autoAstat weekly statistics

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

Vol.89

July 23, 2024

July 8 - July 14, 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 14,251 cars. They are considered the best insurance company to buy from. Progressive Insurance followed with 11,219 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!

2015 LAMBORGHINI HURACAN

Final bid: $126,000 USD

Italian Stallion Untamed: The 2015 Lamborghini Huracán LP610-4. This mid-engine masterpiece isn't just stunning; it's a technological marvel. A 5.2L V10 engine roars to life with 610 horsepower, launching the Huracán from 0-60 mph in a mind-bending 3.2 seconds. A 7-speed dual-clutch transmission delivers lightning-fast gear changes, while all-wheel drive ensures precise handling on any road. The Huracán isn't shy; its sharp angles and aggressive stance scream performance.

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3. The most interesting lots

The best cars this week that deserve your attention

2024 BMW M8

Final bid: $41,250 USD

The 2024 BMW M8 it's a sleeper in wolf's clothing, a luxurious beast with a hidden bite. Imagine a sleek, sophisticated design that conceals a monstrous 4.4L twin-turbocharged V8 under the hood. This M8 devours corners with precision handling while offering a surprisingly spacious and comfortable interior. It seamlessly blends luxury appointments with exhilarating performance, ideal for those who crave both style and power without sacrificing practicality.

2022 MERCEDES-BENZ S-CLASS

Final bid: $98,125 USD

The 2022 Mercedes-Maybach S580 transcends the ordinary sedan. It's a rolling statement of ultimate luxury. A chauffeured haven wrapped in a timeless design, its exclusive Maybach touches hinting at the exquisite comfort within. A powerful V8 engine delivers effortless performance, ensuring a serene journey regardless of the destination. It's a first-class experience on wheels, perfect for those who demand the pinnacle of automotive luxury and refinement.

2002 BMW Z8

Final bid: $82,500 USD

The 2002 BMW Z8 is a modern classic reborn. Imagine a roadster with the elegance of a bygone era, powered by a muscular 4.4L V8 engine that churns out 394 horsepower. The sleek lines and convertible top evoke a sense of open-air freedom, while the luxurious leather interior and heated seats ensure a comfortable ride. This isn't just a car; it's a head-turning statement that blends timeless design with exhilarating performance.

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 FORD F-250

Auctions: 6

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

2015 MERCEDES-BENZ GLK-CLASS

Auctions: 190

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 MERCEDES-BENZ GLE-CLASS

Bids: 326

326 bids and no sale!

FINAL BID: $28,500 USD Not sold

2021 BENTLEY CONTINENTAL

Bids: 319

FINAL BID: $91,500 USD Not sold

6. Most Expensive Lots SOLD

2022 ROLLS-ROYCE PHANTOM

Retail value: $624,400 USD

Final bid: $231,000 USD


2012 VOLVO VNL

Retail value: $407,500 USD

Final bid: $173,000 USD


2020 LAMBORGHINI URUS

Retail value: $245,134 USD

Final bid: $144,000 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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2015 CHEVROLET SONIC

SOLD: $25 USD

No way!

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2008 DODGE GRAND CARAVAN

SOLD: $50 USD

No, no! This is imposible!

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2013 DODGE JOURNEY

SOLD: $100 USD

$100 for DODGE JOURNEY?! What!?

8. Price analysis

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

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2016 - 2021 Hyundai Tucson

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 Hyundai Tucson!
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 Montana. You may want to look for your next Hyundai Tucson 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.