How do I register to bid?
You can register to bid by entering your information atthis page. You will receive an email asking you to verify your email address and this is required to place a bid. If you don't see the email, be sure to check your spam or junk folder, as these emails are often mislabeled as spam.
When registering, if you reside in the US or Canada please submit your government issued photo ID, if you are a resident of another country please submit your passport as it must be on file to bid.
How does the bidding process work?
The bidding process is carried out strictly online and is divided into two parts: Preliminary Bidding and On-site Bidding.
At SalvageBoatsAuction.com you can place preliminary bids, or pre-bids, before and during the live auction, up to two minutes or two units before the vehicle appears on the block. When you pre-offer, you are making an incremental value offer on the vehicle prior to the sale. Your pre-bid will be represented during the live auction and may be the winning bid if no higher bid is submitted by any other bidder during the pre-bid phase or in the live auction. Please note that when there is a tie between the pre-bid and live bid amounts, the virtual (live) bidder prevails as the highest bidder on the item. The pre-bid is open to all SalvageBoatsAuction.com members who meet the minimum deposit requirements.
From the Live Auctions menu, click Join Auctions and place a bid on your computer, selecting one of the auto-increment options or choosing your own bid amount (Monster Bid). Compete against other members to become the highest bidder, and if your bid is the highest when the dynamic circular countdown stops, you win the sale of the vehicle.
At this point, sellers who have placed a minimum offer or stated that the vehicle was approved for sale can directly counter-offer the higher offer after the sale is complete. Even when Sellers do not counter-offer these vehicles, the highest bid in an offer remains open for Seller's acceptance until 6:00 p.m. m. the next business day after the sale.
Ignore offers on certain vehicles labeled Buy It Now! While you can still bid on these vehicles if you want, buyers can also buy them immediately for a predetermined price. After clicking the Buy Now button, you will be redirected to a page with the invoice that you must pay within 3 business days. If you do not pay us the invoice via bank transfer or direct deposit within 3 business days, the lot will be relisted, you will forfeit the security deposit and you will pay a cancellation fee. So make sure you have enough funds up front to pay for the vehicle you plan to buy.
How much are the buyer's fees?
Buyer pays Copart auction fees and broker fees. Final sale price does not include Copart's auction fees or our broker's fees." In addition to the final sale price, buyer pays Copart's auction fees and our broker fee.
Copart Auction Fees
Copart Auto Auction fees vary based on the final sale price of the vehicle, please visit the fees tabhere.
SalvageBoatsAuction.com Broker Fee
Our brokerage fee is 5% of the final sales price, with a minimum fee of $250. If you are a resident of Florida or a resident of Canada purchasing a vehicle in Canada, the minimum fee is $350. For sales over $100,000, is capped at $5,000. We do not charge document fees.
Storage Fees and Late Payments
If the price of the vehicle and all applicable fees are not paid in full within 3 business days of purchase, including the day of sale, Copart will charge a late payment fee of $50.00 per vehicle. If the vehicle is not picked up from the Copart yard within the first three days of purchase (including the day of purchase), storage will be charged on weekends and holidays, unless the weekend or holiday falls within the first three days. Storage fees may vary by location and can be foundhere.
All rates are non-negotiable and may change without notice.
What is the condition of the vehicles?
This is a very important question. We primarily sell salvage titled vehicles to insurance companies. It's also important to note that not all salvage cars for sale are in poor condition, insurers "total" some vehicles just because the repair costs were believed to be greater than the actual cash value (ACV) of the vehicle. , but even if the vehicle has a clean title, you should expect some damage. Please note that if you are looking for a car in perfect condition, we may not be the right site for you.
We encourage buyers to inspect vehicles before registering with us. You are purchasing the vehicle "AS IS - WHERE IS", "with all faults" and without any warranty of any kind, expressed or implied. Buyer is responsible for determining, confirming, researching, inspecting and researching a vehicle and any information related to said vehicle prior to bidding on it. You will be satisfied with your purchase based on your research and expectations.
How to inspect the vehicles?
We encourage all of our buyers to visit the Copart facility where the vehicle is stored and inspect it, you can do so even before registering with us. To inspect a vehicle, simply sign up as a free/basic member at Copart.com and it will allow you into the yard. If you click on the image or lot number of a vehicle you are interested in, you will be directed to the page with the vehicle's information, including location. Click on "location" and it will provide you with the address and phone number of the yard where the vehicle is stored. We're sorry, but we don't have any additional vehicle information other than what's on the vehicle information page. Contact the shipyard before visiting.
What is the Security Deposit used for?
The security deposit protects SalvageBoatsAuction.com in the event you do not pay for the vehicle you purchased, as we are responsible for ensuring payment of winning vehicles to Copart. Security deposit must be a minimum of $400 or 10% of the offer amount (whichever is greater), as the amount of your deposit limits the amount of your offer. You lose your security deposit if you take delivery of a vehicle and fail to comply with all payment terms and conditions. The deposit is refundable if you do not buy the vehicle or if you request it after fulfilling all the payment conditions. The security deposit CANNOT be used to pay for vehicles and must be paid in full before you can bid.
How can I increase my Deposit?
You will need to log in to SalvageBoatsAuction.com to top up your deposit. The password you received upon registration will be the password you will use to log in to our website. Once you log into our website you can increase your deposit, you must have $400 in security deposit or 10% of your maximum bid, and if you need to bid on a second vehicle, every $600 added to the deposit will will allow bidding on another vehicle
What payment methods are accepted for the purchase of vehicles?
We ONLY accept wire transfers or direct deposits to our Bank of America account. Account information will be sent to you as a PDF attachment to your email labeled Purchase Confirmation or Payment Information. You MUST notify us when you submit payment for a vehicle. We do NOT accept credit cards, Money Gram or Western Union for the final payment of the vehicle. You cannot make a payment in Copart. Payment made to Copart will result in additional penalties and termination of your account.
Do you offer shipping?
We do not provide transportation services. However, for your convenience, you can use the uShip shipping quote found on our website. By using uShip shipping estimates, you will always find cheaper services than shipping services offered by other brokers. We are not affiliated with them, this service is a courtesy. In addition, we recommend that you contact the DMV in your local country or state for information on which vehicles are acceptable for export.
When can I pick up the vehicle I bought?
The bank transfer can take from 1 to 3 hours to show as available. Please note that if you deposit a cashier's check, money order or regular check, it will take 24 hours for the bank to make the funds available in our account for payment and we will only be able to pay Copart when payment is available to us . not when you sent it. For international transfers, check with your bank how long it may take to be available. Again, if you pay at the Copart yard, you will be penalized and your account may be closed.
Once full payment has been received and the vehicle documents are electronically signed, we will notify you and you can pick up the vehicle at the Copart yard. In no case is it allowed to remove the vehicle from the parking lot, it is necessary to send a transport company to remove the vehicle.
Can I put the title in someone else's name?
No. All bonuses are issued to the account holder. If the account holder requests to change the name on the title, we will only accept written requests via email. Only immediate family members with the same last name can be added as owners. If you want to add a non-family member, the person can only be added as a co-owner.
How do I close my account?
If you wish to cancel your account, please be sure to call or email us BEFORE your subscription renews to cancel your subscription. You will not automatically receive your deposit refund; you need to request it and you will have to wait up to 7 business days for it to be available on your credit card. Refunds of deposits older than 90 days are subject to additional fees.