Copart Buyers Beware - Pre Bid Increment Bid Proxy Bidding Issues Could be Costing You Extra Money!

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  • Опубліковано 12 лип 2019
  • In this video we discuss one issue with pre bidding that may cause you to spend more money than you anticipated to spend at Copart. I have heard others complain of this issue and I want everyone to know about it. This could be a big problem for some buyers.
    Please let me know in the comments if you have experienced this problem or your account is doing the same thing.
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КОМЕНТАРІ • 12

  • @45AMT
    @45AMT 4 роки тому +1

    Great tip! Copart is full of glitches! Especially with the basic accounts and your buying power. Subscribed.

  • @treyfields3244
    @treyfields3244 Рік тому

    Thanks for this video.

  • @IQToms
    @IQToms 2 роки тому

    The main reason to remove the increment bidding sometimes is that Copart's fee structure isn't linear. There are a couple places where their fee jumps a lot. For example for a non business bidder Copart fee goes up by $100 from $2999 vs. $3000. Business buyers take a $175 hit at $4k vs. $3999, so I'll park at $3950. Though we all hope something good will fall through the cracks and we'll get a monster deal I haven't found that to be the case. If I want it enough I'll just go up to my limit and let the next guy take the bigger fee hit. Granted, bidding during the live auction is preferred.

  • @ehmaidan
    @ehmaidan 3 роки тому

    Thank you sir!!

  • @mplscarsales6652
    @mplscarsales6652 4 роки тому +1

    Thank you

  • @eamonnmckeown6770
    @eamonnmckeown6770 Рік тому

    I used to set my high bid early in an auction on GovDeals until they started using that as a defacto shill bid against myself.
    Opening bid would be $50 and it used to be you could put in $500 as your max and it would register $50.
    Then it started by using my max. as my opening bid.
    Total horseshit and govdeals and the seller blew smoke up my ass when confronted about it.
    Previously my max. bid never even got exercised and I got what I wanted for much less and to be honest that is what happened when I won an Autotron 3300 heat inductor recently in fairness.
    Still. Pretty lousy when you're shill bidding against yourself.

  • @missionarypaulyb
    @missionarypaulyb 4 роки тому +1

    Why does it say I went over my bidding limit, I’m in Oregon, how can I get that limited lifted?

    • @ResurWreck
      @ResurWreck  4 роки тому +2

      You’ll need to deposit more money with copart or open a premier account. Its about $600

    • @missionarypaulyb
      @missionarypaulyb 4 роки тому +1

      ResurWreck ok 👌 thanks will do awesome

  • @anthonyr5869
    @anthonyr5869 Рік тому

    Idk why people pre-bid

  • @TheMrshawnpaul
    @TheMrshawnpaul 3 роки тому

    Brah, you kidding? Read what you are bidding, it is right below it.

    • @treyfields3244
      @treyfields3244 Рік тому +1

      You could've just kept this to yourself and went about your day goofy.