autoAstat weekly statistics

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

Vol.51

October 31, 2023

October 16 - October 22, 2023

1. Auctions sales statistics

The volume of cars at auctions has rebounded and returned to its earlier levels, ensuring a dependable supply of vehicles. Despite this temporary dip, there have been no significant disruptions in vehicle availability. Both auctions have consistently maintained a flow of cars, contributing to seamless operations and a stable inventory for buyers.
Performance metrics, including the number of cars sold and approval ratings, have not only weathered the minor reduction in car volume but are also showing signs of improvement and growth.
In summary, insurance auto auctions provide a stable and consistent environment, with evidence of car volume returning to previous levels. Operations continue to run smoothly, and key performance indicators are not only stable but also showing positive growth trends.

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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 15,118 cars. They are considered the best insurance company to buy from. Progressive Insurance followed with 12,286 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!

2021 NISSAN GT-R

Final bid: $74,225 USD

The 2021 Nissan GT-R is a high-performance sports car renowned for its remarkable power and thrilling driving experience. Equipped with a potent twin-turbocharged V6 engine, it delivers impressive acceleration and exceptional handling. The exterior design features a bold and distinctive look, showcasing the GT-R's unmistakable styling cues. Inside, the cabin offers a driver-centric experience with modern technology and comfortable seating. The 2021 Nissan GT-R Premium is an iconic sports car that continues to captivate enthusiasts with its balance of power, precision, and Japanese engineering excellence.

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3. The most interesting lots

The best cars this week that deserve your attention

2022 MERCEDES-BENZ EQS 450

Final bid: $40,750 USD

The 2022 Mercedes-Benz EQS 450 is a luxurious and all-electric sedan that exemplifies the future of automotive technology and opulence. Powered by an electric motor, it offers a silent yet powerful driving experience with a focus on sustainability. The exterior design is sleek and contemporary, showcasing a distinct and aerodynamic shape. Inside, the cabin is a masterpiece of modern luxury, featuring premium materials and cutting-edge technology, including the advanced MBUX Hyperscreen infotainment system. The 2022 Mercedes-Benz EQS 450 represents Mercedes' commitment to electric mobility and luxury, offering a serene and high-tech driving experience for those who appreciate innovative design and eco-conscious driving.

2021 AUDI SQ8

Final bid: $41,000 USD

The 2021 Audi SQ8 Prestige is a high-performance luxury SUV that perfectly balances power with sophistication. Powered by a robust V8 engine, it offers exceptional acceleration and dynamic handling. The exterior design is sleek and modern, with a distinctive Audi styling aesthetic and sporty accents. Inside, the cabin is a showcase of opulence and advanced technology, featuring premium materials and cutting-edge infotainment systems. The 2021 Audi SQ8 Prestige embodies the spirit of Audi's S performance line, delivering a blend of power, style, and modern luxury for those who desire a high-performance SUV with top-tier features.

2023 BMW 7 SERIES

Final bid: $63,000 USD

The 2023 BMW 7 Series 740i is a luxurious and tech-savvy sedan that blends premium comfort with advanced technology. Powered by a turbocharged inline-six engine, it offers a smooth and refined driving experience. The exterior design exudes elegance and sophistication, featuring the brand's signature styling cues. Inside, the cabin is a haven of luxury and modern amenities, including the latest BMW iDrive infotainment system. The 2023 BMW 7 Series 740i is the embodiment of BMW's commitment to luxury and innovation, providing a comfortable and high-tech driving experience for those who appreciate both performance and prestige in a full-size sedan.

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.

2018 CHEVROLET CAMARO

Auctions: 1

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

2011 MERCEDES-BENZ GL-CLASS

Auctions: 154

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 LAND ROVER RANGE ROVER

Bids: 359

359 bids and no sale!

FINAL BID: $40,750 USD Not sold

2018 LAND ROVER RANGE ROVER

Bids: 324

FINAL BID: $48,250 USD Not sold

6. Most Expensive Lots SOLD

2005 FORD GT

Retail value: $418,483 USD

Final bid: $250,000 USD


2022 LAMBORGHINI URUS

Retail value: $282,922 USD

Final bid: $192,000 USD


2019 ROLLS-ROYCE DAWN

Retail value: $335,760 USD

Final bid: $141,025 USD


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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1998 BOUNDER MOTOR

SOLD: $20 USD

No way!

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2021 DODGE CHARGER

SOLD: $25 USD

No, no! This is imposible!

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2007 CHEVROLET EQUINOX

SOLD: $25 USD

$25 for Chevrolet Equinox?! What!?

8. Price analysis

This week, I am taking a look at one of the most beloved sedans of recent years: the 2018–2023 Chevrolet Malibu

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2018–2023 Chevrolet Malibu

You can see that the average price for the car was the cheapest in March 2023. And now is the best time to buy a Chevrolet Malibu!
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 Chevrolet Malibu 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.