How does ISA work?
First, place an offer on a vehicle before the specified deadline. The customer with the highest eligible offer is notified shortly after the deadline and then guarantees his offer with a security deposit. The security deposit is $500.00 or 20% of the offer price, whichever is greater. All customers must pay the security deposit via wire transfer ONLY or must sign a credit card authorization form and fax it back to 718-504-4056. These forms can be found on our website. You must down load the “REGISTRATION PACKAGE” and follow the instructions. Return customers in good standing may pay the security deposit with PayPal. ISA will present your offer to the Insurance Company Auction (closed to the general public), on your behalf. If your offer is accepted by the Insurance Salvage Auction, you are required to pay the balance within 2 business days. If ISA does not acquire the vehicle, the deposit is refunded to the customer upon request (Please note: There is a 5% surcharge for processing a Pa
