Copart Access Deposit

Unlock licensed dealer access to Copart through SpeedLab Brokerage.

A refundable $600 deposit is required to activate your account and establish your official buying power with the dealership.

Buying Power Formula:
Every $600 deposit = $6,000 in total bidding power
(Ex: $1,200 deposit = $12,000 buying power)

Your deposit stays on file and is not applied to any purchase, fees, transport, or taxes.
It is refunded only when you fully close your account with no pending balances, deals, or titles.

What This Deposit Does:
• Activates your account
• Gives you the ability to authorize bids
• Increases your buying power in clean $600 units
• Protects both you and the dealership from auction penalties
• Required before any bidding can occur
• Required in writing under our “No Funds, No Release” policy

How Much Do I Deposit?
Most buyers deposit one unit ($600) to get started.
If you want more buying power, simply increase the quantity at checkout:

• Qty 1 → $600 deposit → $6,000 buying power
• Qty 2 → $1,200 deposit → $12,000 buying power
• Qty 3 → $1,800 deposit → $18,000 buying power

This deposit is fully refundable upon permanent account closure.
Refunds may take up to 14 business days to process.

Important Policies:
• Deposits are not applied toward vehicle purchases or fees.
• All auction vehicles are AS-IS, WHERE-IS with no guarantees.
• No bids are placed until deposit is received and confirmed.
• All sales follow strict No Funds, No Release compliance.
• Deposit refunds only occur at full account closure, with no outstanding balances or pending titles.
• All fees and payment responsibilities are the buyer’s (Copart fees, taxes, transport, storage).

These terms match the SpeedLab Brokerage Agreement and apply to all clients.