SalvageReseller.com is an app that allows individuals and businesses to purchase vehicles for sale at Copart Auto Auctions, which is a licensed dealers-only auction. Once registered, the buyer receives a bidder number and a password to login at Copart.com, and will be able to make bids up to the amount supported by the security deposit the buyer has on fund. The minimum security deposit required is $400, which allows the buyer to bid on one vehicle up to $4000. If the buyer wishes to bid on more than one vehicle or higher than $4000, then he must increase the security deposit to a minimum of 10% of the bids. Every additional vehicle you wish to bid on requires a minimum of $400 in security deposit.
SalvageReseller.com offers two subscription options: a monthly subscription with a 30-day free trial and a $25 monthly subscription fee, or a yearly subscription for only $150 a year. No dealer license is required to buy, simply enter your contact information and select whether or not you are a resident of the US or Canada. If so, your driver's license number will be necessary to register. If you are not a US or Canada resident, then you must select the country where you reside and enter your passport number. You will be required to provide a copy of your ID. The app shows more than 100,000 vehicles for sale, of many makes and models, including cars, motorcycles, trucks, SUVs, machinery, boats, and anything in between, with the vehicle details and pictures provided by Copart.
Once you are awarded a vehicle, you will be notified via email by Copart and SalvageReseller.com. You will also receive the payment instructions and the vehicle documents from SalvageReseller.com. Payment must be made to Inloher Corp. (not Copart), via wire transfer or with a direct deposit to Bank of America. SalvageReseller.com does not accept credit card for vehicle payments. You have two (2) working days from the date of the sale to pay in full before Copart charges $50 in late payment fees. Failure to pay the vehicle within seven (7) calendar days (including the sale date) forfeits your purchase, you will lose your security deposit, and will have to pay a $250 sales cancellation fee for every vehicle.
SalvageReseller.com is owned by Inloher Corp., a Florida Licensed Auto Dealer, and a Copart Registered Broker for many years. Inloher owns a network of websites featuring salvage cars, salvage motorcycles, salvage trucks, and boats for sale from Copart. These vehicles come from financial institutions, insurance companies, rental cars, and more. The SalvageReseller.com app is the first of its kind, so they will be adding more features and improving the performance continuously.