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Using a Broker to Buy Salvage Cars at Copart and IAA Salvage Auctions and Save Money on Auction Fees 

SalvageSecrets
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This is the training titled "Should You Use a Broker to Buy Salvage Cars at Copart and IAA Salvage Auctions?" that I just did LIVE in our private Facebook group. In this training I discuss how salvage auction brokers work, when should you use them and is it worth using a broker to buy salvage cars from IAA and Copart.
I also recommend brokers I've personally used and discuss broker and auction fees and how you can save the most money on your next salvage car.
If you like this type of content please be sure to subscribe to our FREE Facebook group called "Salvage Secrets!" The link is below..
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Join our Salvage Secrets private Facebook group here: bit.ly/34uQBr8​
Download my FREE guide "5 Biggest Mistakes to Avoid When Buying a Salvage Car" here: bit.ly/3a54Vrz​
Our cars are available for sale here: www.etautocorp.com/inventory

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19 фев 2021

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Комментарии : 246   
@FutureDoc786
@FutureDoc786 3 года назад
I used a broker to buy a 99 jeep from copart. (Below numbers are all from 2020) Winning Bid: $2700 Broker fee: $200 excluding the $400 deposit. Copart Auction fee: $700 & storage fee of $50 Transport fee: $420 Final cost without repairs: $4075 I would have rather bought the jeep locally. Please make sure you consider all the fees when bidding on a vehicle.
@kinnyp.2095
@kinnyp.2095 3 года назад
I agree, buying locally is better because you can actually check out the condition of the car in person by going to the location ahead of the auction.
@SalvageSecrets
@SalvageSecrets 3 года назад
Yes you're right, all these fees add up pretty quickly.. That's why I don't recommend buying older cheaper cars from IAA and Copart- not only do they usually have many issues but the fees can be almost as much as the car you're buying..
@balotbalo4235
@balotbalo4235 3 года назад
@@SalvageSecrets Hi, please how will I get in broker?
@Scars_on_my_nose
@Scars_on_my_nose 2 года назад
How much were repairs?
@jahbless4063
@jahbless4063 2 года назад
Exactly
@garyc3955
@garyc3955 3 года назад
Andre, thank you for taking the time educating all of us about what "not" to do..........., you're a gentlemen sir!
@DIY.AMAMU1
@DIY.AMAMU1 Год назад
Please email me your email address i need some help over copart
@ahmedawad169
@ahmedawad169 3 года назад
Thank you man for all this great informative content and i really like the happy always smiling attitude of yours. Keep up the good work buddy!
@kenolpompilus6369
@kenolpompilus6369 11 месяцев назад
By far you the only one that gives the information straight forward. I like how you explain everything
@hogscattle7877
@hogscattle7877 2 года назад
You're really being a blessing to others! Thank you for sharing!
@michaelheridia2793
@michaelheridia2793 Год назад
You're awesome man! I literally spent 2 days on hold trying to figure this stuff out! Never got a definitive answer. You're too cool! Thank you!
@sylvesteradim1532
@sylvesteradim1532 3 года назад
I like this guy, always his real self
@kevinnewman4779
@kevinnewman4779 3 года назад
Great info. Concise and well presented!
@pharoahmonk50
@pharoahmonk50 Год назад
You provided viewers with great and timely information! Subscribed!
@Carlosbitcoiner
@Carlosbitcoiner 3 года назад
Thank you for sharing this valuable info bro.
@eapresents6061
@eapresents6061 Год назад
best explanation out there so far. Thanks for the effort
@ahmedkamla2109
@ahmedkamla2109 2 года назад
Great information presented in an excellent way!
@vap0rtranz
@vap0rtranz Год назад
This should be required viewing! ty. 1 point on very low bids: if the car/bike stays below
@playedbyear998
@playedbyear998 4 месяца назад
i am so glad this vid exists. EXTREMELY helpful - thanks a lot
@ivanalvarez98
@ivanalvarez98 3 года назад
I really appreciate this info! Thanks thanks
@ericthegoat1455
@ericthegoat1455 3 года назад
Good information. Appreciate you.
@dereksmith6798
@dereksmith6798 9 месяцев назад
Thanks!!!! This video helped me out so much. All the questions I had left that I couldn’t find answers to I found in your video! Def going through a broker now
@gsrjaycee4521
@gsrjaycee4521 Год назад
Thank you for the information on auctions you have answered all my questions 👍
@InMyBrz
@InMyBrz 3 месяца назад
ANDRE .. you don't need to have an automotive dealer to get the business price You can have ANY KIND of a business license, not necessarily a car business You could be an accountant, car repair, electrician etc
@dianeruiz0721
@dianeruiz0721 Год назад
Thanks! I learned a lot as usual ❤
@bambambino23
@bambambino23 2 года назад
Really GREAT information here. I am grateful and thankful.
@davidnorth3411
@davidnorth3411 Год назад
Helpful clear information , thanks for your detailed easy to understand explanation 👍
@jesusgodjr9873
@jesusgodjr9873 2 года назад
I enjoy your video, so simple and well explanation 👍
@mubyfarrai5369
@mubyfarrai5369 3 года назад
Awesome, thanks for the info
@eliast4780
@eliast4780 Год назад
thank you ,,, Andre, you save first timers lots of headaches GOD bless
@dariodario9714
@dariodario9714 3 года назад
Thank you I really enjoy your video very informative
@peterliang260
@peterliang260 2 года назад
Very helpful, Thank you!
@nadasadpour8029
@nadasadpour8029 3 года назад
Thank you for your efforts
@alikurdy2003
@alikurdy2003 Год назад
Great and helpful video, thank you so much.
@juanortellado5563
@juanortellado5563 3 года назад
Your chanel Is great dude. Thank you.
@rickblanchette
@rickblanchette 2 года назад
Great video. Excellent information. Thank You
@zeljkodjukic5889
@zeljkodjukic5889 2 года назад
Good job man keep doing good and more videos
@flytexashomes5827
@flytexashomes5827 Год назад
You dropped so many gems 💎 thanks 😊
@AliMohammed-ys9lh
@AliMohammed-ys9lh 2 года назад
Thank you that’s so helpful
@marklrobinson8612
@marklrobinson8612 Год назад
Thanks for all good info Bro!!
@shermancopeland1509
@shermancopeland1509 2 года назад
Thank you Andre👍🏿💯
@JohnSmith-tr9vp
@JohnSmith-tr9vp 3 года назад
Thanks bro God bless you appreciate the info
@youngjans2817
@youngjans2817 Год назад
Great video brother great great video 🙌🏼
@SM_TheTraveller
@SM_TheTraveller 3 года назад
Love it bro
@TheDamir234
@TheDamir234 2 года назад
Thank you for this video. regards from Slovenija
@JeffCarbuoy
@JeffCarbuoy 2 года назад
Thanks man, subscribed
@frnkjones40
@frnkjones40 2 года назад
Broker shipping seems to cost more as there are just flipping a service. One RU-vidr said they nearly doubled the price of shipping quoted from Copart.
@higherregion
@higherregion 3 года назад
You are the best youtuber in this category, I'm surprised you get so little views.
@SalvageSecrets
@SalvageSecrets 3 года назад
Thank you! Don't worry we're getting there.. ;)
@fuadskreboify
@fuadskreboify 3 года назад
I really agree with this comment
@zayedadel8552
@zayedadel8552 3 года назад
@@SalvageSecrets keep it up. also please do some videos for foreigners some advice on shipping would be much appreciated
@WriterandPhotographer
@WriterandPhotographer Год назад
Andrei........thank you for putting this info together. It is very useful. Although I live in Arizona, I had seen a car I was interested in at the local Phoenix Copart facility. I called them about taking a look at the car ahead of bidding and they said I could not. Only member can even view the car. Since the basic membership caps the highest bid on a vehicle, and this one could go up to $20k, I was not interested in purchasing the premium membership to look at one car. Now, I have found another car in Nevada which requires a broker. When I researched brokers, nearly all of them have very bad reviews (and some fake good reviews). Their BBB ratings are terrible. I would also need to hire an inspector for the car in Nevada, as you suggest in another video. The broker you said you have used in Michigan was the one I was thinking of using already, although there are a few negative reviews. Your price breakdown would seem to indicate that a broker is the way to go for someone like me looking at a little higher-priced car. Any additional suggestions?
@amarsta
@amarsta 6 месяцев назад
Thanks for the explanation.
@confuzler6985
@confuzler6985 2 года назад
Thanks, man!
@lexbrusb.1821
@lexbrusb.1821 2 года назад
So, if you use a broker, and it delays the process by several weeks, then where is the car going to be during that time? Will it have to say at the auction yard (thus rack up parking fees), or will the broker have to tow the car to his own location (thus charge you for towing), or can you immediately pay the broker what you owe him and go pick up the car from the auction yourself?
@patrickwilliamsii1609
@patrickwilliamsii1609 Год назад
Great video brother! I live in South Florida. Recently sold a car and I am highly interested obtaining other vehicles to sell. Thank you!
@sl5946
@sl5946 3 года назад
Great video, I'm not even interested in buying a car right now but I enjoyed all the great information
@vaitx
@vaitx Год назад
Andre I just like to make a comment about finance and insurance on these vehicles. I’ve been doing this for close to 30 years and I had many vehicles that had went to the auctions were rebuilt by me and then try to be sold even got inspected at dealerships you could find them nothing wrong with it yet banks would not loan on them and Insurance companies would not ensure them. Now for most people that are looking for a deal this is not that big a problem a lot of times they can get away with doing other types of finance and or getting insurance that is not your highest grade let’s say but that I think that really needs to be covered because reselling is so much more complicated and it’s tough to explain to people even when the car is perfect. i’ve lost many sales just because an insurance company made someone believe that the car was junk completely wrong by the way and or a bank just would not loan any money on it and you couldn’t talk to people you know in the same sense. Just some thoughts I really like your channel I’m watching all your videos getting ready to do my own on some Volkswagen pick ups just kind of a fan and I like your enthusiasm and just wanted to make sure you think about that when you’re talking with other people because that’s been a problem for me many times thank you
@lifestyle5405
@lifestyle5405 3 года назад
great DUDE... man thanks so much...
@willieboy8798
@willieboy8798 6 месяцев назад
it is a chance like everything else if you want to be successful listen to those that want to help you and plan! good job on video
@RT-mu1cr
@RT-mu1cr 3 года назад
Legit..Great video
@WaynesAdventure
@WaynesAdventure 8 месяцев назад
Great detailed information
@LuisJEspinal
@LuisJEspinal 4 месяца назад
Damn brother you content is gold
@benedictjohnson171
@benedictjohnson171 Год назад
Sorry Andre. I realized you did answer my questions. Thanks
@GANDIMASTER
@GANDIMASTER 7 месяцев назад
Thanks dude ! You saved me on this one ❤ appreciate! Hope I can get my Camaro shipped to my country: gonna use a better bid
@hugoausbayern1234
@hugoausbayern1234 2 года назад
gr8 infos. Cheers
@atautomation
@atautomation Год назад
I am following your videos and i think that this is the best way how you are doing it as a marketing stratgey also. Purely the best videos on the topic. Adnre, it is intersting for me you almost say точка, can i ask you from where are you comming ?
@matthewconner463
@matthewconner463 2 года назад
thx for the tips
@benedictjohnson171
@benedictjohnson171 Год назад
Hey Andre. I always like to stop by and watch your videos. Thanks. Two questions came to my mind while watching this video: You said you used a broker a couple of times. I was wondering why since you're already a licensed dealer? Do brokers allow individuals who register with them to have 100% access to inventory or there will still be restrictions on certain vehicles? Thanks
@Ukraize
@Ukraize Год назад
Some states require special bid cards in order to bid. The bidder number you receive will allow you to bid in most states but some states don't allow bidders to bid and the broker will need to place the bid for you. Some brokers can live bid with you while on the phone with them. Copart places these restrictions on bidders so that only the bidder can bid on, say, bio damaged vehicles or any lots in WI / CO etc. Your broker should have a list or email breakdown of these rules, it's a lot to list.
@ifidiWEphod
@ifidiWEphod 10 дней назад
Great video Well explained.
@jesusgodjr9873
@jesusgodjr9873 Год назад
Thanks Dre
@silasf94
@silasf94 3 года назад
Excellent information, better bid is more copart cars ... I didn't like their fees they are higger then Salvage bid. Even I am going with advance motors
@tooeazeful
@tooeazeful Год назад
Thanks for video
@St34mPunkPrivateer
@St34mPunkPrivateer 3 года назад
Could you cover generally what you need to do after buying a salvage title car ? As in , the vehicle inspection and rebuilt title portion. I know that is hard as each state is a bit different but general overview of the process would be cool, going to be trying to bid on my first salvage this month, I had all the fees calculated to that point, then I realized its was going to be another 500 dollars i fees to the state :X . Its funny how Fees are well over 75 % of the price ill eventually have to pay.
@A_Easley
@A_Easley 4 месяца назад
They gotta keep the common man down some way. For people flipping cars, it almost seems like they don’t want you to be able to do such things
@israeltorres8603
@israeltorres8603 3 года назад
if it was-n't for your help with all the good info. I think I would have lost my hard earn money buying a "trap" kind of car .THANK YOU
@Carlosbitcoiner
@Carlosbitcoiner 3 года назад
Great info brother,thank you for sharing.
@TREESHYG30
@TREESHYG30 Год назад
thank you !
@alldones.a302
@alldones.a302 3 года назад
When one buys cars in copart with a clean title, the broker does it necessarily register the car in the name of the buyer in the dmv or not? Thanks
@maxkhan5316
@maxkhan5316 2 года назад
Great vedio
@hado-atlanta
@hado-atlanta 8 месяцев назад
thank you for edu video :)
@ooscgt
@ooscgt Год назад
Thanks for the great info. When using a broker, Do you know if we pay taxes to them or to the DMV in CA? Thanks
@shannonstiles8751
@shannonstiles8751 2 года назад
Thanks 🇺🇸
@Gio10T
@Gio10T 2 года назад
Great Content! question if anybody can answer: Can you open a Business account on Copart if you have a foreign (Non-US) business license?
@ochicoloto3524
@ochicoloto3524 2 года назад
Thank you for the knowledge. I bought a car from auction under a dealer and it came with a nocking Engine. The car is in the dealers name. Can I sell it as is without registering it under my name?
@alexramos786
@alexramos786 2 года назад
I was a buyer of this and it is very clear that money is lost, honestly, it is better to get dealer licenses without having a lot since the cars are ready for reselling and in the salvage auction many of those cars have been through floods and you can be cheated
@h.a.dwhips4930
@h.a.dwhips4930 2 года назад
💪💪💪💪💪 good stuff
@GeneHyden
@GeneHyden 3 года назад
What's the best way to find a body shop to do my repairs on my salvage vehicles? Anyone know someone in Jacksonville,Fl?
@keithbell4543
@keithbell4543 Год назад
I called Advance Motors, LLC. They are a registered broker for IAA although there is no mention on their website because they focus on Copart. They have a completely different registration for IAA and there is no 45 day trial, only a $100 annual registration fee. I see no way to register for IAA on their website so I would be inclined to not use them for IAA.
@EBC3productions
@EBC3productions 5 месяцев назад
Wish I would have found this video before I signed up. But still great info.
@Poulale123
@Poulale123 Месяц назад
Thanks you sir 🙏
@joeburnsandclassiccars2652
@joeburnsandclassiccars2652 Год назад
Thank you for the detailed info. I'm a public Copart Buyer and I've purchased around 10 cars to far. Only being able to purchase in far away states that alow public bidders is very time consuming when you have to pick them up yourself. Hope to check out Advance motors tomorrow.
@mr_paw_t
@mr_paw_t Год назад
as of today 10-24-22, I do not see Advance Motors LLC listed as a broker for IAAI. They are still listed as a Copart broker.
@kwabsmundi4395
@kwabsmundi4395 3 года назад
Can you do a video for foreigners outside the USA? I.e from payment to shipping.
@k.matthewfaleye8410
@k.matthewfaleye8410 3 года назад
If you are buying on Copart there’s shipping estimate option under the vehicle pictures where you can select Domestic or International then you can fill your destination and you’ll see shipping estimates.
@yasseralwash7127
@yasseralwash7127 8 месяцев назад
​@@k.matthewfaleye8410what about the buyer licence, do i need one if im shiping the car outside of the US?
@Idtelos
@Idtelos Год назад
The bad thiing about some brokers, some of them require a security deposit (~10%) which can be loss if you win the auction and you don't pay for the vehicle. Also, they will charge you another 10-15% as a relisting fee.
@Wigwhom86
@Wigwhom86 Год назад
You shouldn't bid if you cant pay
@marckleejoseph2498
@marckleejoseph2498 3 года назад
Yow bro for this video i will subscribe
@tanvirkhan3563
@tanvirkhan3563 Год назад
Hi, I have a question... How can we identify the exact date of auction in IAAI which is not yet assigned for auction..
@steveleston1848
@steveleston1848 2 года назад
excellent video now I'm concerned when you say a broker takers 4-6 weeks to do paper work. copart will be charging me storage fee of $5 first day $10 second day and I think $20 for every other day? or do they release the vehicle right away to the broker? or just release vehicle to me? which I this there aposed to doing cutting there transporter out. I expect to get this vehicle registored in Alabama a couple days after delivery. not 4-6 weeks. I need to be driving this vehicle right away.
@re.store101
@re.store101 22 дня назад
Thanks for the video. The question I cannot find the answer to is: 1- Can I, as a tourist, buy a vehicle through a broker? 2- When purchased through a broker, for example, when the vehicle is brought to the address I specified, does the intermediary company deliver the vehicle to me with a "clean title"?
@ThePedrojoel3
@ThePedrojoel3 6 месяцев назад
You are the best
@LiderInc
@LiderInc 2 года назад
Is there a broker that will send you a REassignment so you can sell it directly to anyone or a business? like throw it back to an autcion.
@aqn1976
@aqn1976 Год назад
General question re Sales Tax on a Copart Salvage Car... I know from previous experience buying from other local dealers (who also buy from Coparts) the local place does NOT charge me a State Sales Tax... I just incur that when I go convert that Salvage Title in A Rebuilt/Reconstructed Title... So bottom line, if I were to buy a salvage car through Copart either on mu own (if poss) or if by going through a broker, I will also incur the Sales Tax on Copart Salvage Car??? And then another Local State Sales Tax at the end upon trying to get the Rebuilt Title (i.e. Double Dip on Taxes???)
@eduflower8558
@eduflower8558 8 месяцев назад
Thanks alot for explaining I was trying to buy one but they didn't let me as a public buyer in California 😅
@frankc1430
@frankc1430 3 года назад
My question is if you don't register with Copart and you go with a broker, then how can you inspect the car at Copart?
@SalvageSecrets
@SalvageSecrets 3 года назад
You should still be able to inspect the vehicles if you give them the buyer number that the broker provided you with- they should let you in.. If that doesn’t work for some reason you can pay a $25 fee to preview the cars. Make sure you have a yellow vest with you or they won’t let you enter the yard..
@zt3457
@zt3457 9 месяцев назад
Are you required to pay for transportation just to get possession of the vehicle? I want to drive the clean car or transport with a trailer myself.
@gbazil
@gbazil 2 года назад
Everything has changed, and now IAA and Copart now take same fee of 7% from public buyer and 5.5% from broker. The difference is not too much, just 2.5% or $ 200
@bigsav4555
@bigsav4555 2 года назад
So does that mean it’s fully open to the public no limitation on inventory
@rafaelcastro6743
@rafaelcastro6743 Год назад
You still can’t buy a clean Title without the license
@gbazil
@gbazil Год назад
@@rafaelcastro6743 you can, there are a lot of states where you are allowed to buy clean title.
@rafaelcastro6743
@rafaelcastro6743 Год назад
@@gbazil sadly not in Tx
@gbazil
@gbazil Год назад
@@rafaelcastro6743 yep. Seems like all "wealthy" states have this ridicule law/lobbying
@Rick-tm3vs
@Rick-tm3vs 2 года назад
Great advice and videos thank you so much!!
@PABLEEZYTRADEZ
@PABLEEZYTRADEZ 9 месяцев назад
Would it be cheaper to make a DBA for a business License to re sale cars ect... or just go with a broker ?
@oegesauto5619
@oegesauto5619 3 года назад
They also charge you more for the paperwork. So it will be $400 then another $200 maybe
@rogerchavez460
@rogerchavez460 2 года назад
What brokers you recommend?? best service and less fees?
@balotbalo4235
@balotbalo4235 3 года назад
Please my question is, can I buy I ship to Africa? But I'm not in American, but I leave in England. Please can u advice me
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