How to use the Copart Fee Calculator?

1. Enter the Bid Amount: Start by inputting the amount you plan to bid or have won the auction for. This should be in the currency of the auction location (e.g., USD for US auctions).

2. Select Member Type: Choose whether you are a Basic or Premier member. This selection can affect the fee structure applied to your purchase.

3. Choose Bid Type: Indicate whether you are placing a pre-bid or participating in a live auction. Pre-bids often have slightly lower fees compared to live bids.

4. Specify Location: Select the country where the auction is taking place. Currently, the calculator supports USA and UK locations, as fees can vary between these regions.

5. Calculate Fees: After entering all the required information, click the “Calculate Fees” button. The calculator will process your inputs and display a detailed breakdown of the estimated fees.

6. Review the Results: The calculator will show a breakdown of individual fees, including:

• Buyer Fee
• Virtual Bid Fee
• Gate Fee
• Environmental Fee

It will also display the total estimated fees and provide a brief explanation of the results.

7. Consider Additional Costs: Remember that while the calculator provides a good estimate of Copart fees, there may be additional costs not included, such as transportation, repairs, or taxes. Factor these into your overall budget.

8. Stay Updated: Fee structures may change over time. Always verify the current fee structure on the official Copart website, especially for high-value purchases.

By utilizing this Copart Fee Calculator, you can make more informed decisions when participating in Copart auctions. It helps you avoid unexpected costs and allows you to set realistic budgets for your vehicle purchases.

Remember that while this tool provides valuable estimates, actual fees may vary slightly based on specific auction conditions and any recent changes in Copart’s fee structure.