VB2, Virtual Bidding technology combines two bidding processes: an open, competitive Preliminary Bidding process, followed by a Virtual Sale. The Preliminary Bidding process allows buyers from around the world to preview vehicles and enter bids over the Internet or at bidding kiosks located at each Copart facility. Using Preliminary Bidding, buyers enter the maximum price they are willing to pay for a vehicle and Copart's Bid4U (Bid for You) feature incrementally bids the vehicle on their behalf. Buyers who are outbid receive an email notification and are provided the opportunity to re-bid the vehicle.
Once Copart receives the seller's transferable vehicle title, the vehicle is scheduled for a Virtual Sale. Internet buyers and local buyers continue to compete in the Preliminary Bidding process until one hour prior to the start of the internet-only Virtual Sale.
During the Virtual Sale, Copart's powerful web server conducts an auction-style Internet sale! From anywhere in the world, buyers join the sale by logging into Copart's website and selecting a Virtual Sale. When the Virtual Sale starts, five digital images of the vehicle are displayed along with the current high bid from the Preliminary Bidding period. Bid4U will represent the high Preliminary Bidder during the Virtual Sale. When bidding on the vehicle finally stops, a countdown is initiated. If nobody bids during the countdown, the vehicle is sold to the highest bidder. The process is fast, easy and user-friendly. Car searching and buying process at web.copart.com
To access the auction web site use the login and password, received to the registered email address. Choose the option Login / Member Login / Member and enter your access data.