William Daw
They are a great service I successfully bid on a vehicle and went and picked it up. It was the easiest and friendliest experience I have had. They are so great. If your going to buy a car from copart it is important to do your research. There are many tools to use to make the experience better. Here are some tools I recommend that will fix a lot of these people's negative reviews because they believe their entitled. Copart.com is great to find and bid on vehicles starting with a 60$ for a membership it's cheap to bid and buy cheap cars. Auction io is another tool I highly recommend. This not only will show you hidden secrets on a vehicle that could be devastating any hidden damage from a previous auction. It will expose those secrets if the vehicle has any. Also it shows you the average bid for each vehicle. Why is this important it's so you don't over bid. To many times I see people bidding cars up over retail of a vehicle because they have no idea what they are doing. Auction io gives you a huge advantage. Carfax/autocheck I highly recommend carfax it gives you a better detailed history of the vehicle. Auto heck is good too. On youtube you can get a discounted price if you suscribe to Auto Auction rebuilds. History reports can add up in price real quick so only do it on the vehicles you really plan to buy. Also do this after a in person inspection of a vehicle yes if you can go to the lot yourself and inspect the vehicle. Kbb/nada Use these to find out what the vehicle is worth. There isn't as far as I know a tool to price a rebuilt titles vehicle. But the way these tools price there vehicles is it takes an average of thousands of the make model year and trim of the vehicle that were sold the last year and averages them out. This includes everything with junk titles, salvage titles, rebuilt titles, and clean titles. So just be reasonable and assume the 70% to 95% of the kbb and nada price is what the vehicle is worth. Go with what is cheapest to make sure you don't over bid. The last tool I recommend. Copart calculator. Yes copart has fees after your winning bid. They can be expensive and easily make you pay more than retail if you bid to high. Use this. It's really accurate. The vehicle needs work price out the work you see it needs. I always like to assume an extra $300 to $1000 dollars on a vehicle of unforseen work. So for example I bought a 2004 bmw 325i. Retail price is $5000 clean title. Rebuilt retail is around $4200 source carfax kbb nada. I figured it would need from pictures $1000 of work it didn't look to bad so I gave a $500 dollar buffer on it. So I imagined it would cost me $1500 bucks to fix worse case scenario. I plugged in my bet on the copart calculator. I put in $1000 on the calculator which showed me the fees were about $1700.00. that means plus the work of the vehicle if it cost me$1500. My total was going to be $3200 after the repairs of the vehicle. I plan on selling this vehicle and imagine there will be negotiations and possibly bigger unforseen repairs so worse case scenario if the in the event that I bought the vehicle at $1000 and all the worse things happen I would still most likely be able to recover my money. I won the lot for $750 and I'm almost done with fixing it. I'm into it for $2500 bucks and sure I will be able to sell it between $3600 to $4200 bucks. I used all these tools I can't stress how important they are!
3 years ago
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