autoAstat weekly statistics

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

Vol.69

March 5, 2024

February 19 - February 25, 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 1,213 times this week, followed by the BMW 3 Series (1,140 searches) and TESLA Model 3 (1,117).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 17,399 cars. They are considered the best insurance company to buy from. Progressive Insurance followed with 14,406 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 AUDI E-TRON GT

Final bid: $40,300 USD

Imagine a sleek, sculpted silhouette whispering luxury as it glides past, propelled by the silent symphony of electric power. That's the 2023 Audi e-tron GT Premium, where cutting-edge technology meets timeless design. Under the hood (or rather, under the spacious cabin), dual electric motors unleash 590 horsepower and rocket you from 0-60 mph in a heart-stopping 2.9 seconds. But this isn't just about raw power; the e-tron GT boasts an impressive 232-mile range, letting you conquer daily commutes and weekend getaways without range anxiety. The 2023 Audi e-tron GT Premium isn't just a car; it's a statement. It's for those who value environmental responsibility without compromising on performance and luxury. It's a testament to Audi's commitment to the future of electric mobility.

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3. The most interesting lots

The best cars this week that deserve your attention

2022 FORD F-150 LIGHTNING

Final bid: $46,175 USD

The 2022 Ford F-150 Lightning Lariat electrifies the iconic truck, transforming it into a powerful workhorse with a silent edge. Imagine a 320-mile range whispering efficiency, while 532 horsepower roars with capability. The 2022 F-150 Lightning isn't just a truck; it's a statement. It's for those who demand capability and efficiency without sacrificing comfort. It's the future of work, ready to conquer any task, silently and powerfully.

2023 MASERATI GRECALE

Final bid: $40,875 USD

That's the 2023 Maserati Grecale Modena, a compact luxury SUV blending elegance and performance. Sculpted lines whisper Italian design heritage, while the optional panoramic sunroof bathes the luxurious interior in natural light. Under the hood, a 2.0L turbocharged engine and 48V mild-hybrid system deliver spirited acceleration and impressive efficiency. All-wheel drive ensures confident grip in any weather, while the available air suspension provides a smooth, comfortable ride.

2024 GMC HUMMER EV

Final bid: $54,500 USD

2024 GMC Hummer EV 3X: Off-Road Beast with Electrified Bite. An electric beast that whispers sustainability while devouring trails. Forget the gas-guzzlers of the past. This Hummer boasts a triple-motor drivetrain, shredding the 0-60 mph sprint in a mind-bending 3.5 seconds. It's not just fast, crabwalk mode lets you defy any obstacle, while ultravision cameras provide a 360-degree view for navigating tight spots.

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 GMC SIERRA 2500HD

Auctions: 2

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

2006 HUMMER H2

Auctions: 177

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.

2023 MERCEDES-BENZ EQS

Bids: 312

312 bids and no sale!

FINAL BID: $42,750 USD Not sold

2012 MACK GU GRANITE

Bids: 306

FINAL BID: $40,000 USD Not sold

6. Most Expensive Lots SOLD

2019 CATERPILLAR

Retail value: $600,075 USD

Final bid: $152,000 USD


2022 FERRARI ROMA

Retail value: $270,000 USD

Final bid: $150,000 USD


2022 MERCEDES-BENZ G-CLASS

Retail value: $218,562 USD

Final bid: $149,000 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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2006 INFINITI G35

SOLD: $10 USD

No way!

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2004 BMW X3

SOLD: $25 USD

No, no! This is imposible!

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2008 SUBARU LEGACY

SOLD: $25 USD

$25 for SUBARU LEGACY?! What!?

8. Price analysis

This week, I am taking a look at one of the most beloved sedans of recent years: the 2013 - 2018 Audi A6

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2013 - 2018 Audi A6

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 Audi A6!
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 Wyoming. You may want to look for your next Audi A6 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.