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How to Avoid Copart Fees
CoProxy Editors
Published in Buying on CopartFebruary 2nd 20255 min read
You can avoid Copart fees by knowing what to expect ahead of time and planning accordingly. It’s not the easiest process and if you’re new to salvage vehicle shopping you can easily and quickly rack up fees. Some fees are unavoidable and are part of the process so you need to factor them in before you bid. Check out our fees resource to understand expected fees.This article is not a full list of fees on Copart.com instead it’s a guide to help prevent you from inquiring fees.
Creating an Account
Starting from the beginning, CoProxy accounts have no monthly or annual memberships and are $0 to join. If you don't have a dealers license and need a Copart broker, start with CoProxy to get set up in a bidding seat on Copart. No need to set up a Copart account when you sign up through CoProxy.If you are signing up for an account directly on Copart, you can start with a free account that allows users to view the inventory and auctions. You won’t be able to bid on any vehicles but this is a good place to start. Once you’re ready to bid, you can increase your membership level to the basic level for $99 a year.Payment Methods
Copart Payment Methods
Using secure payment methods like wire transfers or debit cards can significantly reduce your processing fees. It is an option for consumers to use credit or debit cards for convenience and speed. This can help avoid storage fees.Secure Electronic Payments
- Wire Transfer
- ePay
- Debit Cards
- Western Union
- MoneyGram
- 3rd Party Financing
- Members who purchase vehicles through Copart-affiliated third party finance companies will be charged a $69 administrative fee.
Non-Secure Electronic Payments
- Credit Cards
- Wallet Apps - Apple Pay, Google Pay, PayPal
Physical Payment MethodsMaking your payment at a Copart facility will subject you to a $20-per-vehicle surcharge and long wait times.
- Cashiers check
- Company check
- Cash
CoProxy Payment MethodsSecure Electronic Payments
- Wire Transfer - No payment fees
Payment Post Auction
You have two business days to pay for the vehicle in full, including the day of the auction. Late fees start at $50. To avoid this fee, pay in time. Be prepared to pay before you bid.Vehicle Storage Fees
Pick up your vehicle within three days to avoid storage fees. After three days, you will start to rack up daily storage fees which can get very expensive (up to $30/day). This is the most important step to be prepared for to avoid fees. Arrange vehicle pickup as soon as the auction is complete as it can take a day or two to schedule. While you’re finishing the payment on the vehicle, your vehicle transporters can be setting up the pickup.Relist Fees
If you don’t pay for the vehicle within 8 days of the auction end, the vehicle can be relisted. Copart will charge the buyer that failed to pay a 10% fee with a minimum of $600. This will be taken from your deposit. Obviously to avoid Copart fees like this is to pay in time and in full. This will not look good on your Copart account.Avoid Copart Fees
Auto shopping can be fun but it’s a lot more stressful when you rack up unnecessary fees. There are already enough small and miscellaneous charges that you’ll have to pay, so avoid Copart fees as much as possible. Know the process, be prepared to pay, get transportation lined up, and call Copart if you’re unsure about any step.Register with CoProxy and explore used and salvage vehicles for sale online.
