROLLS-ROYCE CULLINAN

Retail value: $317,121

Final bid: $173,300


2022 LAMBORGHINI URUS

Retail value: $322,907

Final bid: $173,000


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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2009 HONDA PILOT

SOLD: $2

No way!

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2005 NISSAN ALTIMA

SOLD: $25

No, no! This is imposible!

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2014 DODGE JOURNEY

SOLD: $25 CAD

$25 CAD for DODGE JOURNEY?! What!?

8. Price analysis

This week, I am taking a look at one of the most beloved SUVs of recent years: the 2015–2019 Hyundai Santa Fe

2015-2019 Hyundai Santa Fe

You can see that the average price for the car was the cheapest in April 2023. And now is still the best time to buy a Hyundai Santa Fe!
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 North Dakota. You may want to look for your next Hyundai Santa Fe 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.