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What You Need to Win an Auction

Most Copart auctions are only open to those with a Dealer’s License. But when you use GreenSalvage we act as your broker, which means you can skip the hassle of getting a Dealer’s License of your own. You’ll be using ours instead! We make it as easy as possible for you to win and buy your vehicle. Below is the short list of things you will need to buy a vehicle through GreenSalvage.

Photo ID Issued by a Government Agency

When you create an account, you will need to upload a copy of a valid government issued photo ID. This can be a driver’s license, identification card, passport, or anything equivalent. The important things we require are that it is not expired, it has your photo on it, and it is issued by a government agency. You’ll also want to make sure the copy you upload is clear.

Fully Refundable Security Deposit

You need to have a fully Refundable Security Deposit on file. The minimum requirement is $400. This allows you to bid up to $4,000. If you intend to bid higher than $4000, you will need at least 10% of what you intend to bid. The purpose of this deposit is to provide assurance to the auction that you are a serious buyer. If you win an auction, but then change your mind and don’t want to pay for the vehicle, your deposit will be used to pay the associated penalty.

If you use a credit card to place your deposit, it will be listed as a “hold” and won’t actually be charged to you. The only time the deposit incurs a charge is if you have an outstanding balance. Deposits are not used to pay for vehicles. Your deposit is completely refundable at any time, so long as you have no active bids or outstanding balances on your account.

An Adventurous Spirit

Bidding is exciting, especially in live auctions. With an adventurous spirit you can get a great deal! So it’s important to remember to bring your excitement for the bidding process. Of course, you’ve got to bid to win. Bidding is the best way to get what you want, save money, and save the resources to manufacture another car.

That’s it! GreenSalvage makes as easy as possible to win in an online auction.



This post first appeared on Top 5 Dirt Bikes NOT For The Fainthearted!, please read the originial post: here

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What You Need to Win an Auction

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