Terms of Service

You must be at least 18 years old and legally able to enter into a binding contract to use the Website. You are responsible for keeping your login credentials secure and for all activity that occurs under your account.

Each user must register with accurate information. We may suspend or terminate accounts that provide false information or that are used for fraudulent activity.

New accounts are created in an unactivated state. Before you can add buying power, place bids, or transact, your account must be reviewed and approved by our team (identity/verification check). Until your account is activated, funding and bidding actions are disabled.

We reserve the right to approve or decline activation at our discretion, and to request additional verification documents.

To participate in auctions you must first add "buying power" by making a deposit. Buying power is a prepaid balance used to secure and settle bids.

• The minimum deposit is USD $600, which equals one (1) buying-power unit.
• USD $1 converts to 10 buying-power points (i.e. $600 = 6,000 buying power = 1 unit).
• You must hold at least $100 of available buying power to place any bid.

Deposits are processed by our third-party payment processor. We do not store your full card details.

• When you place a bid, an amount equal to your bid is held (reserved) against your available buying power. You cannot bid more than your available balance.
• A bid may only be raised, never lowered. Editing a bid requires the new amount to exceed both the current highest bid and your own prior bid.
• You may cancel your bid and have the held amount released back to your buying power only if you are not the current highest bidder. The standing highest bidder cannot cancel.
• All bids are commitments. If you are declared the winner, you are obligated to complete the purchase and pay all associated fees.

An auction on a vehicle can end in one of the following states:

• Won — a winner is declared and an invoice is issued to that user.
• Closed — the auction ends with no winner.
• Cancelled — the auction is voided and all held amounts are refunded to every bidder.

When you do not win an auction, the buying power held for your bid is released back to your available balance.

Winning a vehicle generates an invoice covering the sale price plus applicable fees (auction fees, gate fees, shipping, and other charges shown on the invoice). Payment must be completed within the timeframe stated on the invoice. Vehicles are sold "AS IS, WHERE IS" with no warranties, and sales are final once payment is settled.

Where permitted, your existing buying power may be applied toward an invoice; any remaining balance is payable through the invoiced payment method.

• Bidding without the intent or ability to pay.
• Manipulating auctions, using multiple accounts, or colluding with other users.
• Fraudulent chargebacks or payment disputes made in bad faith.
• Any use of the Website that violates applicable law or export regulations.

The Website and all vehicle listings are provided on an "as available" basis. We do not guarantee the accuracy of third-party listing data. To the maximum extent permitted by law, we are not liable for indirect, incidental, or consequential damages arising from your use of the Website.

AutoBid.auction is an independent broker. It is not owned by, or affiliated with, Copart, Inc. or its subsidiaries. Vehicles are purchased from AutoBid.auction and its dealers, not directly from Copart.

We may update these Terms from time to time. Continued use of the Website after changes take effect constitutes acceptance of the revised Terms.

Questions about these Terms? Contact our support team at +1 725 648 0862 (International – USA), Monday–Friday, 9am–5pm EST.