FAQ- Frequently Asked Questions about the Reseller Program

How long is my bidder number good for?
Bidder numbers are good for up to 7 days on free trial membership, 30 days with a $50 advanced monthly fee,
and six months with a $150 advanced fee.

How do I get a bidder number? After you submit registration information and pay the fees, you will receive two emails.
One will have your bidder number and the second one will have your password.

Bidding Overview

"Virtual Bidding" – Buyers may log onto Copart's website at http://copart.com during a VB2 Virtual Sale
to submit bids electronically, in real time over the Internet, to compete with the highest Preliminary Bid, and other Virtual Bids.

"Internet Preliminary Bidding" – During the Preliminary Bidding Period, Buyers may log onto Copart's website at http://copart.
com and submit bids electronically. Internet and Kiosk Preliminary Bids compete as described above.
The highest Preliminary Bid, either Kiosk or Internet, received by Copart will compete against Virtual Bids via "BID4U" during
the Virtual Sale.


"Kiosk Preliminary Bidding" – Commencing two business days prior to a scheduled sale,
up until 11:00 a.m. (local time of the Copart facility where the vehicle is stored) the day of the sale ("Preliminary Bidding
Period"),
Buyers may submit Kiosk Preliminary Bids through computer terminals located at kiosks installed in the lobbies of Copart
facilities.
Kiosk Preliminary Bids compete against Internet Preliminary Bids during the Preliminary Bidding Period.
One hour after the close of the Preliminary Bidding Period, the Virtual Sale begins.  
The highest Preliminary Bid (either Kiosk or Internet) at the close of the Preliminary Bidding Period competes against Virtual
Bids
via "BID4U" .


What happens if my preliminary bid ties with a virtual auction buyer for the same vehicle?
If your preliminary bid ties with a virtual bidder for a particular vehicle, then the award goes to the virtual bidder.
To prevent a tie, the preliminary bidder should answer "Yes" to the Bid Increment question.
When the Bid Increment option is used, BID4U will increase the preliminary bid by one and only one increment, therefore
breaking the tie.

What is Bid Increment?
When the Bid Increment option is used, BID4U will increase the preliminary maximum bid by one and only one additional
increment
if the maximum bid is tied, therefore breaking the tie. When the Bid Increment option is not used,
if the preliminary maximum bid is tied with a virtual bid, the virtual bidder will be awarded the vehicle.

What is BID4U?
BID4U is used to make the bidding process easier and more efficient. BID4U represents the highest preliminary bidder during
the virtual auction.
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.
BID4U will only bid one increment over the current bid to maintain your position as the highest bidder.
This allows you to purchase a vehicle below your maximum bid if bidding doesn’t meet or exceed your maximum bid.
If the Bid Increment option is selected, BID4U will only bid one additional increment over your maximum bid to break a tie.
If a bidder with a higher maximum out-bids you, you will be notified via email.
As a security precaution no one including Copart associates can see your maximum bid. It is 100% confidential!

Can I change a submitted bid?
No. You cannot lower or delete a bid once it has been entered. You may submit a higher bid only.

Can I delete a submitted bid?
Once a bid is entered, it is treated like a current bid and cannot be deleted.

What is my user name?
Your user name is your Copart buyer number.

Are Copart Guest Members allowed to bid?
No, only Copart registered buyers are allowed to bid.

How long do I have to bid?
Preliminary bids are accepted 24 hours a day and until 1 hour before the virtual
auction begins. Virtual bids occur in real time during the virtual auction on sale
day. Once a bid is entered, it cannot be lowered or deleted. You may increase
your bid at anytime.

What are the program fees?
To regisister there is a $400.00 deposit (for a $4000.00 bid limit),
which is conditionally refundable (see Terms and Conditions), and a $0 registration fee for first week,
a non refundable registration fees of $50 for one month and $150 for six months.

The Transaction fee is  $225.00
Copart Fees- See Table located within the Terms & Conditions located on our registration page.
How much are late fees?
Late payment fee is $50.00 a day till bidder default day.
Storage is $20.00 a day after free storage days (see Terms and Conditions).

When is vehicle and fee payment due?
Vehicle and fee payments are due two business days after bid is accepted. The auction has reserved the right
to void any transaction.

What are the different ways I can sort the sale list?
Sale lists can be sorted by Item # , Make, Loss Type, or Current Bid.

Are the Sales Lists the only way to search for vehicles?
No, you can click "Search and Bid", then "CarFinder " and search Make/Model/Start  Year/End Year/ then enter  your zip code,
and the results will be sorted by distance from the zip code.

How do I get to the bid entry screen?
For Preliminary Bidding, there are links to the lot detail display from each SaleList and every result of a CarFinder search.
To place bids during a virtual auction, select “Virtual Auctions” from the Buyer Account screen.

Can I bid on two or more vehicles at a time?
You have to have a minimum of $400 deposit for each vehicle. For two vehicles $800, three vehicles $1200, etc.

How do I pay?
Registration (not one week) may be paid with a credit or debit card. Vehicle purchases and one week registration are paid
with a wire transfer from your bank or cash deposit transfer at your local Bank of America branch.  

How can I see all my previously entered bids?
There is an option on the Buyer Account screen entitled "Check Bids".
Selecting “Current Bids” from the Check Bids screen will display your top bid on each lot.

How long can I check my bids?
Bids will appear under Current Bids until the vehicle is sold. Once the vehicle is sold the bid will show up in Final Bids as sold
and will show whether the vehicle was awarded to you or not.

How will I know if my bid was the highest auction bid?
You can check the auction results for each of your bids using the option entitled "Check Bids" on the Buyer Account screen,
and selecting “Final Bids”.
Your bid results are available for one week after the sale date. If you win, you will be emailed an invoice from A&A.

Can I go to the yard to inspect the vehicle?
Yes, you can go to the yard the day before, or the morning of the auction. You can only inspect vehicles that will be running in
that days auction. The cost is $25 or free if you have signed up for the Copart Basic membership on Copart's web site.

Frequently Asked Questions
A&A Truckee Tahoe
Phone 800-244-7884                                            Email-  sumacmt@gmail.com                                                         Fax 866-571-9993