





| Q: What happens if I am the highest bidder? A: You can call us at 888-423-2114 or 718-809-7786 for your total invoice. Q: How long do I have to make the payment? A: If a vehicle and all applicable fees are not completely paid within 2 business days of purchase including the sale day, a fee of $75.00 per vehicles will be assessed. In addition, storage will begin to accrue on vehicles at the rate of $30.00 per day after 6 days, including sale day, if the high bid was placed over the internet or after 3 days, including sale day, if the high bid was place during preliminary biding using a kiosk at the yard. Q: How do I pay? A: You can pay by the following methods: 1) Bank to Bank Wire Transfer. 2) PayPal 3) Western and Moneygram. Q: What are the charges on top of my bid? A: There are Copart charges and the transaction fee (Greater of $200.00 or 5% of Bid) on top of your bid. The Copart charges are as follows: Sale Price Range Fee $.01- $99.00 $20.00 $100.00 - $199.99 $45.00 $200.00-$399.99 $75.00 $400.00-$599.99 $95.00 $600.00-$799.99 $125.00 $800.00-$999.99 $150.00 $1,000.00-$1,199.99 $175.00 $1,200.00-$1,399.99 $200.00 $1,400.00-$1,699.99 $225.00 $1,700.00-$1,999.99 $250.00 $2,000.00-$2,499.99 $275.00 $2,500.00-$2,999.99 $300.00 $3,000.00-$3,999.99 $325.00 $4,000.00-$17,499.99 $350.00 $17,500+ 2% of Sales Price Homeowners Items 20% of Sales Price Copart offers bidding kiosks in the lobbies of all of its facilities. These kiosks can be used to place preliminary bids on vehicles located at that particular yard. If a winning bid was placed on a vehicle using a kiosk located at that yard, no internet fees are assessed against that vehicle. If the winning high bid was placed during Preliminary Bidding via the internet, Copart charges a convenience fee to the high bidder. The fee is based upon the high bid amount: a fee of $35.00 for sale prices from $1.00 up to $999.99, a fee of $50.00 for sale prices from $1,000.00-$1,999.99, a fee of $75.00 for sale prices of $2,000.00 or higher. If the winning high bid was placed during the live Virtual Auction, then the fee is $35.00 regardless of sale price. Gate Fee A $30.00 Gate/Loading fee is assessed to all vehicles. This fee covers the movement of the vehicle from Copart’s sale/storage facilities to the buyer’s loading area. For buyers who are picking up the vehicle with vehicle transporters, this fee covers the time and manpower required to assist the driver in loading the vehicle onto the truck. Drivers are 100% responsible for securing their load at all times. Q: Can J & L Auto Brokers. assist us with transportation? A: Yes, we can assist with transportation. We would advise to consult with us first before you bid on the vehicle for the quote and if we will be able to transport the vehicle for you. Q: When do I receive the title? A: You will receive the title after we process it. We will have to do a sale to you and once the sale is complete you will receive your title. This can take up to 1-2 weeks depending on the type of sale. We would advise you to check with your state laws to see how you can go about with registering the vehicle in your state. Q: How do I register a salvage vehicle and get plates for it? A: You will have to check with your state to find out how you can register a salvage vehicle in your state. Most states require an inspection before you can register the salvage car for driving. |