autoAstat weekly statistics

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

Vol.42

August 29, 2023

August 14 - August 20, 2023

1. Auctions sales statistics

The overall car volume at the auctions remains stable, indicating a consistent supply of cars being made available. This implies that there are no significant fluctuations or interruptions in the availability of vehicles.
Both auctions maintain a regular and continuous flow of cars without any noticeable gaps, apart from the week of July 4th. It seems that the auctions continue to operate smoothly without any major disruptions in their car offerings, ensuring a steady inventory for potential buyers.
In terms of performance metrics, the number of cars sold and the approval rating remain consistent. This suggests that the auctions are effectively managing sales, with no significant changes in the rate of cars being sold and the level of approval from buyers.
Overall, this summary highlights a stable and consistent environment at the insurance auto auctions, where car volume, flow, and key performance indicators are holding steady, with the exception of a potential temporary disruption during the week of July 4th and possibly the upcoming Labor Day weekend.

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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 520 times this week, followed by the Tesla Model 3 (480 searches) and Audi Q5 (467). 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 14,821 cars. They are considered the best insurance company to buy from. Progressive Insurance followed with 12,222 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!

2023 BMW I7

Final bid: $86,000

The 2023 BMW i7 is a groundbreaking all-electric luxury sedan that redefines sustainable luxury and performance. With its electric powertrain, it offers seamless acceleration and zero emissions, reflecting BMW's commitment to environmental consciousness. The exterior design blends elegance with futuristic elements, while the interior showcases a harmonious fusion of premium materials and innovative technology. As BMW's flagship electric model, the 2023 i7 embodies the brand's vision for sustainable luxury motoring, providing a high-end driving experience that aligns with eco-friendly values.

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3. The most interesting lots

The best cars this week that deserve your attention

2022 AUDI E-TRON SPORTBACK

Final bid: $41,000 USD

The 2022 Audi e-tron Sportback is a striking all-electric SUV that combines sleek design with eco-friendly performance. Powered by electric motors, it offers instantaneous acceleration and emission-free driving. The sportback styling adds a dynamic touch to the exterior, while the interior boasts modern luxury and advanced technology. As part of Audi's e-tron lineup, the 2022 e-tron Sportback represents the brand's commitment to electric mobility, delivering a blend of sustainable driving and premium features for those seeking an eco-conscious yet upscale driving experience.

2012 BENTLEY MULSANNE

Final bid: $47,575 USD

The 2012 Bentley Mulsanne is a luxury flagship sedan that exudes opulence and timeless sophistication. Powered by a commanding V8 engine, it offers a smooth and powerful driving experience. The exterior design showcases a blend of classic Bentley styling cues and modern elegance, reflecting the brand's heritage. Inside, the cabin is a showcase of handcrafted luxury, featuring exquisite materials and meticulous attention to detail. The 2012 Bentley Mulsanne embodies the pinnacle of luxury motoring, providing a combination of refined performance, lavish comfort, and iconic British craftsmanship.

2020 BMW M8

Final bid: $44,500 USD

The 2020 BMW M8 is a high-performance luxury sports car that encapsulates power, precision, and elegance. With a potent engine, it delivers exhilarating acceleration and dynamic handling. The exterior design strikes a balance between aggressive styling and refined contours, while the interior offers a blend of sportiness and comfort with premium materials and advanced technology. As part of BMW's M lineup, the 2020 M8 represents the brand's dedication to performance and luxury, delivering an unforgettable driving experience that harmonizes speed and sophistication.

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.

2016 HONDA ODYSSEY

Auctions: 24

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

2018 RAM PROMASTER CITY

Auctions: 73

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.

2007 WESTERN STAR 4900

Bids: 446

446 bids and no sale!

FINAL BID: $55,500 Not sold

2009 INTERNATIONAL DURASTAR 4300

Bids: 362

FINAL BID: $29,000 Not sold

6. Most Expensive Lots SOLD

2018 LAMBORGHINI AVENTADOR

Retail value: $456,392

Final bid: $186,025


2020 LAMBORGHINI HURACAN

Retail value: $304,573

Final bid: $172,000


2017 DODGE VIPER

Retail value: $250,000

Final bid: $160,525


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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2010 HYUNDAI ACCENT

SOLD: $25

No way!

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2003 BMW 3 SERIES

SOLD: $25

No, no! This is imposible!

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2007 LEXUS GS

SOLD: $25

$25 for LEXUS GS?! What!?

8. Price analysis

This week, I am taking a look at one of the most beloved SUVs of recent years: the 2016–2020 Chevrolet Equinox

2016–2020 Chevrolet Equinox

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 Chevrolet Equinox!
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 Vermont. You may want to look for your next Chevrolet Equinox 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.