autoAstat weekly statistics
Weekly statistics, trends, prices, insights, auction scam and the most interesting vehicles from the salvage car market
July 16, 2024
July 1 - July 7, 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.
Top sellers of the week
Salvage cars sales volume
Top country buyers
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 AUDI SQ8
Final bid: $46,250 USD
The 2022 Audi SQ8 Premium is a symphony of power and comfort. This high-performance SUV boasts a twin-turbocharged V8 engine that rockets from 0-60 mph in a heartbeat. Yet, the meticulously crafted interior pampers passengers with advanced technology and premium materials. It's the ultimate everyday adrenaline rush, perfectly suited for those who crave both performance and sophistication.
3. The most interesting lots
The best cars this week that deserve your attention
2020 BMW I8
Final bid: $60,675 USD
The 2020 BMW i8 was a head-turning hybrid masterpiece. Imagine a futuristic silhouette with scissor doors, housing a powerful plug-in hybrid drivetrain. This wasn't just a sports car; it was a statement on sustainable performance. The i8 offered exhilarating acceleration and a surprising electric range, all wrapped in a design that defied convention.
2024 LEXUS LC 500
Final bid: $72,000 USD
The 2024 Lexus LC 500 is a sculpted symphony of power and luxury. A head-turning design that pulses with the heart of a roaring 5.0L V8 engine. This Lexus isn't about neck-snapping acceleration (though it delivers that too). It's about a smooth, powerful grand touring experience, perfect for carving canyons or cruising the highway in style. While a higher trim might offer more bells and whistles, the LC 500 focuses on the pure joy of driving a stunning and powerful machine.
2013 NISSAN GT-R
Final bid: $45,000 USD
This iconic Japanese supercar boasts a twin-turbocharged V6 engine that rockets from 0 to 60 in a heart-stopping timeframe. But the GT-R Premium isn't all brute force. Heated leather seats and a driver-focused cockpit create a surprisingly luxurious experience. It's the perfect combination of weekend track warrior and weekday head-turner, offering both pulse-pounding thrills and everyday usability.
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.
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.
6. Most Expensive Lots SOLD
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... :)
8. Price analysis
This week, I am taking a look at one of the most beloved SUVs of recent years: the 2011 - 2019 Ford Explorer
2011 - 2019 Ford Explorer
You can see that the average price for the car was the cheapest in June 2024. And now is the best time to buy a Ford Explorer!
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.
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 West Virginia. You may want to look for your next Ford Explorer in that area!
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.