autoAstat weekly statistics

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

Vol.85

June 25, 2024

June 10 - June 16, 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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Top sellers of the week

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State Farm Insurance was the leader in sales this week. They sold 15,806 cars. They are considered the best insurance company to buy from. Progressive Insurance followed with 12,363 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!

2022 CHEVROLET CORVETTE

Final bid: $53,525 USD

The 2022 Chevrolet Corvette 1LT sheds its front-engine past, transforming into a mid-engine marvel. Imagine a sculpted athlete with a powerful heart, ready to conquer the road with exhilarating precision. This isn't just a Chevy; it's a head-turning icon reborn, offering supercar performance at a fraction of the cost.

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3. The most interesting lots

The best cars this week that deserve your attention

2024 AUDI RS E-TRON GT

Final bid: $52,500 USD

The 2024 Audi RS e-tron GT electrifies the road. A four-door silhouette sculpted for speed, its electric heart whispering promises of neck-breaking acceleration. This isn't just a luxury car; it's a technological marvel disguised as a head-turning masterpiece. With e-tron power, it delivers sustainable thrills, blurring the lines between luxury and exhilarating performance.

2024 GMC HUMMER EV

Final bid: $40,500 USD

The 2024 GMC Hummer EV 3X plugs muscle back into electric. This behemoth merges legendary Hummer off-road capability with earth-friendly electric power. A silent storm conquering trails with zero emissions, then transforming into a luxurious SUV for the road. It's a force of nature, tamed for the environmentally conscious adventurer.

2023 BMW I7

Final bid: $62,000 USD

The 2023 BMW i7 xDrive60 isn't your ordinary luxury sedan. It's a whisper-quiet revolution on wheels. Picture a spacious, tech-filled interior cocooned within a sleek, sophisticated design. This electric powerhouse delivers effortless power and impressive range, all while cloaked in undeniable BMW luxury. While the price tag reflects its cutting-edge technology, the i7 xDrive60 offers a serene and powerful driving experience, a glimpse into the future of electric luxury.

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 RAM 1500

Auctions: 3

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

2015 PORSCHE MACAN

Auctions: 141

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.

2021 BENTLEY FLYING SPUR

Bids: 307

307 bids and no sale!

FINAL BID: $87,500 USD Not sold

2023 CHEVROLET SUBURBAN

Bids: 285

FINAL BID: $28,250 USD Not sold

6. Most Expensive Lots SOLD

2023 BENTLEY CONTINENTAL

Retail value: $344,434 USD

Final bid: $139,000 USD


2024 PORSCHE 911

Retail value: $163,465 USD

Final bid: $130,000 USD


2024 TESLA CYBERTRUCK

Final bid: $125,000 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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2008 DODGE CHARGER

SOLD: $25 USD

No way!

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2004 VOLKSWAGEN NEW BEETLE

SOLD: $25 USD

No, no! This is imposible!

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2002 JEEP GRAND CHEROKEE

SOLD: $25 USD

$25 for GRAND CHEROKEE?! What!?

8. Price analysis

This week, I am taking a look at one of the most beloved sedans of recent years: the 2013 - 2019 Cadillac ATS

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2013 - 2019 Cadillac ATS

You can see that the average price for the car was the cheapest in February 2024. And now is the best time to buy a Cadillac ATS!
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 Cadillac ATS 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.