autoAstat weekly statistics

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

Vol.91

August 6, 2024

July 22 - July 28, 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

Top sellers of the week

Illustration

State Farm Insurance was the leader in sales this week. They sold 11,430 cars. They are considered the best insurance company to buy from. Progressive Insurance followed with 10,810 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

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!

2016 Ferrari 488

Final bid: $120,000 USD

The 2016 Ferrari 488 GTB is a symphony of Italian engineering. This mid-engine masterpiece blends raw power with breathtaking design. A twin-turbocharged V8 roars to life, propelling you from zero to sixty in a blur. It's more than a car; it's an experience, a testament to Ferrari's unwavering pursuit of performance and style. 

Illustration

3. The most interesting lots

The best cars this week that deserve your attention

2023 BMW M4

Final bid: $46,025 USD

The 2023 BMW M4 Competition xDrive is a high-performance masterpiece. Blending raw power with precise handling, it's a driver's dream come true. This M car offers a perfect balance of luxury and athleticism, making it equally at home on the racetrack or city streets. All-wheel drive ensures grip in any condition, while the twin-turbo inline-six engine delivers exhilarating performance. It's a testament to BMW's engineering prowess and a must-have for performance enthusiasts.   

2024 Tesla Cybertruck

Final bid: $73,000 USD

The 2024 Tesla Cybertruck All-Wheel Drive is a futuristic force of nature. With its angular design and electric powertrain, it redefines what a pickup truck can be. Built for adventure and utility, it's a blank canvas for those seeking a vehicle that defies convention. This all-electric workhorse offers impressive range, towing capacity, and Tesla's signature technology, making it a bold choice for the eco-conscious adventurer.

2022 BMW Alpina XB7

Final bid: $57,00 USD

The 2022 BMW Alpina XB7 is a luxury SUV on steroids. Blending Alpina's performance prowess with BMW's opulence, it's a head-turning behemoth. With its twin-turbo V8 engine, this SUV defies its size, offering a surprisingly dynamic driving experience. It's a statement of power, luxury, and engineering excellence, all rolled into one impressive package.  

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 BMW M5

Auctions: 21

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

2017 Jaguar F-PACE

Auctions: 157

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.

2024 Buick Enclave

Bids: 310

310 bids and no sale!

FINAL BID: $30,750 USD Not sold

2018 Land Rover Range Rover

Bids: 277

FINAL BID: $27,350 USD Not sold

6. Most Expensive Lots SOLD

2022 John Deere Tractor

Retail value: $452,774 USD

Final bid: $200,000 USD


2017 Lamborghini Aventador

Retail value: $581,872 USD

Final bid: $136,025 USD


2023 Mercedes-Benz G-Class

Retail value: $236,397 USD

Final bid: $133,000 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 Nissan Titan

SOLD: $25 USD

No way!

Illustration

2011 Chevrolet Cruze

SOLD: $25 USD

No, no! This is imposible!

Illustration

2006 Honda Pilot

SOLD: $25 USD

$25 for Honda Pilot?! What!?

8. Price analysis

This week, I am taking a look at one of the most beloved sedans of recent years: the 2014 - 2019 Toyota Corolla

Illustration

2014 - 2019 Toyota Corolla

You can see that the average price for the car was the cheapest in December 2023. And now is the best time to buy a Toyota Corolla!
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 North Dakota. You may want to look for your next Toyota Corolla 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.