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.