What is Preliminary Bidding?
Those with a busy schedule can take advantage of Copart’s unique preliminary bidding system, which allows you to place your maximum bid on the vehicle(s) you’re interested in, 24 hours a day, at any time up to one hour before the virtual auction. Copart calls this system BID4U.
BID4U makes the bidding process easier and more efficient: You simply enter the maximum price you are willing to pay for the lot during preliminary bidding, and BID4U will bid on your behalf up to your maximum bid during the virtual auction.
You may even win the vehicle at a lower price than your maximum bid! For example: If your maximum bid is $2,000 and the virtual auction stops at $1,200 with you as the higher bidder, Copart awards you the vehicle for $1,200.
Please note that your maximum bid is absolutely confidential. Once you enter a bid, you cannot lower it or delete it. You can, however, increase it at any time.