autoAstat weekly statistics

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

Vol.70

March 12, 2024

February 26 - March 3, 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 1,312 times this week, followed by the BMW 3 Series (1,309 searches) and TESLA Model 3 (1,239).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 18,284 cars. They are considered the best insurance company to buy from. Progressive Insurance followed with 14,458 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 BMW XM

Final bid: $94,500 USD

The 2023 BMW XM Base isn't your average SUV. It's a head-turning blend of bold design and exhilarating power, but whispers a secret under the hood: a plug-in hybrid drivetrain. A twin-turbo V8 and electric motor combine to unleash a ferocious 650 horsepower, propelling you forward with neck-snapping acceleration. Plush leather seats cradle you in comfort, while a curved display puts the car's technology at your fingertips. But don't forget the sporty accents, like the optional M seats, hinting at the performance lurking beneath the elegance.

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3. The most interesting lots

The best cars this week that deserve your attention

2021 CADILLAC ESCALADE

Final bid: $44,250 USD

The 2021 Cadillac Escalade Premium Luxury is a first-class cabin on wheels, whispering comfort and capability with every mile. Bold lines and a commanding presence make a statement, while the spacious interior with premium materials welcomes you and your passengers in luxurious embrace. Under the hood, a powerful 6.2L V8 engine hums with authority, delivering smooth and confident performance. All-wheel drive ensures you can tackle any terrain, while the available air suspension provides a comfortable ride on any road.

1995 TOYOTA SUPRA

Final bid: $76,000 USD

1995 Toyota Supra Turbo Sport Roof: Retro Legend Unbound
The 1995 Toyota Supra Turbo Sport Roof isn't just a car, it's a 90s icon reborn. Imagine a sleek, sculpted silhouette whispering timeless design, housing a legendary twin-turbocharged 3.0L inline-6 engine that roars pure power. This isn't your average roof. The removable targa top lets you bask in the open-air thrill, transforming the Supra into a convertible legend. The 1995 Supra Turbo Sport Roof isn't for everyone. It's for enthusiasts who crave uncompromising performance and a slice of automotive history. It's a legend on wheels, waiting to be unleashed.

2020 MERCEDES-BENZ AMG GT

Final bid: $42,750 USD

2020 Mercedes-AMG GT Cabrio: Open-Air Beast with Refined Soul. Sculpted lines whisper elegance, yet hint at the beast within. The folding fabric roof disappears in a mere 11 seconds, transforming the GT into a luxurious open-air thrill machine. Inside, a luxurious haven awaits. Plush leather seats cradle you in comfort, while the driver-focused cockpit puts a symphony of technology at your fingertips. Let the optional Burmester sound system become the soundtrack to your open-air adventures.

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.

2021 DODGE CHARGER

Auctions: 7

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

2021 TESLA MODEL 3

Auctions: 133

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 ACURA NSX

Bids: 285

285 bids and no sale!

FINAL BID: $43,500 USD Not sold

2021 MERCEDES-BENZ GLE-CLASS

Bids: 272

FINAL BID: $59,000 USD Not sold

6. Most Expensive Lots SOLD

2022 LAMBORGHINI HURACAN

Retail value: $293,547 USD

Final bid: $191,000 USD


2023 KENWORTH T880

Retail value: $248,527 USD

Final bid: $189,000 USD


2021 PORSCHE 911

Retail value: $262,383 USD

Final bid: $137,000 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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2000 MAZDA MX-5 MIATA

SOLD: $2 USD

No way!

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2003 VOLVO S60

SOLD: $25 CAD

No, no! This is imposible!

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2011 FORD ESCAPE

SOLD: $25 USD

$25 for FORD ESCAPE?! What!?

8. Price analysis

This week, I am taking a look at one of the most beloved SUVs of recent years: the 2016 - 2021 Jeep Grand Cherokee

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2016 - 2021 Jeep Grand Cherokee

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 Jeep Grand Cherokee!
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 Jeep Grand Cherokee 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.