Fees and Payments

Do I always pay the full amount of my highest bid when I bid for the vehicle?
For preliminary bidders, the maximum bid amount may not be what you pay. If you are the high bidder during the auction and the auction bids do not meet or exceed your maximum bid, you are awarded the vehicle for the high bid amount.

Which price is shown on the bid button? Do I need to calculate the fees separately?
All prices shown on our auction are always net prices. All fees and VAT (if eligible) always need to be added to that price. To get a detailed overview of all fees, please have a look at our fee table available on this website.
 
If I win a vehicle, how long do I have before payment is due?
Payment becomes due immediately after the sale. You have 3 business days including invoicing date to settle the account before Copart charges a late payment fee.
Please note that the buying power vehicle count (bid limit) is not automatically reset after each auction, but only after you have paid in full for the purchased vehicle. After that you can bid again on your desired vehicles.

Copart Online Payments – The Secure Payment Method
Copart enables you to make simple and secure online payments. This is how it works:

• Payment Process: When you proceed to payment, you can securely complete various available online payment methods.
• Quick Confirmation: After completing the transaction, you will receive a confirmation of the payment. This speeds up the entire sales process.
• Instant Payment: You can make secure online transfers of up to 50,000 euros free of charge. You will receive your payment confirmation within seconds – no matter what time of day or night.
• Bank Transfer: By selecting this payment method, you make a classic bank transfer from your online banking or local bank. Please use the IBAN stated in the payment invitation and the exact reason for payment. You will then receive a payment confirmation within 1-2 working days.

Your Advantages: Online payments increase transaction security. You benefit from improved user-friendliness and fast and efficient processing of your vehicle purchases.

Is the price on the block gross or net?
All prices on our website are net prices. Please have a look at our fee table to get an overview of the total costs (sale price plus Member fees).

If I win a vehicle, how many days do I have before late removal fee is charged?
You have five business days of free storage including the day of sale.

When do the yards close due to public holidays?
In our Holiday Calendar  we have marked all public and regional holidays for you. On public holidays all yards are closed and there are no auctions. The regional holidays are only valid on the respective yards. Please have a look at the calendar to find out the holidays of the individual yards.

What are the payment terms?
All invoices are due immediately and need to be paid via bank transfer into our bank account. Please also have a look at the following fee table.

Fee table Copart Deutschland GmbH

General fees

Date: January 2025

*This additional fee will be applicable if your highest bid was given through our website during our live online auction; the virtual bid fee will not be charged to you if you bid through our bid kiosk on our location.

** We would like to point out that in the case of the application of margin taxation according to § 25a UStG, the net value stated in the table is increased by the statutory sales tax amount, but in these cases the sales tax amount may not be shown separately and no input tax deduction is possible.

For the above mentioned fees, especially regarding the payment terms, our General Terms and Conditions are applicable. Our up-to-date General Terms and Conditions are always available for you on the footer of our website through the link “General Terms and Conditions”.