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Increment bidding allows Copart to increase your entered bid by one and only one increment in the event your entered bid is tied with a bid from another member. If your bid is the highest bid, then your bid will NOT be incremented. Our increments are based on the following table :
Bid Range $
Increment $
0 - 5
1
5 - 40
5
40 - 100
10
100 - 1,000
25
1,000 - 5,000
50
5,000 - 25,000
100
25,000 - 50,000
250
50,000 - 100,000
500
100,000 - 9,999,999.99
1,000
Note: The bid increment checkbox is selected by default.
Example 1: You checked the increment bid box and bid $15,000. Another bid of $15,000 has already been placed. Your bid is placed next at $15,100 because you checked the increment bid box. The car sells to you at no more than $15,100 (unless another Member bids $15,200 or more, either during pre-bidding or in the live online auction).
