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The best online auction website for autos is Copart because you can buy vehicles for parts or in drivable condition 100% online and have the vehicle shipped to you. Many of its listings don’t require you to have a dealer’s license to purchase, which means ordinary buyers can bid on a vehicle.
Pros
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If a listing requires you to have a business license, brokers or authorized representatives can bid for you
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Individuals, businesses, and dealers can buy and sell vehicles
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Offers both clean and salvage titles
There are more than 175,000 vehicles on Copart, which is an online auto auction site operating in 11 countries. It gets the nod for the best site for auto auctions because individuals, businesses, and dealers can buy and sell used, wholesale, and salvage cars, exotics, trucks, boats, ATVs, and SUVs. You can even buy and sell freightliners. Both clean and salvage titles are available on the site.
Each listing provides detailed descriptions, photos, and conditions of each vehicle. There also is a calculator to determine shipping costs to your location. It’s not clear where Copart will ship, but there is a fair chance you’ll have to secure third-party shipping or pickup.
Your deposit amount must be 10% of the desired bid amount if you are a Basic member. If you have a Premier membership, your deposit is just $350. Basic members have $2,000 in buying power, whereas Premier members have the buying power of up to $100,000 per day.
Buyers’ and sellers’ fees depend on the final purchase price and cannot be viewed unless you are a member. Our research shows they start at $1 and go up to 12%. Heavy vehicle fees can be as high as 20%.
There are three memberships available, and you must have a Basic or Premier package to bid:
Guest | Basic $59 per year | Premier $249 per year + one-time $400 refundable deposit |
---|---|---|
Browse online inventory | Everything in Guest | Everything in Basic |
Create a vehicle watchlist | $2,000 in buying power | $100,000 buying power per day |
Create saved searches | Bid on multiple vehicles at a time | |
Avoid needing multiple deposits |
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