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Showing content with the highest reputation since 08/30/2026 in all areas

  1. 1 point
    I'm looking into funded account programs, but I'm confused about the mechanics. If you're trading with a platform's money, do you ever have to deposit your own funds into the live market? What happens if you incur a loss on the account, are you personally liable to pay back the lost money to the platform?
  2. 1 point
    I wouldn’t choose between them based only on the auction price. This comparison of https://blog.autobidmaster.com/2026/05/copart-vs-manheim-auction-comparison/ helped me see that the two platforms can be quite different depending on what you’re looking for. Copart is particularly interesting for salvage and damaged vehicles, while Manheim has a strong selection of wholesale vehicles from dealers and other sellers. I’d compare several similar listings on both platforms and look at the full cost, including fees, transportation, repairs, and title expenses. Sometimes the cheaper winning bid isn’t the cheaper car once everything is added together.
  3. 1 point
    The broker part was a big advantage for us too. We’ve bought cars from Copart before, but used AutoBidMaster this time because of the easier access for non-dealers and their shipping options. What I liked most was having one place to deal with the auction side and transportation instead of coordinating everything separately. Still, I’d say the biggest mistake is focusing only on the auction price: repair costs, Copart fees, broker fees, and getting the car home can change the numbers pretty quickly.
  4. 1 point
    Pretty much agree with this. We went through AutoBidMaster for our first Copart purchase mainly because we didn’t have a dealer license and didn’t want to deal with figuring out the whole process ourselves. Having a broker handle the bidding and paperwork made things a lot easier. We also liked being able to get an idea of the total costs before committing. The bid price definitely isn’t the final price, especially once you add fees and shipping.
  5. 1 point
    Same experience here after going through a few Copart buys. First time I also thought “salvage = completely wrecked”, but once you actually start looking at listings, it’s all mixed. Had a theft recovery with basically zero damage, and also saw “clean title” used cars that needed way more work than some salvage ones. Biggest thing I learned is what you said — the bid is just step one. Transport, parts, small hidden issues… that’s where the real numbers show up. Used AutoBidMaster for access and it made that part pretty straightforward, but the mindset shift was the real difference for me: don’t chase the win, build the full cost in your head before you even bid.
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