# Salvage auction software that keeps the title, the brand and the federal report on one lot > A salvage auction is a licensed sale of vehicles an insurer, a lender or a state has declared a total loss, sold on to rebuilders, dismantlers and exporters. The reporting is not optional. A salvage auction has 3 days to report a consigned vehicle to the national title system, and any junk or salvage yard files a monthly inventory of what it took in. Neurobird keeps the lot, the title, the brand and the report together on one record. - URL: https://neurobird.com/salvageauction/ - Product: Neurobird Salvage Auction Compliance Platform - Niche: salvage auction - Buyer: salvage auctions and pools - Status: in development, open for early access - Updated: 2026-08-22 ## What Neurobird Salvage Auction does - Hold the vehicle identification number, the title and the brand on one lot so the paperwork matches the metal - Track title status from tow in to release and show which lots sold ahead of their paperwork - Build the monthly inventory from the lots already entered instead of rebuilding it at month end - Keep buyer licences and eligibility on file so a restricted lot cannot go to an ineligible bidder ## How it works 1. **Intake the vehicle** Identification number, photographs, the brand as declared and the source of the vehicle are captured once at tow in, and everything after that hangs off that lot. 2. **Match the title** Title status, brand and issuing state sit on the lot, so a sale running ahead of the paperwork is visible while it can still be fixed. 3. **Report on time** The consignment report and the monthly inventory are built from records already entered, with the date each report was filed kept on the lot it covered. ## From the source material > All inventory of the business shall be stored behind the fence or enclosure to promote and preserve a positive visual impact of the salvage yard's business on the surrounding neighborhood. Source: Ohio BMV, salvage motor vehicle dealer, auction or pool license, https://autodealers.ohio.gov/resources-for-dealers/permits-and-licenses-issued/salvage-license ## Industry context - **3 days** The window a salvage auction has to report a consigned vehicle status to the national title information system, or before the vehicle is auctioned if that comes first. (source: 49 CFR 599.402, https://www.law.cornell.edu/cfr/text/49/599.402) - **5 vehicles** Annual volume below which an individual or entity is not required to report salvage, junk or total loss vehicles under the salvage yard requirements, with everyone above it filing monthly. (source: 28 CFR 25.56, https://www.law.cornell.edu/cfr/text/28/25.56) - **11 inches** Minimum height of the stock a Buyers Guide is printed on, at 7 1/4 inches wide, in 100 percent black ink on white paper with the wording exactly as the rule sets it. (source: 16 CFR 455.2, https://www.law.cornell.edu/cfr/text/16/455.2) - **5 used vehicles** Sales or offers in a 12 month period above which a dealer must comply with the Used Car Rule and display a Buyers Guide on every vehicle offered. (source: FTC, guide to the Used Car Rule, https://www.ftc.gov/business-guidance/resources/dealers-guide-used-car-rule) - **1992** The Anti Car Theft Act that created the national motor vehicle title information system, with responsibility moved from the Department of Transportation to the Department of Justice in 1996. (source: Bureau of Justice Assistance, NMVTIS overview, https://bja.ojp.gov/program/nmvtis/overview) - **6 inches** Minimum letter height on the permanent business sign an Ohio salvage motor vehicle dealer, auction or pool must display at its licensed location. (source: Ohio BMV, salvage motor vehicle dealer, auction or pool license, https://autodealers.ohio.gov/resources-for-dealers/permits-and-licenses-issued/salvage-license) ## Pricing - Small pool: $229 per month - Auction: $699 per month - Multi yard: $1,500 per month ## Questions ### What is a salvage auction? It is a licensed sale of vehicles an insurer, lender or state has declared a total loss, sold to rebuilders, dismantlers and exporters. Federal reporting attaches to it: a consigned vehicle must be reported within 3 days, and junk and salvage yards file a monthly inventory of what they took in. ### What are title brands and why do they matter here? A brand is the notation a state puts on a title, such as salvage, flood or rebuilt. It travels with the vehicle and it decides who may buy it. Recording the brand as issued, with the state that issued it, is what keeps a sale from unwinding later. ### Does this replace our auction platform? No. The platform runs the sale and the bidding. This holds the lot record underneath it: identification number, photographs, title status, brand, buyer eligibility and the report that went out. ### How does it help with the monthly federal report? The inventory is built from the lots already entered rather than assembled from spreadsheets at month end, and the date each report was filed stays on the record so you can show it. ## Sources - [49 CFR 599.402, requirements for salvage auctions](https://www.law.cornell.edu/cfr/text/49/599.402) - [28 CFR 25.56, responsibilities of junk and salvage yards](https://www.law.cornell.edu/cfr/text/28/25.56) - [FTC, guide to the Used Car Rule](https://www.ftc.gov/business-guidance/resources/dealers-guide-used-car-rule) - [16 CFR 455.2, consumer sales of used vehicles](https://www.law.cornell.edu/cfr/text/16/455.2) - [Ohio BMV, salvage motor vehicle dealer, auction or pool license](https://autodealers.ohio.gov/resources-for-dealers/permits-and-licenses-issued/salvage-license) - [Bureau of Justice Assistance, NMVTIS overview](https://bja.ojp.gov/program/nmvtis/overview) ## Contact - office@neurobird.com - https://neurobird.com/