What is the $400 deposit for on Copart?
Copart will collect a $400 security deposit from all Premier Member applicants. Copart will return the Premier Member security deposit upon the Member’s request if all invoices and charges have been paid in full; however, the Member’s account will then be downgraded to Basic Membership.
What happens when you win a bid on Copart?
When you win via “Buy It Now” you have 2 business days after the day of sale to make payment IN FULL to prevent the lot from re-listing. This would include Sale Price, Buyer Fee, Gate Fee, Internet Bid Fee, and any applicable Tax. Storage rates may vary by location and can be found on the Locations pages.
What does E and R mean on Copart?
Enhanced Vehicle. Seller has authorized that Copart is authorized to perform an enhancement service to the vehicle. This designation does not guarantee that any enhancement service was completed but rather indicates that qualifying vehicles would likely be enhanced. Featured Vehicle.