autoAstat weekly statistics

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

Vol.68

February 27, 2024

February 12 - February 18, 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 1,303 times this week, followed by the TESLA Model 3 (1,255 searches) and BMW 3 Series (1,184).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 17,020 cars. They are considered the best insurance company to buy from. Progressive Insurance followed with 12,788 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 LUCID AIR

Final bid: $51,475 USD

2023 Lucid Air Touring, where luxury and efficiency tango. Under the hood (or rather, under the spacious cabin), a 620-horsepower electric motor hums with silent power, propelling you from 0-60 mph in a brisk 3.4 seconds. But this isn't just about speed; the Touring boasts an impressive 411-mile range, letting you conquer long journeys without range anxiety. The 2023 Lucid Air Touring isn't just a car; it's a statement. It's for those who value both luxurious comfort and environmental responsibility, who appreciate cutting-edge technology and effortless performance.

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3. The most interesting lots

The best cars this week that deserve your attention

2023 CADILLAC CT4-V BLACKWING

Final bid: $43,750 USD

Forget whisper-quiet sedans. The 2023 Cadillac CT4-V Blackwing is a wolf in sheep's clothing, roaring with 472 untamed horses under a sleek, sculpted exterior. Unleash the beast: Choose between a 6-speed manual for a pure, connected experience or a 10-speed automatic for lightning-fast shifts. Either way, you'll rocket from 0-60 mph in a heart-stopping 3.8 seconds, leaving other luxury sedans in the dust.

2017 ACURA NSX

Final bid: $75,000 USD

The 2017 Acura NSX is a revolution, a hybrid warrior whispering efficiency while unleashing a symphony of power. Sleek lines and a low stance hint at the beast within, while the twin-turbo V6 and three electric motors combine to deliver a mind-bending 500 horsepower. Don't be fooled by the comfort, though. The NSX handles like a dream, with sharp steering, precise handling, and advanced all-wheel drive. It carves corners with confidence, leaving you grinning from ear to ear.

2024 LEXUS TX

Final bid: $41,750 USD

2024 Lexus TX 350: Spacious Luxury, Effortless Power. Bold lines and a commanding presence make a statement, while the spacious interior accommodates families and cargo with ease. Second and third-row seating offer ample legroom and comfort, ensuring everyone enjoys the journey. Under the hood, a 2.4L turbocharged inline-4 engine hums with 275 horsepower, delivering smooth, responsive acceleration. All-wheel drive provides confident grip in any weather, while the comfortable suspension pampers even on long road trips.

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 FORD F-250

Auctions: 17

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

1993 LAND ROVER RANGE ROVER

Auctions: 108

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.

2014 BENTLEY FLYING SPUR

Bids: 295

295 bids and no sale!

FINAL BID: $33,000 USD Not sold

2018 FORD F-150

Bids: 276

FINAL BID: $22,000 USD Not sold

6. Most Expensive Lots SOLD

2022 LAMBORGHINI HURACAN

Retail value: $355,987 USD

Final bid: $212,000 USD


2019 LAMBORGHINI URUS

Retail value: $180,000 USD

Final bid: $156,525 USD


2022 LAMBORGHINI URUS

Retail value: $287,656 USD

Final bid: $141,525 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... :)

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2013 NISSAN SENTRA

SOLD: $2 USD

No way!

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2003 FORD F-550

SOLD: $15 USD

No, no! This is imposible!

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2003 ACURA TL

SOLD: $25 USD

$25 for ACURA TL?! What!?

8. Price analysis

This week, I am taking a look at one of the most beloved SUVs of recent years: the 2019 - 2024 Toyota Highlander

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2019 - 2024 Toyota Highlander

You can see that the average price for the car was the cheapest in January 2023. And now is the best time to buy a Toyota Highlander!
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 Louisiana. You may want to look for your next Toyota Highlander 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.