Copart was founded in 1982 and has an extensive line of services for insurance companies to service and sell "salvage" cars, boats, trailers, motorcycles and construction equipment to auto dealers in the United States. You can check vin history at any time.
Vehicles presented at the auction are usually sold with a "decommissioned" vehicle certificate, popularly known as "scrap". Since 2009, some insurance companies have raised the bar up to 70% for some high-priced cars. If this is the case, the insurance company will pay the owner the money for the car and the vehicle will be sold at an auction. A "decommissioned car" is also a car that was stolen before, but was later found by the police. If after the theft the police have not found the car within 20 days, the insurance company pays the owner the full amount of the car. If the stolen car is found after 25 days with little or no damage, as the insurance compensation was already paid to the car owner, such a car becomes the property of the insurance company, it is assigned the "write-off" status and sold through an auction. Such cars are the most popular on Koparta, but you need to be vigilant because in the excitement of the auction, you may get carried away with the bidding and buy such a car for the price of a used one.
It is not a secret that "written off" cars from America are very profitable to buy for export to Eastern Europe, because a car with a "written off" certificate loses 30-50% of the price of a used car, regardless of its condition, and sometimes it is just great. Americans do not like to buy restored or "decommissioned" cars with an unknown past. It is one thing to buy a reconditioned car with unknown damage, and another thing to buy a car with visible damage and open accident history, which allows you to really understand the seriousness of the damage. The only disadvantage of auctions is the impossibility to predict the final auction bid of a car, as it depends on many factors: the number of dealers interested in buying the car, the lot number (many dealers buy cars in the first 1.5 hours of an auction, if the car is in the last list, there is little interest in it), weather, quality of photos, etc.
Copart and the car suppliers state that they are not responsible for the accuracy or completeness of all information they receive about the cars in print, verbally or electronically.Copart does not guarantee the availability of keys to cars for sale at Copart auctions regardless of whether the keys were listed in the online car image information or whether the keys were available before the sale. In some legal regions, it is allowed to sell cars without identification license plates (VIN), as a result of which Copart does not guarantee the full or partial availability of the identification license plates. Copart has the right to refuse any buyer to purchase a lot without giving a reason. Copart reserves the right not to release the winning vehicle for any reason.
