REPO CRISIS Is HERE And COPART Auctions Are SCREAMING IT! 

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I earned my lesson the hard way being young and dumb. Bought an F-150 I knew may cause me issues. Just signed the papers. Anyways I found myself in a situation where I couldn't keep up with exact payments 6 months straight and it got repo'd. Let's just say I still owed 11,000 after the truck was auctioned off. I was basically paying debt for a truck someone else was driving when you think about it. I paid it off a while back but man, definitely take your time when buying a vehicle and don't be embarrassed to get something within your budget to avoid these things young fellas

Their fee's are stupid expensive....

Some that appear to be "not wrecked" may be flood cars or mechanically totaled. That BMW might be mechanically totaled.

Most states require a broker to purchase vehicles from copart. Fees paid to broker then paid to copart literally add a $1000 to price of vehicle. You also didn't mention the titles and warning people about junk and parts only titles. Also wrecked vehicles can get a person scammed really fast. People buy completely destroyed vehicles then put different fenders, bumpers and hoods to hide massive damage costing tens of thousands in repairs. Then they send vehicle back to the action. Unsuspecting buying sees it thinking it won't cost to much to fix. Most people buy from website never actually seeing vehicle in person before bidding on it. Unless a person knows what they are doing, do NOT buy from copart. Too many videos on RU-vid of people getting scammed buying from copart.

Can you imagine being on the repo list? Always stressed out and worrying about it, keeping you up at night listening for the repo men, not knowing when you might lose your only form of transportation. Relieved that's not me, my '98 Prerunner has been paid off for over 20 years.

That black Tundra has the damage that I would expect to see if it had been PIT'ed to end a high-speed pursuit.

Still have my 1995 Ranger. Never selling it. Simple, reliable, functional transportation.

I'm a Hertz mechanic and we send stolen recovered vehicles to copart all the time. Also cars in mechanical none running condition.

I really miss the cheap, basic, dependable, small trucks. Even Toyota has gone crazy.

Pick up Truck is a working car do not need all the gadgets they putting now, is a waste of money.

My cousin runs a saab repair shop. He will never have to worry about having money.

I miss the basic trucks, as the manufacturers put all this crap in them and priced us out of the market.

The only way you pay 20k over sticker for a challenger is if you had the cash and were worth 10 million dollars plus. Even then I wouldn't suggest it was the best decision especially as it isn't exactly a totally unique car. To pay 20k over and finance it is pretty much the height of irresponsibility

You're a star, keep shining bright!

Thank the EPA and fuel economy standards for why there are no compact trucks.

Saab Story..HAHA..Thank you for making me laugh for the first time in months! I recently had most of my foot amputated due to sepsis and diabetes and have not been in the best of sirits but your videos always make me feel better and that there is hope..Thank you!

All those copart cars are damaged, is too risky to buy one of those.

Heading off to the junkyard to rummage around looking for that certain something was the best part. Maybe even finding something you didn't even know you needed.

i'm seeing more and more of these kind of cars on the roads these days !!! Really !!! Times are tough. Its Amazing what duct tape can do

I tried to buy a 2003 tacoma with a 175k that was hit in the front. The final price was 4700.00 . Looked like it needed 1000 in parts. To rich for my blood for a salvage title truck. Plus I hear they phantom bid on cars.

Why does this seem like paid advertisement for copart lol

My neighbors car just got repossessed the other day at 1:00AM. It woke me up. You can still see the tire marks on their driveway from the repo guy dragging it into the road lol. It was a newish Highlander like 6-7 years old or so.

Talk to the bank if your car gets totaled and there a gap in what insurance pays. Banks will discount the amount owed 99% of the time.

In th e90s I drove a Nissan Hardbody. Manual transmission. 2 doors. All it had was a radio. I loved it. I was just talking to someone today about the outrageous prices of cars because of all the bells and whistles that are put in cars nowadays. I told him that I still roll up my own windows in my 09 Patriot. He sounded flabbergasted. Like WOW. So, people won't even be feeding themselves. Someone will invent a spoon that does the work for you and some dip[shit will write, "I don't know how I ever lived without my self-feeding spoon". Yes, lane assistance and all these safety features are nice, but they should be reserved as an option, not standard equipment. I'd bet a Subaru could sell for at least 5k less if they didn't add their stupid safety crap to the car. And yes, it's stupid because I'm 60 years old and I cannot remember the last time I got into an accident. It's called turning your head and looking at where you are going.

I bought a car a month for past 2 years from Copart. It’s a real gamble,if wasn’t a technician for a living I would have lost my ass of quite a few of them. Just be ready to double the budget of what it LOOKS like the car needs. And the FEES!on 3k cars it’s 1k in fees.

It's the bank's fault for loaning way more than the value of the vehicle due to the markup. If banks would stop doing this the dealer markups would start to go away.

Man these cars have been a ripp off from the beginning. Dealership gets rich and the people locked in for years stay down. All this is nothing new

Is this one giant ad??

Cars are expensive, job security and wages are down. It makes for a difficult combination. These are some tough times.

I had a car repossessed many years ago. I had become homeless for a while after the Army. Needless to say after 7 years it fell off my credit report. Today I have almost an 800 credit score.

My friend once said "I'd Saab if I owned it." when we were looking at cars.

CAFE standards and such have made it impossible for the older style Chevy S10 or Ford Ranger size trucks to ever be built again. A truck that size these days would have to get something crazy like 40+ mpg because of the physical size being smaller. They base it on wheel base size and a handful of other little things. That's why trucks over the last 20+/- years have gotten larger in size. You look at a 1995 Chevy 1500, a half ton pickup back then, that would be considered a mid size truck today.

Those little trucks used to be excellent. First vehicles for kids and college students. It was smaller easier to repair wasn’t expensive and got decent gas mileage also with the smaller cabs and stuff it meant less shenanigans because you could only hold you in a buddy or you and the girlfriend. This is the reason why I want the Hilux champ from Toyota to get here in the states the Mavericks are too damn expensive.

Finally some useful information on your channel...

🎉I'm a copart member here in the state of Georgia. I was disapointed as it was being auction. At the end buyer's premium fee for a newer rebuildable vehicle was excess of 15%. Buyer's premium. It was to be $3000 or $😅 more than the cost of the final bid. Be careful you might have some costs. They're gonna put you upside down on a rebuilt title vehicle. The time you pay mebership fee good for one year they will not tell you what the buyer's premium is! The other fact a pump up internet actions are not always relistic for internet fantasy buyer's,,, The car after rebuilt is worth. %30 to % 40 less then none damage title!!!😢

Brandon that's called the defenciency balance.

Sunday morning is a popular time to repo cars,I see it all the time 😊😂

Great video - need more like this one

Interesting, thanks

Enjoyed this.

Love your style, keep rocking it!

Copart is what it is. If you don't know much about vehicles and aren't mechanically inclined bring someone you know that truly is. The thought that you can't get value there and is just a scam is ridiculous. You certainly could get a bad buy. Especially buying something wrecked or stolen. You have to know enough to make realistic risk verses reward decisions.

A good follow up to this video would be to talk about rebuild and savage vehicles and how they find their way back into the used car market and get “whitewashed” into circulation as “minor” damage vehicles. It’s a chronic problem on Facebook Marketplace and Craigslist.

Great Job Brandon

great vid

Your closing remarks were spot on! 😮‍💨

I've bought a few trucks from copart some clean and some salvaged. I've learned over time that the way they handle the vehicles with those loaders sometimes bend the drive shaft so if you get one from there and you have some vibration, check the drive shaft

Great video, Brandon. Shows a different perspective to the auto industry. Vehicle sales are still high at 60k, 80k, with a 6% rate.

A few things to remember before buying through copart: -Many states don't allow buying directly through copart auctions, meaning you'll likely have to work through a broker and brokers fees can be substantial. -Copart fees can really add up. I bought a 98 Rav4 through them and while the bid itself was for $900, the out-the-door price was $1400 (sans broker fees because my state doesn't require it). -While yes you can find cars in good condition, most are in some form of disrepair, and the pictures almost intentionally don't do justice for what damage the vehicle may have. Don't ever buy unless you can see the vehicle in person, are mechanically inclined, and have some idea of what kind of issues a vehicle may be hiding and what it might cost to fix. -Copart yards DO NOT allow any tools in their yards, not even diagnostic or scan tools, so good luck knowing if that car has any trouble codes. -You are buying that car AS-IS, meaning if you get one that's hiding serious damage that's too expensive to fix then you're SOL. I'm really leery when channels prop up Copart. Sure they bring the auction experience to the masses, but when so many people don't understand how these auctions play out they're set up for failure and Copart banks on this

Tundra - awful blue.

I buy at Copart for exporting out to Central America

I bought 2 Camrys from copart few years back. One 2007 Hybrid $1800 and needed a hybrid battery, $2200. I also got a 2003 LE $850 + $300 shipping from about 400 miles. Needed a head gasket and a radiator. I have been and still drive the 03. Sold the 07 18 later for what I got in it. My experience is good with copart. Few things to watch for. 1. Auction fees are not included in price. About 10%-20% 2. Transportation. If you can't drive it out or too far, figure about $300-$3000 shipping 3. You can have the vehicle inspected before buying. It's about $150 on site inspection by a different company 4. Runs and drivers doesn't mean it runs and drives good 😂. Expect some repairs. If you can't fix it yourself as I did then it's not worth the saving on price, shops will eat you alive. 5. They will not let you run loose in the lot like Brandon. At least the ones I have been to. You will be escorted to see specific vehicles. 6. Titles may not be ready and you may not get all the paperwork and it can be misfilled. Copart will take care of it but don't be surprised at the DMV when they ask for more paperwork. Some copart lots are total AHoles. But the majority are fine.

Always take a Scan tool with you when you are looking at a used car... Even if an error code is not present...

Both those challengers were 6 cylinder, Hopefully nobody was paying over MSRP for a 6 cylinder. They were paying over sticker for scatpacks and hellcats. And I mean stupid money over sticker. I waited to buy mine and put a lot of money down, so I'm not upside down. I got my Hellcat under sticker. And that car is the most fun you can have with your pants on.

My 1986. S 15 Cost 4500 bucks brand new got 30 plus mpg !! Where’s the small truck s that get 30 plus mpg !!

Speaking of views, Copart purchased the land where Bandimere Speedway in Morrison, Colorado was (well, still is temporarily).

The truck was reported stolen, insurance paid claim to victim. Insurance company now owns the brand new truck, Copart auctions insurance companies vehicles.

Amen Brandon regarding the current state of American pickup truck production. We need simple cheap regular cab long bed trucks but not just that, we need full-size trucks without the excessive beltline height and they need more normal proportions.

the view is amazing!

Look for a pull-a-part type junkyard. At these, you go and you pull the part from the car out in the yard. Prices are so much cheaper. I did this and paid $40 for a good fender and $50 for a good door. Stupid things like a wiper mechanism that the dealer charges $149 for just the motor, I pulled the entire thing that bolted in my car with 3 bolts for $14. The yard I go to has a full service yard across the street and I look at the prices. Both by the same owner, full service is pretty consistently 5 times the price of the pull-a-part.

That red Ford pickup has been in a frontal accident, just look at the colour unmatched and the unequal gap on the hood. As for the Sienna, I doubt it will “buff out”. However, there’s a solution. You can have it buffed until there is no clear coat anymore and have a new coat of clear. Did it, it works beautifully to preserve the original paint.

I too remember well walking those junk yards for a part with my dad. And there was always a JUNK YARD Dog in the yard, too.

Little two seater trucks are too far away from these days when soccer mom and hunting daddy have merged their family vehicle into one overgrown pricy toy of a four door truck. We are never going back.

Bro was in the Microsoft background but with used cars! Love it lol

The reason you don't see small trucks is there is an wheel base->MPG equation that no manufacturer can meet stemming from EPA guidelines. That's why every truck is gargantuan.

Hey Brandon, check out some of the motorcycles you can get at Copart.

Copart isn't really a viable option for people that aren't dealers. The buyer's fees, broker fees, etc. really eat up any savings that you might have gotten at the auction.

"Now its compact car" 😂..i needed that...."the dealer rot..lot" ..you had it right the first time..must closer to dealer ROT 😂

GM didn't even start making a regular 1500 truck with a full crew cab until around 2007, until then it was only on heavy duty trucks.

Even with gap insurance, some have limits of 150% of nada or acv. I have had a few Hyundai where ins paid their acv, gap paid up to 150%, and customer still owed. One great benefit with a credit union is that some do not offer gap, but loan pay off in full

They need to build what customers want not what they feel or think the customer wants. Chin high bed rails and 6 grand special ladder tailgates to compensate for the insane height vs user friendly tradesman farmer type stuff not 100k plus over complicated garbage that needs the entire cab lifted for routine repairs which are way way to often

To explain the reason, the blue tundra is at salvage auction, it could be a theft recovery. If a vehicle is reported stolen and not recovered in a reasonable amount of time, then the insurance company will pay out the owner. Subsequently if the vehicle is recovered then it belongs to the insurance company that is already paid the claim. Even if the vehicle is not damaged, it will receive a branded title or salvage title. Then they end up at a salvage auction even though there’s nothing wrong with them. This is very common for motorcycles.

Good copart ad👌

One of our workers had one of those small pickups. The bed was huge! His friends would steal his truck from him to use it - I suspect it's because you couldn't buy them anymore at that time (he was one of our workers in the 2005-2015 time frame). The large bed size was all that mattered. Didn't need back seats, didn't need to be 10 feet off the ground, didn't cost $80,000 I'm pretty sure it was a Nissan, 4 cylinder. "Make it practical (large bed for hauling), make it cheap" (the interior does not need to look like a Lincoln or Mercedes fergawdsakes)

when Brandon said that in 3:50 I keep referencing to the SpongeBob episode where they work for the Flying Dutchman and SpongeBob says, "don't worry captain we can buff out those scratches" 🤣

I have that exact 2023 TRD off-road Tacoma in white and mine doesn't look like that LOL

copart fees are insanity

@carquestionsanswered How do I buy a car from you? Are your cars only rebuilt titles?

~ 1:10 That’s a paw paw truck if I ever saw one

Seinfeld loved saabs😂

First ever rollover accident was in 1988 SAAB, not even a scratch, but totaled the car....

Saabs run forever (even with a turbo) and still have a great following. They're easier to work on and not nearly as expensive to work on as BMWs I own 5 Saabs, my brother has 6 and I've owned 5 other different Saabs before. My 2002 Viggen manual has 200K miles and doesn't burn a drop off oil, still pulls hard and feels solid!

That old ranger may be a diamond in the rough !!!! Love them and still driving them. They are getting harder to find.

I bought a MBZ 450SEL from CoPart years ago. It was a beautiful car with nothing wrong with it, except one thing. It would not smog (here in CA). So, I took the car to a dealership and traded it in for a car that would smog. It was a 1976 MBZ that was "donated" to a church and the church put it in at CoPart for sale. I paid $300 (OTD) for that car (in 1993) at CoPart. The dealership gave me $3500 on a trade-in value. So, even if the car has a problem, buying a car at CoPart can be a good thing... I liked that MBZ but it sure did suck the gas down when you "got on it" to get on the freeway. Heck, my old 1973 Cadillac with the 502 cu in motor got better mpg than that MBZ... Where did that MBZ end up?? At a dealer auction for some dealer to have to deal with the smog issue.

I loved going to junkyards back in the day looking for parts…hard to find parts, had a 1968 red ford mustang..I once had to climb 3 cars high, piled on top of each other, to remove a part in the summer and the wrecked car was full of stinging wasps…I don’t think you can go into many junkyards these days? 😊

I would love the basic truck

Do you think they have some flood cars up at this time from Miami?

I try to have zero nostalgia glasses, but the lack of small pickups hits hard. I used to have a Mazda 2300 extend cab pickup (almost identical to Ford Ranger). I miss her every day.

Your going to see more late model work trucks. Here in NJ home of the anyone can be a handyman are starting to feel squeezed. I take care of my work trucks. 250-300k on our pick ups, transits etc not uncommon and they look and run great and I get premium when I sell them. I laugh. Most expensive new truck in our fleet was 39k. Now trucks 2-3 yrs old i now am seeing for sale parked ( not only not making money but costing money) at competitors fancy rented office spaces have more than that left on loans with 1200-1600 monthly payments for 72-84 months HAHAHA Good for me as they’ll go bankrupt I’ll seek out there clients and or their “good” workers that don’t have jobs for so they’ll come work for me as I always have had work for 40 yrs.. cause even as owner I drive a true bare bones work truck cause I’m not greedy nor stupid!!!

I drive a 2002 toyota echo with 63,000 miles bought it out right for 4700 Canadian runs great great on gas and its payed for dont have to worry about nothing

What was done to that tire on the red F150? That rubber looked like it was decomposing.

We rewrote the fuel mileage laws and basically made small pickups like the ranger illegal. They're not classified as a full size pickup so they don't get exempted from the gas mileage rolls and they don't do good enough on their own to meet EPA requirements.

ive not seen a bank yet that will allow the consumer to make their regular payment after the car is totalled.. what I typically hear is that the bank calls the loan and so its all due at once.. customer cant pay it so they have to take out an incredibly pricey personal loan, or it goes unpaid, banks gets a judgement and their wages are garnished and they are buying cars at a buy here pay here for the next 10 years... I wont buy a car without GAP.. I get laughed at all the time for it.. but it saved me once! on leases its always part of it (or I wont lease the car)..back in 05 I bought a new chevy colorado loaded.. and first day I had it.. got rear ended and totalled it... it was a 30,000 truck that id put 0 down on (sign and drive event).. and literally first day the ins company only wanted to pay 24 on it.... GAP covered it and I went N got another truck

After watching all these videos man am I happy with my new Subaru. Not even 30k and loving it so far, sounds like a commercial😂😂 but true. I wanted a Colorado zr2 / Tacoma but the prices are ridiculous and the engine offerings not even atractivo. Anyways, cheers man!

Crazy prices! This is just the tip of the iceberg.

We saw that coming

FWIW, just this week , ABV,, a online auction ,purchased the stanley Authrenrich auction group, Indiana auto auction and Carolina auto auction, any thoughts?

Yep Dad gave me his 91 S-10. Got 340 thousand now. Love. 😁

My Infiniti Q50 was stolen and retrieved but Totalled. Copart bought it from me and I got to visit their lot wasn't as full as that one though.