rman
New Reader
8/11/19 2:40 p.m.
I have been researching buying a late model year car on Copart.
The one thing that I am cautious about is that the broker requires us to wire transfer the money prior to taking possession of the car or giving us the title.
What can I do, to mitigate the risk that the broker wont simply vanish or go bankrupt or choose not to respond after I wire transfer the funds?.
Any broker that you have worked in the past that you would recommend?
thanks.
Autobidmaster.com has worked well for me in the past.
I have purchased a couple of vehicles using Ridesafely(dot)com. One was CopPart, one IAAI. Both purchases I encountered hiccups and they came through.
Medchin
New Reader
8/12/19 5:20 p.m.
Can't weigh in on brokers, but I bought my current DD (02 IS300) on Copart. I don't know if you're aware but what you "win" any car for is not what you will pay. My winning bid was around $2200, but I had spent closer to $2800-2900 out the door with all their fees and stuff with NO BROKER. So just be careful exceeding your budget without realizing it.
I tried CoPart recently, free intro membership.
I found all the good stuff was brokered, and after fees, everything was too rich for my (challenge) budget.
Your results may vary.
I find lots of cool stuff on there that I can't bid on. And broker fees seem to be more than I can handle. But I did buy my Probe on there, and overall that went okay.
But yeah, the Copart fees and broker fees together would put a lot of seemingly cheap cars over the Challenge budget.
Also depends on state. I can bid on salvage title with no broker. But clean requires one in TX and power sports for some reason.