Why do I have to submit a credit card to increase a bid on a car I already bid on?
Each vehicle you bid on require a deposit. A deposit must be either $400 or 10% of your bid (whichever is greater). So, for example, if your original bid was $4000, your required deposit was $400. If you later decide to increase that bid to $5000, an additional $100 will be required to up that bid to $5000. Learn more about How does RideSafely Services – Copart Auction, IAAI work and How much is the security deposit.
If you have any additional questions, please do not hesitate to contact us at (215) 289-0300.
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