autoAstat weekly statistics

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

Vol.52

November 7, 2023

October 23 - October 29, 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.

Illustration
Illustration

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 1,413 times this week, followed by the BMW 3 Series (1,279 searches) and Tesla Model 3 (1,139). This suggests that our users are interested in these makes and models and are looing to buy them at auctions.

Illustration

Top sellers of the week

Illustration

State Farm Insurance was the leader in sales this week. They sold 15,688 cars. They are considered the best insurance company to buy from. Progressive Insurance followed with 12,316 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

Illustration

Top country buyers

Illustration

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!

2017 CHEVROLET CORVETTE

Final bid: $45,000 USD

The 2017 Chevrolet Corvette 1LZ Z06 stands out as a high-performance sports car celebrated for its impressive power and precise handling. Under the hood, it's equipped with a supercharged V8 engine that delivers breathtaking acceleration and dynamic performance. The exterior design is both aggressive and aerodynamic, showcasing the Corvette's iconic styling cues. Inside, the cabin is driver-focused with modern amenities and advanced technology. The 2017 Chevrolet Corvette is a remarkable addition to the Corvette lineup, delivering an exhilarating driving experience that harmonizes speed, style, and American muscle.

Illustration

3. The most interesting lots

The best cars this week that deserve your attention

2024 BMW X6

Final bid: $62,500 USD

The 2024 BMW X6 is a luxury SUV that offers a harmonious blend of style, performance, and advanced technology. Powered by a turbocharged inline-six engine and xDrive all-wheel drive, it delivers both strong acceleration and confident handling. The exterior design is sleek and modern, featuring the X6's signature coupe-like roofline. Inside, the cabin is a showcase of opulence and innovation, with premium materials and the latest BMW technology, making it a premium choice for those who appreciate both luxury and performance in an SUV.

2023 AUDI RS 7

Final bid: $80,500 USD

The 2023 Audi RS 7 Premium Plus is a sportback that masterfully combines power with luxury. Under the hood, it features a robust V8 engine, delivering exhilarating acceleration and precise handling. The exterior design is both sleek and aggressive, showcasing Audi's contemporary styling cues. Inside, the cabin offers a perfect combination of opulence and advanced technology, with premium materials and cutting-edge features. The 2023 Audi RS 7 represents the essence of Audi's RS performance line, providing a compelling driving experience with a focus on both style and speed.

2018 MERCEDES-BENZ AMG GT

Final bid: $50,000 USD

The 2018 Mercedes-Benz AMG GT is a sports car celebrated for its impressive power and precise handling. Under the hood, it's equipped with a handcrafted twin-turbocharged V8 engine, delivering exhilarating acceleration and dynamic performance. The exterior design is both aggressive and aerodynamic, showcasing the distinctive AMG styling elements and an iconic long hood. Inside, the cabin is driver-focused and luxurious, featuring premium materials and advanced technology. The 2018 Mercedes-Benz AMG GT S is a track-ready sports car that caters to enthusiasts who appreciate a blend of speed, style, and German engineering excellence.

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.

2017 FORD SHELBY GT350

Auctions: 1

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

2018 JAGUAR F-PACE

Auctions: 88

It's always important to check autoAstat before buying cars at salvage auto auctions.

Illustration

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.

2023 BMW 8 SERIES

Bids: 369

369 bids and no sale!

FINAL BID: $40,750 USD Not sold

2013 CHEVROLET CORVETTE

Bids: 360

FINAL BID: $61,500 USD Not sold

6. Most Expensive Lots SOLD

2022 MCLAREN 720S

Retail value: $319,373 USD

Final bid: $155,000 USD


2022 VERM D23X30III

Final bid: $151,000 USD


2013 FERRARI 458

Retail value: $230,484 USD

Final bid: $138,525 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... :)

Illustration

2006 NISSAN TITAN

SOLD: $25 USD

No way!

Illustration

2008 CADILLAC CTS

SOLD: $25 USD

No, no! This is imposible!

Illustration

2008 AUDI A6

SOLD: $25 USD

$25 for AUDI A6?! What!?

8. Price analysis

This week, I am taking a look at one of the most beloved sedans of recent years: the 2012–2019 BMW 3 Series

Illustration

2012–2019 BMW 3 Series

You can see that the average price for the car was the cheapest in October 2023. And now is the best time to buy a BMW 3 Series!
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.

Illustration

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 Maine. You may want to look for your next BMW 3 Series in that area!

Illustration

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.