Purchasing a vehicle at an auction is an excellent opportunity to save 30-40-50% of its retail value. Below are the fees for IAAI and Copart auctions, as well as the purchasing conditions for vehicles directly at the auction as public bidder and with CarsFromWest as auto auction broker.
Bidding at CarsFromWest:
- No dealer license required
- No annual membership fee
- One deposit and search two auctions simultaneously: Copart and IAAI
- Full vehicle description, no hidden information
- Regularly updated selection of over 260,497 vehicles from Copart and Insurance Auto Auctions
- An educational platform that enables you to avoid buying a staged car and find a truly advantageous deal
Bidding at Copart\IAAI:
- Dealer\broker license required for 90% vehicles
- Annual membership fee
- Separate deposit for each auction
- Short vehicle description, some information is hidden
- High public fees
- A large number of staged vehicles, high risk of losing money
Buyer fees - Copart
Copart buyer fees are charged for all vehicles and other items purchased at a Copart auction, including miscellaneous salvage items sold as “Other Goods.” Different fees are assessed for individual/public buyers and business buyers with valid licenses on file. Fee may differ depending on the amount of the winning bid.
Sale price range |
Standard vehicle fee |
Heavy vehicle fee |
---|---|---|
$0.01 – $49.99 | $25.00 | $25.00 |
$50.00 – $99.99 | $45.00 | $45.00 |
$100.00 – $199.99 | $80.00 | $80.00 |
$200.00 – $399.99 | $135.00 | $135.00 |
$400.00 – $499.99 | $180.00 | $180.00 |
$500.00 – $599.99 | $205.00 | $205.00 |
$600.00 – $699.99 | $235.00 | $235.00 |
$700.00 – $799.99 | $260.00 | $260.00 |
$800.00 – $899.99 | $280.00 | $280.00 |
$900.00 – $999.99 | $305.00 | $305.00 |
$1,000.00 – $1,199.99 | $355.00 | $355.00 |
$1,200.00 – $1,299.99 | $380.00 | $380.00 |
$1,300.00 – $1,399.99 | $400.00 | $400.00 |
$1,400.00 – $1,499.99 | $410.00 | $410.00 |
$1,500.00 – $1,599.99 | $420.00 | $420.00 |
$1,600.00 – $1,699.99 | $440.00 | $440.00 |
$1,700.00 – $1,799.99 | $450.00 | $450.00 |
$1,800.00 – $1,999.99 | $465.00 | $465.00 |
$2,000.00 – $2,399.99 | $500.00 | $500.00 |
$2,400.00 – $2,499.99 | $525.00 | $525.00 |
$2,500.00 – $2,999.99 | $550.00 | $550.00 |
$3,000.00 – $3,499.99 | $650.00 | $650.00 |
$3,500.00 – $3,999.99 | $700.00 | $700.00 |
$4,000.00 – $4,499.99 | $725.00 | $725.00 |
$4,500.00 – $4,999.99 | $750.00 | $750.00 |
$5,000.00 – $5,999.99 | $775.00 | $775.00 |
$6,000.00 – $6,999.99 | $795.00 | $795.00 |
$7,000.00 – $7,999.99 | $825.00 | $825.00 |
$8,000.00 – $9,999.99 | $865.00 | 11.50% |
$10,000.00 – $14,999.99 | $900.00 | 11.50% |
$15,000.00+ | 7.50% | 11.50% |
Virtual bid fee
All bids placed through terminals, Members’ computers, smartphones, tablets or other bidding devices will incur the following charges, based on the high bid amount.
Sale price range |
Pre-bid fee |
Live bid fee |
---|---|---|
$0.00 – $99.99 | – | – |
$100.00 – $499.99 | $45.00 | $55.00 |
$500.00 – $999.99 | $60.00 | $70.00 |
$1,000.00 – $1,499.99 | $80.00 | $90.00 |
$1,500.00 – $1,999.99 | $90.00 | $100.00 |
$2,000.00 – $3,999.99 | $105.00 | $115.00 |
$4,000.00 – $5,999.99 | $115.00 | $130.00 |
$6,000.00 – $7,999.99 | $130.00 | $150.00 |
$8,000.00+ | $150.00 | $165.00 |
GATE FEE: $95 per unit
(includes pull out and loading)
Gate fee
A $95 Gate Fee is assessed to all Copart purchases. This fee covers administrative costs and the movement of the item from our storage location to the Buyer loading area.
Late fees, storage fees, mailing fees and relist fees
The vehicle amount and all applicable fees must be paid within 3 business days of purchase, including the day of sale, to avoid a fee of $50 per vehicle (late fee). Storage rates may vary by location. If the lot is not paid in full within 8 calendar days (including the day of sale), the vehicle will be relisted. The Relist Fee will be 10% of the final sale price with a minimum of $600. Mailing fee $50 is applicable for each won lot.
IMPORTANT: buying a lot in Wisconsin, Alabama and Michigan via Copart account will automatically generate additional license fees plus $200 to standard fees.