autoAstat weekly statistics

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

Vol.4

November 28, 2022

1. Auctions sales statistics

November 21 – 27, 2022
Salvage vehicles sales of 51,952 units for the final week of November represented a decrease of 12.86% (7,670 cars) from the last week.
Cars volume represented a decrease of 7.6%.There were 13,371 less cars at LIVE auctions this week. Average approval dropped 2.0%.
This was a Thanksgiving week with no auctions on November 24th, so decrease was expected.

Cars Volume vs Cars Sold

Cars went through LIVE auctions:Copart: 85,482 (⬇10.9%)IAAI: 75,610 (⬇3.62%)Total: 161,092 (⬇7.6%)
Sold cars:Copart: 38,330 (⬇11.5%)IAAI: 13,974 (⬇14.3%)Total: 51,952 (⬇12.8%)
Sale approvalCopart: 44.8% (⬇0.3%)IAAI: 18.5% (⬇1.7%)Avg: 32.2% (⬇2.0%)

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Search trends at autoAstat.com

What users at autoastat.com have been searching over the past week. This is kinda autoAstat Popularity rating. 
BMW 3-series been researched 282 times this week, followed by Audi Q5 (258 searches) and Toyota Camry (244), meaning our users are fond of these makes and models and looking to buy it at the auctions.

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Top sellers of the week

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Geico Insurance was the leader in sales this week. 9,658 cars sold.State Farm insurance followed with 6,623 cars sold. Geico sells cars at the highest bid, so consider this seller next time bidding.
Dealers at Copart were able to sell 1,246 vehicles. 11% less than last week!
Good job everyone identifying staged cars and not getting into the trap!

Salvage cars sales volume

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2. Car of the week

My personal pick of the week!

2008 LAMBORGHINI GALLARDO

Final bid: $28,775

It's hard to describe the Gallardo Spyder as anything but Lamborghini's best car ever. True, it's not the brand's most memorable model, nor will it likely be a timeless classic. But in terms of actual driving enjoyment and daily functionality, it can't be topped. It's the first Lamborghini in decades to be considered as daily driver.

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3. Staged cars of the week

I've found lots from dealers that had most auctions or impressive repairs. Remember to check every vehicle of your interest at Copart and IAAI at autoAstat.

2021 FORD MUSTANG MACH-E

Auctions: 8

Selling this vehicle will be hard. The previous condition is just horrific! Are you serious?Stay away from it!

2017 FORD TRANSIT

Auctions: 88

Always check autoAstat before you buy cars at salvage auto auctions.

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4. Top lots with most bids

The intense bidding competition. What are these hot cars everybody wants to buy?

2016 LEXUS LX 570

Bids: 361

361 bids and no sale!

FINAL BID: $54,400 Not sold

2020 BMW X7

Bids: 301

FINAL BID: $46,250 Not sold

5. Most expensive lots

1997 PORSCHE 911

Retail value: $170,000

Final bid: $145,000

Classic. It is practical and fun to drive. True classic.

2022 BOSTON WHALER 270 DAUNTLESS

Retail value: $206,212

Final bid: $130,275

37% discount for water/flood damage. I wonder if there were any water damages at all?!

2022 LAND ROVER NEW RANGE ROVER

Retail value: $244,601

FINAL BID: $121,000

New Range Rover!

6. $25 lots

Salvage Auto Auction is the place where you can find an amazing deals! My favorite category...Let's see what $25 could get you at auctions these days... :)

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2011 KIA RIO

SOLD: $5

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2010 CHEVROLET AVEO

SOLD: $20

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2011 DODGE AVENGER

SOLD: $25

7. Price analysis

This week I am taking a look at the most popular midsize SUV: 2017-19 Toyota Highlander per request from Digest reader.

2017-19 Toyota Highlander

You can see that the average price for the car was the cheapest in November, 2022. Now is the best time to buy Toyota Highlander
Did you know?! You can analyze any car you are looking for at autoastat.com*! Do your search, specify filters and click on Statistics tab. That's it.*You need to have paid account.

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Top locations gives you visual perspective which states sell the specified car the cheapest. As we see by the analysis, this car is not popular in Oklahoma :) Look for your next Highlander over there!

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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 and would like to see something else - 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 to buy - it will save your 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.