FAQ

Most of the items on our site do not belong to us. We are only a broker for several large companies that deal in insurance salvage.

We sell items on behalf of several industries:

Insurance companies,
Banks,
Finance companies,
Fleet operators,
Dealers,
Car dealerships,
General public

No in fact all you need to register on our site and participate in car auctions. A government-issued ID and/or passport (for those bidding from outside the U.S.). Additionally, you must be at least 18 years old to join.

It typically takes about 24 hours for us to verify all your information

Registered members will have direct access to 100,000+ vehicles offered by Copart and their own personal bidder account and will be able to participate in online auctions individually. You will have the opportunity to save hundreds, if not thousands, of dollars — all without the need for a dealer’s license. You can go direct to copart.com as well and place a bid but many items do require you have a auto dealers license.

Before you can bid and buy items from out site you must have a minimum of $400 in deposit on file with us. This amount will let you bid a maximum of $4,000. So if you plan to buy more expensive vehicles, the security deposit should be 10% of your maximum bid (for example: To bid $10,000, you need to have a deposit of $1,000). You must pay the security deposit using either a credit or debit card or wire transfer.

This security deposit is necessary to protect us in the event that you fail to pay for an awarded vehicle, as we will be financially responsible. You will forfeit your security deposit if you win a vehicle but fail to pay for it within two days of the sale/award. Deposits are 100% fully refundable but do not factor into the cost of the vehicle, fee or shipping either in part or in full! We can refund security deposits at any time, but all transactions must clear (paid in full) and you must pick up the vehicles from the auction facilities before you can submit a refund request. Generally, We processes refund requests within 5–7 business days and remits your refund to you in the same payment form in which you originally made the deposit. However, We will refund deposits made by debit or credit card or PayPal that are more than 60 days old in the form of a check and mail it to you within 10 business days, for residents of the U.S. and Canada. Residents from all other countries will receive their security deposit refund by wire transfer.

Your deposit simply remains in your account for any future bids you wish to submit. If at any time you wish to request a refund of your deposit, you can request a refund of your deposit.

All the information we have available to share is displayed in the vehicle listing. We list thousands of cars per week and they are located all over the country and we know very little about them. You can also visit any auction location and inspect vehicles yourself. Additionally, you can order inspection services through our company; this option is available in every listing. We strongly encourage you to take advantage of this opiton

Run & Drive is part of Copart’s verification process. If the vehicle is Run & Drive-verified, Copart has confirmed firsthand that, upon arrival at the Copart Auction facility, the vehicle started, could be put into gear and was capable of moving forward under its own power. Please note, however, that this does not speak to or guarantee the vehicle’s condition upon purchase and removal from the premises. It is the sole responsibility of each member to comprehensively inspect and research the condition and history of any vehicle(s) on which he bids, as any vehicle is considered “as is” once removed from the lot. Our company offers members a variety of ways in which to inspect and investigate vehicles before bidding, so you can buy with confidence.

You are responsible for shipping your vehicle(s), as this is not included with the purchase price. Copart does offer discounted shipping if you do not want to pick up the item yourself and makes it easy, and we offer extremely competitive shipping rates. Please contact us today for pricing options and pickup/delivery times.

A car shipping calculator is displayed with every lot page on coparts website, and it is easy to use.

Yes, email us at sales@buyrepocarsforsale and we will be happy to help.

Should You Look Into Buying Repo Cars And Trucks?

Unless you live in a very urban area with lots of mass transit, then owning some kind of vehicle is nearly mandatory for modern life. Your ride is what gets you to work and back, helps you run errands, and hopefully, even sneak in some travel now and again. The upshot is that the average driver keeps their car for 11 years, so you don’t have to go buy one very often. The drawback is that other than your home, it’s likely to be your second-biggest expense in your monthly budget.

Having said that, there are ways to save money on your next ride, and one of them is looking into repo cars and trucks. These are vehicles that had a previous owner, or sometimes someone leasing them, and they failed to keep up with their payments. In some cases, they took out a payday loan against their ride and failed to satisfy the terms and conditions. In any case, their vehicles were repossessed by the lenders, who are now trying to sell them for what they can in order to recoup any money they can get back.

Keep reading to learn the pros and cons of shopping repo cars and trucks!

Pro: Cheaper To Buy – Since lenders and finance companies are looking to get back as much as they can, they might be willing to shed these vehicles at a loss. Their primary profit is off of loan interest, and owning a bunch of vehicles sitting around collecting dust actually costs them storage space and money. If you’re buying through a dealer or lot, you might be able to negotiate the price down a lot, although if they’re just through auctions, it can be hit or miss.

Con: Condition – Anyone who can’t keep up with their car payments or payday loan probably can’t keep their vehicle up to snuff in the first place. The maintenance needs of these kinds of cars can be pretty high, and they’re unlikely to get fixed up by the lender who is looking to dump them quickly and walk away.

Pro: Cheaper To Operate – That’s not to say that there aren’t some savings. These are always going to be used vehicles, so depreciation is your friend in terms of lower rates of insurance and property taxes.

Con: Lack Of Records – Having said that, you’ll also be unlikely to get records of what work was or wasn’t done, so you might not know what needs to be done until something breaks down on you.

As you can see there are upsides and drawbacks both to shopping for repossessed vehicles. They should be cheaper to buy, and you might have more negotiating room to haggle over price. They can also save you money in terms of property taxes and insurance. Then again, the condition of them might not be great to start with, and you might not have any idea what work has or hasn’t happened, and some warranties just won’t transfer through that many owners.