Auto Salvage Monthly – December 2022
The average purchase price of a vehicle at auction fell 8.0% from the first week of November to the first week of December.
The average purchase price of a vehicle at auction fell 8.0% from the first week of November to the first week of December.
Salvage return results were stable in October across the industry.
While the third quarter was initially mostly uneventful, September indeed flipped the script.
August was an encouraging month for salvage returns and claim handling. Average auction purchase prices increased weekly...
If you remember this time last year, we leaned hard into the fantasy football chatter to offer a bold prediction...
The actual vehicles you insure are likely to significantly impact your salvage results more than the market itself at present...
The last week of the month saw the Wholesale Price index cross to 1.01, capping a 10-week rise and bringing wholesale vehicle prices...
The average price of salvage vehicles increased 6.5% across the industry from the first week of April. However, despite the rise...