By: Arthur Cooper
Submitted: 2010-09-17 15:09:53 | Word Count: 664
Copart Van Nuys and Bidding Technology
Copart is a highly successful remarketing company offering salvage vehicles via their own online auto auction facilities. Copart has mastered a highly effective internet auction tool, VB2, allowing customers to take part in preliminary bidding and then follow with a live auction sale online to purchase cars, bikes, truck and even boats and other leisure craft at hugely reduced prices.
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Copart Van Nuys is an energetic and forward thinking innovator, popular employers and a leader in auction services; the first auction company to combine an enormous stock with an online facility to bid on lots. The customer is everything to Copart Van Nuys and putting vehicles within the budget of the man in the street has been a success story that has brought Copart to the Forbes Best lists consistently. The formula, like so many great ideas, is simple: the stock is supplied at low cost and the customer is given a highly efficient facility to buy it.
Once upon a time, only dealers could buy vehicles at auction, as only dealers held the required licensing to enable them to buy low and sell high. The end consumer was left in the unenviable position of having only dealers’ stock to choose from and at an enormous price hike.
When you are faced with super inflated screen prices, your only option is to take out finance to sponsor your purchases. At Copart Van Nuys, car finance need not be a compulsory element to buy cars – the end purchase prices after bidding is complete are still so low, many customers can buy outright without costly financial help.
The stock of vehicles at Copart Van Nuys is nothing short of massive. This gives the client a fantastic choice of auction possibilities. The vehicles are mostly insurance write offs. Cars, boats, bikes, trucks etc are written off in thousands every year and sent to auction to be offered at amazingly low prices. Customers qualify to bid at auction by registering with one of Copart’s online authorized brokers, such as AutoBidmaster, to be assigned a bidding account. Once registered, clients are able to ‘shop’ straight away without delay.
An upfront broker’s fee is required right at the beginning of registration, along with a refundable deposit against purchase. The amount of this deposit is directly related to the price of the vehicle: a US$400 deposit, for instance, will allow the customer to purchase a vehicle to the value of US$4,000, or two vehicles for US$2,000 – the deposit increases with a the value of purchase.
The client quickly finds the broker is helpful in a number of areas: he can assist with documentation, domestic and international shipping, inspections and test drives. The broker is directly empowered by Copart and works within the high standard of customer service demanded by Copart Van Nuys.
Dealers no longer hold an unfair advantage in the field of auto remarketing thanks to Copart and its effective appointed broker system that offers the average buyer a lifeline to buy great quality cars at a reasonable price.
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