Deposit directly on Copart
Copart Basic members must place a deposit to bid above $2,000 on any vehicle; Premier members keep one refundable deposit on file. Copart lets you request a refund of a security deposit from your account page as long as it is not tied to an outstanding bid or unpaid fees. If you win and do not pay within 8 calendar days, the relist fee (10% of the sale price, $600 minimum) is taken from your deposit.
Deposit through BasicMobile
- Copart and IAAI: 10% of your bid limit, with a $600 minimum.
- Manheim: 50% of your bid limit.
- Your first $100 opens the account and counts toward the deposit. For a $6,000 limit on Copart that is $500 more after the $100.
- Bidding is enabled once the required total deposit is confirmed. You can browse before that.
$3,000 → $600 · $6,000 → $600 · $10,000 → $1,000 · $20,000 → $2,000
What happens to the deposit when you win
We apply the deposit to the purchase and invoice the remaining balance: vehicle price, Copart fees, our service fee, and any title or transport costs you ordered. Copart requires full payment within 3 business days including the sale day, so the balance is due quickly. We pay the auction; auctions do not accept third-party payments on a dealer account, so the money goes through us.
Refunds
The first $100 is credited toward your car; if you never buy a car it is not refundable. Any additional bidding deposit can be returned on request by WhatsApp or email, less money needed for a won vehicle or unpaid charges. Placing a bid that does not win does not block a refund. Full conditions are in the Terms of Service.
Questions about copart deposit
How much is the Copart deposit?
On Copart directly, Basic members need a deposit to bid above $2,000. Through BasicMobile the deposit is 10% of your bid limit with a $600 minimum, and your first $100 counts toward it.
Is the Copart deposit refundable?
Yes when it is not tied to an outstanding bid, a won vehicle or unpaid fees. Through BasicMobile the additional deposit is refundable on request; the first $100 is credited to your car and is not refunded if you never buy one.
Does the deposit count toward the car?
Yes. When you win, the deposit is applied to the purchase and you pay only the remaining balance.
Get your auction account today
Direct access to Copart, IAAI and Manheim with your own bidder account under our Florida dealer license. One-time $100, credited to your car. Account issued within 12 hours, usually within minutes.
Related guides
Copart and IAA fee and licensing details are taken from copart.com and iaai.com as of October 2026 and can change; the auction’s own page is the final word. BasicMobile fees and deposits are as published on this site.