The fee for sales higher than $100,000 is capped at $5,000. If you are a Florida resident or Canada resident buying a vehicle in Canada the minimum fee is $350. Our broker fee is 5% of the final sales price, with a minimum fee of $250. Copart Auction FeesД¬opart Auto Auction fees vary based on the final sales price of the vehicle, please visit the fees tab here. In addition to the final sales price the buyer pays Copart Auction Fees and our Broker Fee. The final sale price does not include Copart Auction Fees or our broker fees.' but actually put it like this 'The final sale price does not include Copart Auction Fees or our broker fee. The buyer pays Copart Auction Fees and Broker Fees. So make sure ahead of time that you have enough funds to pay for the vehicle you plan to purchase. If the invoice is not paid, to us in the form of a wire transfer or direct deposit within 3 working days, the lot will relist, you will lose the Security Deposit and pay a Cancelation Fee. After clicking Buy Now button you will be redirected to a page with the invoice which you have to pay within 3 working days. Though you can still bid on these vehicles if you wish, buyers can also purchase them immediately for a predetermined price. Buy it NowД«ypass the bidding on certain vehicles labeled as Buy It Now. Even when Sellers donвЂ™t counter bid on these vehicles, the high bid on an offer remains open to acceptance by the Seller until 6 p.m.

Compete against other Members to become the high bidder, and if your bid is the highest when the circular, dynamic countdown timer stops, you win the sale of the vehicle.ДЄt this point, Sellers who have placed a minimum bid or declared the vehicle Sold on Approval can directly counter bid the high bidder after the sale ends. Live BiddingДЇrom the Live Auctions menu, click on Join Auctions and bid from your computer by selecting from one of the automatic increment options or choosing your own bid amount (Monster Bid). Pre-bidding is open to all Members who meet minimum deposit requirements. Note that when there is a tie between pre-bid and live bid amounts, the virtual (live) bidder prevails as the highest bidder on the item. Your pre-bid will be represented during the live auction and could be the winning bid if no other bidder submits a higher bid during either the pre-bid phase or the live auction. When you pre-bid, you place an incremental value bid on the vehicle prior to the sale. In you can place preliminary bids, or pre-bids, prior to and during the live auction, as late as two minutes or two units before the vehicle appears on the block. The bidding process is strictly done online, and is divided in two parts: Preliminary Bidding and Live Bidding.

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