autoAstat weekly statistics

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

Vol.74

April 9, 2024

March 25 - March 31, 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.

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 1,370 times this week, followed by the BMW 3 Series (1,169 searches) and TESLA Model 3 (1,106).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 17,584 cars. They are considered the best insurance company to buy from. Progressive Insurance followed with 13,863 cars sold. 

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: $44,625 USD

The 2017 Chevrolet Corvette Z06 1LZ isn't your average Corvette. Imagine a sleek, aerodynamic silhouette whispering performance, housing a supercharged 6.2L V8 that roars with 650 monstrous horsepower. The 1LZ trim focuses on pure driving thrills. It might lack some of the luxuries of higher trims, but it makes up for it in affordability and a focus on performance. Sharp handling and precise steering make the Z06 a blast to carve canyons. The 2017 Corvette Z06 1LZ caters to drivers who crave uncompromising performance.

Illustration

3. The most interesting lots

The best cars this week that deserve your attention

2024 BMW 7 SERIES

Final bid: $75,575 USD

2024 BMW 7 Series 740i xDrive: Luxury Sedan with All-Wheel-Drive Confidence. Powerful Yet Refined: Under the hood, a 3.0L turbocharged inline-6 engine delivers 380 horsepower with a silky smooth character. The all-wheel-drive system (xDrive) ensures you can navigate any road condition with confidence, be it a winding mountain pass or a snowy winter highway. The 2024 BMW caters to those who value both luxury and performance. It's a powerful statement piece that turns heads wherever it goes. 

2022 PORSCHE 911

Final bid: $68,500 USD

2022 Porsche 911 Carrera 4S: Timeless Design Meets Modern Muscle with All-Wheel-Drive Grip. The 2022 Porsche 911 Carrera 4S isn't just a sports car, it's a legend refined. Under the hood, a legendary 3.0L twin-turbocharged flat-six engine purrs with unmistakable Porsche character, unleashing 443 horsepower of exhilarating performance. This isn't about brute force; it's about a perfectly balanced driving experience that allows you to become one with the machine.

1994 ACURA NSX

Final bid: $61,000 USD

The 1994 Acura NSX wasn't just a car, it was a legend in the making. Imagine a sleek, low-slung silhouette with iconic pop-up headlights, whispering Japanese engineering prowess. Unlike some of its Italian rivals, the NSX focused on pure driving pleasure and timeless design. Forget about massive V8s. The NSX hid a technological marvel: a mid-mounted, all-aluminum 3.0L V6 engine. It wasn't about chasing the highest horsepower numbers, but about a high-revving, exhilarating experience that delivered a thrilling 270 horsepower.

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.

2022 FORD F-350

Auctions: 2

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

2021 BMW X7

Auctions: 147

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.

2020 JOHN DEERE

Bids: 275

275 bids and no sale!

FINAL BID: $62,000 USD Not sold

2021 BMW X6 M

Bids: 265

FINAL BID: $28,500 USD Not sold

6. Most Expensive Lots SOLD

2023 MERCEDES-BENZ G-CLASS

Retail value: $351,334 USD

Final bid: $193,000 USD


2020 FERRARI PORTOFINO

Retail value: $251,929 USD

Final bid: $138,000 USD


2018 FERRARI 488

Retail value: $298,425 USD

Final bid: $116,000 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... :)

Illustration

2008 BMW X5

SOLD: $5 USD

No way!

Illustration

2009 LEXUS IS 250

SOLD: $25 USD

No, no! This is imposible!

Illustration

2012 CHEVROLET VOLT

SOLD: $25 CAD

$25 for CHEVROLET VOLT?! What!?

8. Price analysis

This week, I am taking a look at one of the most beloved sedans of recent years: the 2019 - 2024 Audi A4

Illustration

2019 - 2024 Audi A4

You can see that the average price for the car was the cheapest in March 2024. And now is the best time to buy an Audi A4!
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 Vermont. You may want to look for your next Audi A4 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.