Re: Flood and salvage cars
Posted to Open Discussion Forum on 9/2/2017
1 Reply
Martin
The rules for bidding on vehicles at an auction like Copart
vary from state to state. I purchased two salvage trikes
thru Copart. Both were out of state (Texas) those states
required a licensed dealer that was registered with Copart
to be bid on.
In Texas if the Vehicle is a regular title the buyer is
required to have a dealer license. Now if one wanted to bid
on a Salvage (Branded) title vehicle any person can bid no
dealer requirement. The same goes for a vehicle that is
branded for say destruction only (can sell as parted out
only)
Copart does have a list of states with bid requirements for
each type of title
Actually I purchased one of those trikes just over 4 months
after it was first sold by HD with only 12 actual miles for
1/3 what a new one would cost. (I think the first test ride
did not go as planned) Replaced headlight and some other
front chrome tins. Also needed to fix and repaint scarred
rear fender.
If I was younger I would buy lightly damaged HD Motorcycles
cheap and fix them up and resell. Most of those MC on Copart
are auctioned because MC dealers do not have body shops to
fix bikes like what the automotive side does. So their is
everything from complete totals to many with minor to
limited damage that the insurance companies get rid of at
auction.
Sorry got off track and about each state has different bid
rules. Just Saying
Robert Harris Technician/Technical Information Specialist (Retired) Robert Harris Alvarado, Texas, USA
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