autoAstat weekly statistics

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

Vol.66

February 13, 2024

January 29 - February 4, 2024

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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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 1,297 times this week, followed by the BMW 3 Series (1,231 searches) and Volkswagen Tiguan (1,226).This suggests that our users are interested in these makes and models and are looing 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 17,041 cars. They are considered the best insurance company to buy from. Progressive Insurance followed with 12,965 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!

2020 ASTON MARTIN VANTAGE

Final bid: $53,250 USD

2020 Vantage: Beauty unveiled, beast unleashed. Sleek lines whisper, 503-horse V8 roars. 0-60 in 3.8 seconds, heart-stopping symphony. Inside, luxury reigns, Alcantara kisses leather. Panoramic roof bathes cabin in light. Don't be fooled by grace, carves corners with confidence. More than a car, a statement. Vantage awaits, ready to thrill.

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3. The most interesting lots

The best cars this week that deserve your attention

2019 FERRARI PORTOFINO

Final bid: $68,775 USD

Sun-kissed stallion ready to prance. 2019 Portofino: 592-horse V8 symphony roars beneath a vanishing roof. Sleek Italian curves whisper elegance, yet devour corners with sports car agility. Carbon-ceramic brakes ensure confident stops after wind-in-your-hair thrills. Inside, luxury reigns with plush leather, tech dances at your fingertips. Not just a convertible, it's a rolling piece of Ferrari legend, ready to turn every drive into an unforgettable escape.

2022 GMC HUMMER EV

Final bid: $40,500 USD

A monstrous 1000-horsepower hums beneath a removable roof, not an engine's roar, but a silent promise of off-road domination. Its boxy silhouette whispers "adventure," while the crabwalk mode lets you defy any terrain. Inside, surprising luxury awaits - plush leather and tech galore. This isn't your grandpa's Hummer; it's a futuristic beast, conquering concrete jungles and dusty trails with equal ease. A statement of eco-conscious power, the Edition 1 awaits...ready to redefine what an SUV can be.

2006 FERRARI F430

Final bid: $49,975 USD

Imagine a 400-horse V8 erupting beneath a vanishing roof, its Italian howl a serenade to open-air thrills. Sculpted lines whisper heritage, every curve a nod to Ferrari's prancing horse legacy. Inside, Alcantara hugs, carbon fiber gleams, a cockpit designed for focused precision. Don't let the elegance fool you - this beast dances through canyons, a timeless icon ready to steal hearts and turn heads. Not just a convertible, it's a rolling piece of Ferrari history, unleashed for a new generation.

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.

2019 LEXUS RX 350

Auctions: 2

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

2021 HONDA CR-V

Auctions: 121

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.

2021 BMW X6

Bids: 300

330 bids and no sale!

FINAL BID: $41,125 Not sold

1976 LAND ROVER RANGE ROVER

Bids: 294

FINAL BID: $26,000 USD Not sold

6. Most Expensive Lots SOLD

2019 LAMBORGHINI URUS

Retail value: $239,119 USD

Final bid: $167,000 USD


2021 MONTEREY

Final bid: $147,775 USD


2023 LAND ROVER RANGE ROVER

Retail value: $198,056 USD

Final bid: $146,000 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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2004 FORD EXPEDITION

SOLD: $25 USD

No way!

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2013 AUDI A5

SOLD: $25 USD

No, no! This is imposible!

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2008 LAND ROVER RANGE ROVER SPORT

SOLD: $25 USD

$25 for LAND ROVER?! What!?

8. Price analysis

This week, I am taking a look at one of the most beloved SUVs of recent years: the 2019 - 2023 Hyundai Santa Fe

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2019 - 2023 Hyundai Santa Fe

You can see that the average price for the car was the cheapest in January 2024. And now is 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 Vermont. 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.