The buyers agree to pay a broker fee to Inloher of $250 or 5% of the vehicle Sale Price (whatever is higher) not including Copart fees, for each vehicle purchased. Florida residents agree to pay $350 or 5% of the vehicle Sale Price (whatever is higher) not including Copart fees. Inloher reserves the right to modify the transaction fee at any time without notice.
The buyer agrees to pay Copart auction fees for each vehicle purchased based on the following table:
Sale Price Range Member Fees $0.01 - $49.99 $25.00 $50.00 - $99.99 $35.00 $100.00 - $199.99 $55.00 $200.00 - $299.99 $75.00 $300.00 - $399.99 $95.00 $400.00 - $499.99 $110.00 $500.00 - $599.99 $125.00 $600.00 - $699.99 $140.00 $700.00 - $799.99 $155.00 $800.00 - $899.99 $170.00 $900.00 - $999.99 $185.00 $1,000.00 - $1,199.99 $200.00 $1,200.00 - $1,399.99 $225.00 $1,400.00 - $1,599.99 $250.00 $1,600.00 - $1,799.99 $275.00 $1,800.00 - $1,999.99 $300.00 $2,000.00 - $2,499.99 $325.00 $2,500.00 - $2,999.99 $350.00 $3,000.00 - $4,999.99 $400.00 $5,000.00 - $7,499.99 $425.00 $7,500.00 - $9,999.99 $450.00 $10,000.00 - $14,999.99 $500.00 $15,000.00 - $19,999.99 $550.00 $20,000.00 - $24,999.99 $600.00 $25,000.00 - $29,999.99 $650.00 $30,000.00 - $34,999.99 $700.00 $35,000.00 - $999,999.99 2% Homeowners Items 20%
- Internet Bid Fee. Copart offers bidding kiosks in the lobbies of all of its facilities. These kiosks can be used to place preliminary bids on vehicles located at that particular location. If a winning bid was placed on a vehicle using a kiosk located at that facility, no Internet fees are assessed against that vehicle. If the winning high bid was placed during Preliminary Bidding via the Internet or during the live, virtual auction, Copart charges an Internet Bid Fee to the high bidder. The fee is based upon the high bid amount: a fee of $0 for sale prices of $99.99 or less, a fee of $29.00 for sale prices from $100.00 up to $499.99, a fee of $39.00 for sale prices from $500.00 to $999.99, a fee of $49.00 for sale prices of $1,000.00 to $1,499.99, a fee of $59.00 for sale prices of $1,500.00 to $1,999.99, a fee of $69.00 for sale prices of $2,000.00 to $3,999.99, a fee of $79.00 for sale prices of $4,000.00 or higher.
- Gate Fee. A $30.00 Gate/Loading Fee is assessed to all vehicles. This fee covers the movement of the vehicle from Copart’s sale/storage facilities to the buyer’s loading area. For buyers who are picking up the vehicle with vehicle transporters, this fee covers the time and manpower required to assist the driver in loading the vehicle onto the truck. Drivers are 100% responsible for securing their load at all times.
- Additional Fees (if applicable). If a vehicle and all applicable fees are not completely paid within 3 business days of purchase, including the sale day, a fee of $50.00 per vehicle will be assessed. In addition, storage will begin to accrue on vehicles at the rate of $20.00 per day after 7 days, including sale day, if the high bid was placed over the Internet or after 3 days, including the sale day, if the high bid was placed during preliminary bidding using a kiosk at the yard.
- Copart Fees. The buyer agrees to pay Copart auction fees for each vehicle purchased based on the following table:
SALES TAX RATE AND TAX CREDIT APPLICATION AS OF 11/30/2011
|STATE||SALES TAX RATE||IS CREDIT ALLOWED BY OTHER STATE FOR TAX PAID IN FLORIDA?|
|CONNECTICUT||6.35% (7% for motor vehicles with sales price exceeding $50,000)||YES|
|DELAWARE||0%||YES (If re-titled in Delaware within 90 days from date of the Florida title.)|
|DISTRICT OF COLUMBIA||0%||NO|
|KENTUCKY||0% for motor vehicles sold to KY residents||YES|
|MISSISSIPPI||5% on motor vehicles and light trucks 10,000 lbs. or less 3% on semi-trailers and trucks over 10,000 lbs. 7% on motorcycles NO (except for mobile homes)||NO (except for mobile homes)|
|NEBRASKA||5.5%||YES (up to 5.5%)|
|NEVADA||6.85,7.10,7.475,7.6, 7.725 OR 8.10% DEPENDING ON COUNTY||YES|
|SOUTH CAROLINA||5% (not to exceed $300)||YES|
|VIRGINIA||3% ($35 minimum)||YES|
|WEST VIRGINIA||5% (on motor vehicles over $500) $25 tax on motor vehicles less than $500||NO|
ATTENTION: ALL PAYMENTS MUST BE MADE TO INLOHER CORP., BY WIRE TRANSFER OR DIRECT DEPOSIT TO OUR BANK OF AMERICA ACCOUNT ONLY.