The same winning bid costs a different amount at each auction. See both totals side by side, then the fees and rules behind the difference.
Copart with secured funds and a live internet bid; IAAI on the standard tier with a live online bid. These are the assumptions each calculator's worked examples use. IAAI's environmental fee is left out because its published amount is not consistent.
| Winning bid | Copart total | IAAI total | IAAI minus Copart |
|---|---|---|---|
| $500.00 | $889.00 | $964.00 | +$75.00 |
| $2,000.00 | $2,729.00 | $2,839.00 | +$110.00 |
| $5,000.00 | $6,014.00 | $6,094.00 | +$80.00 |
| $8,000.00 | $9,129.00 | $9,279.00 | +$150.00 |
| What | Copart | IAAI |
|---|---|---|
| Flat fees | $95 gate, $15 environmental, $20 title handling | $95 gate, $20 title handling, $79 service fee, plus an environmental fee |
| Buyer fee | By bracket, higher on unsecured funds (credit card, company cheque); a percentage of the bid from $15,000 | By bracket and volume tier (high or standard); a percentage of the bid on high bids |
| Payment deadline | Three business days, counting the sale day; $50 per vehicle after that | Three business days after the sale |
| Relist fee if you do not pay | 10% of the sale price, at least $600 | 15% of the sale price, at least $1,000 |
| Free storage | Three calendar days, counting the sale day, then a daily fee set by the yard | Set by each branch, often a few days, then a daily fee |
| Membership | Basic $99 a year; Premier $249 a year with a refundable $400 deposit | A registration fee at sign-up, listed at $200 by many branches |
Copart fees calculator · IAAI fees calculator
On a $5,000.00 winning bid, Copart's published fees bring the total to $6,014.00 and IAAI's to $6,094.00, so Copart comes out $80.00 lower. IAAI charges a $79 service fee that Copart does not. Storage, relisting, transport and any broker fee are not in either figure.
Yes, for part of the inventory. Both auctions open some lots to the public; the rest need a dealer or business license, depending on the state and the title. Without one you bid through a registered broker, who charges a fee of their own on top of the auction's.
The same kind of cars: mostly insurance write-offs sold for insurers, alongside salvage, clean-title, rental and fleet vehicles. Each lot is listed by one auction, so it pays to search both. IAAI is Insurance Auto Auctions, often shortened to IAA.
Both auctions charge storage once the free days after the sale run out. At Copart that is usually three calendar days counting the sale day; at IAAI each branch sets its own. Booking transport before the auction is the simplest way to stay inside the free days.
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