autoAstat weekly statistics

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

Vol.80

May 21, 2024

May 6 - May 12, 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 1,301 times this week, followed by the BMW 3 Series (1,162 searches) and BMW X5 (1,130).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 17,570 cars. They are considered the best insurance company to buy from. Progressive Insurance followed with 12,821 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!

2024 TESLA CYBERTRUCK

Final bid: $141,000 USD

The 2024 Tesla Cybertruck it's a head-turning electric machine designed with a futuristic, ultra-sharp exoskeleton and built for power and durability. Imagine a stainless-steel wedge on wheels that turns heads wherever it goes, now equipped with all-wheel drive for any terrain. The Cybertruck throws out conventional truck design with its sharp angles and flat panels. Two electric motors provide all-wheel drive and impressive acceleration, making this heavy-duty truck surprisingly quick on its feet.

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3. The most interesting lots

The best cars this week that deserve your attention

2022 LAMBORGHINI HURACAN

Final bid: $166,000 USD

The 2022 Lamborghini Huracán STO brings the thrill of a track-focused race car to the street. Imagine the heart-pounding performance and aerodynamic design of a Lamborghini, honed for razor-sharp handling and exhilarating speed, yet surprisingly legal to drive on public roads. This isn't your everyday Huracán; it's a force of nature disguised in a sleek Italian silhouette, ready to unleash its fury at your command.

2020 ASTON MARTIN DB11

Final bid: $67,000 USD

Imagine open-air motoring bliss behind the wheel of a handcrafted masterpiece. The 2020 Aston Martin DB11 Volante is a drop-top grand tourer that blends legendary British style with exhilarating performance. With the top down, you can cruise along, savoring the throaty roar of the engine and the wind in your hair. This is elegance in motion, a perfect blend of power and luxury for the discerning driver who wants every journey to be an unforgettable experience.

2002 PORSCHE 911

Final bid: $56,375 USD

The 2002 Porsche 911 GT2 was a beast on wheels. Distilled racing heritage roared from its engine, promising blistering performance for the purist driver. Forget creature comforts; this lightweight champion prioritized raw power and precision handling, a true driver's machine built for the thrill of the chase on the track or the open road.

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.

2017 JEEP RENEGADE

Auctions: 4

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

2019 MERCEDES-BENZ SL-CLASS

Auctions: 103

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.

2019 FREIGHTLINER 108SD

Bids: 306

306 bids and no sale!

FINAL BID: $42,250 USD Not sold

2021 JEEP GRAND CHEROKEE

Bids: 294

FINAL BID: $27,250 USD Not sold

6. Most Expensive Lots SOLD

2020 LAMBORGHINI AVENTADOR

Retail value: $1,101,075 USD

Final bid: $568,000 USD


2022 FORM BOAT

Retail value: $904,815 USD

Final bid: $245,000 USD


2021 ROLLS-ROYCE CULLINAN

Retail value: $335,000 USD

Final bid: $209,000 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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2003 MITSUBISHI ECLIPSE

SOLD: $20 USD

No way!

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2009 NISSAN SENTRA

SOLD: $25 USD

No, no! This is imposible!

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2015 FORD FOCUS

SOLD: $25 USD

$25 for FORD FOCUS?! What!?

8. Price analysis

This week, I am taking a look at one of the most beloved trucks of recent years: the 2014 - 2018 GMC Sierra 1500

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2014 - 2018 GMC Sierra 1500

You can see that the average price for the car was the cheapest in April 2024. And now is the best time to buy a GMC Sierra 1500!
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 Maine. You may want to look for your next GMC Sierra 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.