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How To BuyStep 1: Register.Registration Process I.D. Required for Registration: Types of Registration Our trial registration is free, no registration fee is required, just the initial security deposit of $400 which is fully refundable at any time. It is valid for 15 days. During this period of time it enables you to browse the Copart Auto Auctions website, choose, bid and purchase only one vehicle. Security Deposit If you have an annual registration and you wish to bid on more than one vehicle at the same time, your security deposit must include at least $400 for each vehicle you want to bid on. Example: If you want to bid on two vehicles at the same time you must have at least $800 in your security deposit. This will allow you to bid up to $4,000 on each vehicle or a combined total of $8,000 on both vehicles. If you want to bid more than a total of $8,000 on both vehicles then you have to increase your security deposit so that it contains at least 10% of the total amount of money you wish to bid. Similarly, if you would like to bid on three vehicles at the same time, you should have at least $1,200 in your deposit. This will enable you to bid up to $4,000 on each vehicle or a combined total of $12,000 on three vehicles. Please Note: The security deposit can not be used to pay for a vehicle either in part or in full. It is fully refundable at any time upon request, provided that there are no unfinished transactions or pending payments in your account. How to request a refund on your security deposit. If at any time you wish to get either a partial or full refund of your security deposit, simply click here, login and fill out the deposit request form. Please note, that all transactions must be finished and all balances paid before a refund can be requested. Generally refund requests are processed between 5-7 business days and your refund is remitted to you in the same payment form the deposit was originally made. However, deposits made by debit or credit card or PayPal that are more than 60 days old are refunded in the form of a check, mailed to you within 10 business days for US and Canada.
Step 2: look for the car you want.Once your registration is complete and your account is active, you have full access to Copart Auto Auctions where you can browse and bid on salvage vehicles. Just go to http://member.copart.com/c2/, then log in, and start searching for and biding on the vehicle(s) you want. Professional Report Visit Copart Auto Auctions
Step 3: Bid on the vehicle(s) you are interested in purchasing.Bidding on the vehicle(s) you would like to purchase is as easy and convenient as it is exciting! Just go to http://member.copart.com/c2/, then log in as member and start browsing for the vehicle(s) you want, and bid on them. There are two ways of bidding: Virtual Bidding and Preliminary Bidding. How COPART VB2 Works
As a market leader in vehicle remarketing technology, Copart applies its technology to improve and increase returns enabling buyers to submit bids over the internet on vehicles available in physical locations, and although Copart was the first vehicle auction company, opened in 1998, it was in 2001 that Copart introduced their virtual bidding system which made Copart a truly interactive platform for live auctions. Copart then developed their new VB2, Virtual Bidding – Generation 2, in 2003, as a revolutionary tool which enabled Copart to become a global remarketing company for vehicles sellers and buyers. VB2 technology was a combination of two bidding processes, competitive and open preliminary bidding followed by a virtual sale. Preliminary bidding enables members from around the world to view vehicles, enter bids through kiosks located at any Copart facility or using the internet. Through preliminary bidding, members can enter maximum bids for vehicles they are interested in and Copart’s Bid4U system will automatically bid on the member’s behalf using incremental increases. Outbid members receive notice by email and then are given opportunity to re-bid, if they choose too. After receiving a member’s transfer vehicle title, their vehicle is set for a Virtual Sale, while local and internet members continue to compete using the preliminary bidding process until one hour before the actual internet virtual sale begins. Throughout the Virtual Sale, Copart’s web server conducts an auction-like internet sale, while members from anywhere around the world can join log in to the Copart website and join the Virtual Sale. After the sale starts, five virtual images of each vehicle are displayed, as well as the current high bid from the preliminary bidding period. Preliminary bids are represented by Bid4U during the Virtual Sale, and when the bidding finally stops, a countdown is initiated, but if nobody bids during the countdown, the vehicle is then considered sold to the highest bidder. This process is simple, user-friendly, and fast. Committed to its members, Copart offers innovative services and products that propel the vehicle remarketing marketplace forward. Preliminary Bidding Those who have a busy schedule can take advantage of Copart’s unique preliminary bidding system, which allows you to place your maximum bid on the vehicle(s) of your interest, 24 hours a day, at any time up to one hour before the auction. This system is called BID4U. BID4U makes the bidding process easier and more efficient. BID4U represents the highest preliminary bidder during the virtual auction. You simply enter the maximum price you are willing to pay for the lot during preliminary bidding, and BID4U will bid on your behalf up to your maximum bid during the virtual auction. Virtual Bidding Virtual Bidding VB2 is done in real time, as the Virtual Auction takes place. The Sale date indicates the date in which the vehicle(s) you are interested in will be auctioned. The item number indicates the order in which they will be auctioned. The Current Bid is the highest price offered for this lot at this time. There may be a higher maximum bid being represented by BID4U. (exact time) Please Note: Once you enter a bid, you can not lower it nor delete it. You can, however, increase it at any time. In case of a tie between a Virtual Bidder and a Preliminary Bidder – Bid Increment Option ( Copart does our best to prevent ties from happening. However, when they do, it is Copart’s policy to award the vehicle to a Virtual bidder. If you are encountering problems when placing your bid, it could be for one of the following reasons: Registration process may not be complete. Make sure you provide us with a copy of your ID. E-mail a copy of your ID to info@easyexport.us or fax it to +1-708-844-0298 you can also upload it by logging into your account and selecting the tab called FORMS at https://easyexport.us/user/login. US Residents may provide us with either a copy of their driver’s license or state I.D. Non US Residents with a copy of their passport. If the following message appears on your screen: “We're sorry. You have exceeded your bidding limits. Your bid cannot be accepted.” You have insufficient funds in your security deposit to make the bid you want. The security deposit should consist of at least 10% of the total amount you would like to bid. At the time of registering, you are only allowed to make a security deposit of $400, which enables you to bid up to a total of $4,000. Once your registration is processed, if you wish to bid more than $4,000, you must increase your security deposit accordingly, by going to http://easyexport.us/payment. You can increase your deposit by debit or credit card, PayPal or wire transfer. You will be asked to provide your User ID number so, for faster processing, have it at hand. If you have an annual registration and you wish to bid on more than one vehicle at the same time, your security deposit must include at least $400 for each vehicle you want to bid on. Example: If you want to bid on two vehicles at the same time you must have at least $800 in your security deposit. This will allow you to bid up to $4,000 on each car or a combined total of $8,000 on both vehicles. If you want to bid more than a total of $8,000 on both cars then you have to increase your security deposit so that it contains at least 10% of the total amount of money you wish to bid. Similarly, if you would like to bid on three vehicles at the same time, you should have at least $1,200 in your deposit. This will enable you to bid up to $4,000 on each vehicle or a combined total of $12,000 on three vehicles. If there is still a balance pending on your account from a recent purchase you made. If you were awarded a vehicle in a previous auction, you will not be able to bid on any additional vehicle(s) until all invoices are paid in full and all transactions are cleared. If a message such as the following appears on your screen: “unexpected error occurred” Check the sale date of the lot you are trying to bid on. If there is no sale date, it means that that lot was pulled from that sale. If you entered a higher bid but it still does not show on the current bids display, try pressing the reload or refresh button or changing your Internet Explorer settings for Temporary Internet Files the following way: In Internet Explorer 3.0 select View -> Options and click on the "Advanced" tab.
Remember: the only way to submit your preliminary bid or participate in VB2 sales is by logging in at http://member.copart.com/c2 If a message such as the following appears on your screen: “Invalid bid amount. Please enter digits only (0-9)” Please, check the entered amount. The system does not accept any punctuation marks. For example: if you want to bid $1000.00 (one thousand), you should enter 1000. If a message such as the following comes up on your screen: “Current status does not allow online bidding” Please contact ING Solutions LLC.
Step 4: Win an auction.How to know if you have been awarded a vehicle:
Step 5: Pay the invoice.After winning a vehicle: Payment Information and Instructions. All vehicles are sold to you by ING Solutions LLC, not by Copart auto auctions. Therefore, payments for vehicles must be remitted only to ING Solutions LLC. All of these payments are due in full within two business days of the sale date, before 2PM EST, to avoid any penalty and/or cancellation. This payment must include the full amount of the winning bid, Copart fee and ING Solutions transaction fee, which is $200 for any vehicle purchased. All payments must be made in US dollars. The only acceptable method of payment for the purchase of a vehicle is a wire transfer. A wire transfer is an electronic payment service for transferring funds by wire from one bank account to another. Please note: the funds in your security deposit cannot be used to make partial or full payments on any vehicle. All the bank information needed to make the wire transfer will be indicated on the invoice for the awarded vehicle. Sales Tax For additional information please refer to http://easyexport.us/fees. Late fee and penalties for not paying for a vehicle(s) on time: Storage fee
Step 6: Pick up your vehicle(s).Transporting a vehicle Our transportation service Documentation Keeping track of things. Summary of Payment Methods. Debit / Credit Card or PayPal. Debit, Credit Cards or PayPal can be used to pay fees. Make your initial security deposit of $400 and increase your security deposit whenever necessary. However, you may not use a Debit, Credit Card or Paypal to pay for a vehicle awarded to you. Please note that when using these methods of payment there is a maximum limit of $2,500 per transaction. Wire Transfers You are able to make any and all money transactions by wire transfer:
When paying an invoice through a wire transfer please indicate the invoice number to make the processing faster. In person If you would like to visit our office to register and make your security deposit in person, you are welcomed to do so by appointment only. You can not use the funds in your security deposit to make any type of payment. |
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