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Nairaland Forum / Nairaland / General / Autos / ***Important Tips On Buying A Car Or Jeep From Copart Auction*** (22074 Views)
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***Important Tips On Buying A Car Or Jeep From Copart Auction*** by BizBooks(m): 10:41am On Aug 14, 2013 |
This is a public service message and an advertisement of my services as a Copart dealer. I started attending Copart auctions earlier this year and I must tell you, Nigerian Car Dealers are very active there. Recently I attended one of their online night auctions which began at 9PM and surprise, surprise: Nigerian car dealers were at that one too, logging in all the way from Lagos. 9PM here in the East Coast would have been 2AM in Lagos. To join in the action, there are some important things you need to know: 1. Do not buy any car from Copart unless it says "Runs and Drives". Almost all the shipping lines in the US have stopped accepting non-running vehicles. So if you buy a car that does not run and drive, be prepared to ship it in a Container (which can be usually $500 more than shipping RORO). 2. Do not buy a car that is seriously damaged even if it runs and drives. Most US shipping lines will reject such a car. Even if you decide to put it in a container, US Customs may reject the container if they discover fluids (eg petrol, engine oil etc) leaking from the car. 3. All Copart auctions are now done online. Do not bid on a car blindly. By that I mean, do not bid on a car that you have not researched properly. For some unknown reason, Copart does not indicate whether a car has automatic or manual transmission on their website. Without proper research, one can easily buy a car with manual transmission accidentally. 4. Do not attend an auction with only one car in mind. If you do, you will either over-pay or come home empty-handed. For instance, if you wish to buy a 2007 Toyota Camry, do not go with only one in mind. Make a list of at least 5 that suits your needs. If you miss the first one, you might get the second or third and so on. 5. Unlike Manheim, Copart does not charge a flat fee. The fee you pay after you win a car will depend on the price of the car. For instance if you win a car for $450, you will pay an additional $670 in fees. So bear that in mind when bidding. 6. Before you bid on a car at Copart, get your money ready. They require full payment within 3 days if you win. If full payment is not made within 3 days, they will start charging a $50 late fee. 7. Before you bid on a car, have your transportation ready. Copart requires buyers to remove their cars from their premises 4 days after the auction. From the 5th day, they will start charging a $20 storage fee daily. No exceptions. 8. US Customs will not allow you to ship a car without title even if you show them all the payment receipts. Copart sells some cars without title and others with "pending title". Pending title means that the title is not with Copart and you may have to wait up to 30 days to receive it. So before buying a car from them, know the title status. 9. Before buying a car from Copart or any auction for that matter, make sure the car is close to a Port. If you buy a car in states like Colorado, Kansas, Nebraska, Iowa, etc, it may cost up to $1000 just to take it to Port since those states are not close to any major exit Port. Instead, look for cars in states like New York, New Jersey, Pennsylvania, Florida, Georgia, Maryland, Virginia etc which are close to major Ports. More tips to follow... I have identified all the cars that run and drive with "Buy it Now" and placed them on a website. You can view the pictures at the link below. Each vehicle comes with 9 full sized pictures. http://nairacardealers.com/ 4 Likes |
Re: ***Important Tips On Buying A Car Or Jeep From Copart Auction*** by BizBooks(m): 1:28pm On Aug 14, 2013 |
Tips 4 and 5 added. More to follow. |
Re: ***Important Tips On Buying A Car Or Jeep From Copart Auction*** by BizBooks(m): 10:39pm On Aug 14, 2013 |
More tips tomorrow...including how to avoid the dreaded Copart late fees. |
Re: ***Important Tips On Buying A Car Or Jeep From Copart Auction*** by BizBooks(m): 2:26am On Aug 15, 2013 |
Bump. |
Re: ***Important Tips On Buying A Car Or Jeep From Copart Auction*** by BizBooks(m): 11:05am On Aug 15, 2013 |
Tip No 6. Before you bid on a car at Copart, get your money ready. They require full payment within 3 days if you win. If full payment is not made within 3 days, they will start charging a $50 late fee. |
Re: ***Important Tips On Buying A Car Or Jeep From Copart Auction*** by BizBooks(m): 12:25pm On Aug 16, 2013 |
Tip No 7: Before you bid on a car, have your transportation ready. Copart requires buyers to remove their cars from their premises 4 days after the auction. From the 5th day, they will start charging a $20 storage fee daily. No exceptions. |
Re: ***Important Tips On Buying A Car Or Jeep From Copart Auction*** by BizBooks(m): 12:08pm On Aug 17, 2013 |
Tip No 8: US Customs will not allow you to ship a car without title even if you show them all the payment receipts. Copart sells some cars without title and others with "pending title". Pending title means that the title is not with Copart and you may have to wait up to 30 days to receive it. So before buying a car from them, know the title status. |
Re: ***Important Tips On Buying A Car Or Jeep From Copart Auction*** by BizBooks(m): 11:30am On Aug 27, 2013 |
Tip No 9: 9. Before buying a car from Copart or any auction for that matter, make sure the car is close to a Port. If you buy a car in states like Colorado, Kansas, Nebraska, Iowa, etc, it may cost up to $1000 just to take it to Port since those states are not close to any major exit Port. Instead, look for cars in states like New York, New Jersey, Pennsylvania, Florida, Georgia, Maryland, Virginia etc which are close to major Ports. |
Re: ***Important Tips On Buying A Car Or Jeep From Copart Auction*** by Alexusa: 7:31pm On Mar 22, 2015 |
Check auction www.bidndrive.com. They have more salvage cars for sale. |
Re: ***Important Tips On Buying A Car Or Jeep From Copart Auction*** by capsie18: 10:34am On Aug 07, 2015 |
BizBooks: Thank you for your info but how do we kow the cars that are buy and drive because I can't see this details of the car on their website 1 Like |
Re: ***Important Tips On Buying A Car Or Jeep From Copart Auction*** by bimppyola: 9:48pm On Sep 15, 2015 |
how do we identify automatic and manual vehicle from copart? Pls can you explain the part of the additional money we need to put in mind when buying a car?? What do they mean when they say damage; wear or minor scratches To buy a clean,clear title from copart,what are the things to look out for in the details of the car? |
Re: ***Important Tips On Buying A Car Or Jeep From Copart Auction*** by Abbeyme: 1:41am On Nov 03, 2015 |
Hello, What other fees aside those you posted are payable is someone wins a bid? |
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