Help on the QRP Salvage System

Welcome to QRPSalvage! QRPSalvage is the connecting link between you and the professional recyclers of the QRP networks. Our members offer you high quality recycled OE parts through QRP1Source Services and through QRPSalvage you are able to obtain competitive salvage bids from our members as well as reduce many of the associated costs of taking your salvage to pools or auctions for sale. You can also recognize where your salvage is for future use on repair estimates. Click on the "Sign up to use system" icon and fill out the form for "seller", and you are ready to go in 24 hours or less. Here is what happens when you select QRPSalvage and enter a vehicle for bids:

1) Upon entering your salvage all members in the QRP network are sent an email advising them of the placement of your salvage on the system. All members have a secure sign on code to the QRPSalvage server where they can review the vehicle data and images and place confidential bids for you. This is a blind bid program members cannot see other bids or the number of other bids.

2) Members who elect to bid on your salvage will place their bid, which then gets filed in a secure electronic file folder under your vehicle inventory screen where all bids are held until the end of the bidding period you selected when you entered your salvage for bids.

3) Upon expiration of the bidding period an email will be sent to you listing the total number of bids and the high bid amount and bidder. A similar email also goes to the high bidder alerting them that they MAY be getting an award. We do this to facilitate rapid salvage handling and encourage pick up arrangements as swiftly as possible. This email is not an award notification.

4) To "finalize" the bid, by either accepting, or rejecting the high bid. Simply go to your adjuster inventory page, open your inventory page, select the recently closed vehicle and click on it. See the "Accept or Decline this bid" icon on your inventory screen? Click on it and then select the drop down box to accept or decline the bid. Select the appropriate box concerning title receipt if awarding, or enter a note on why you are declining the sale (i.e. "Owner retained" or "Vehicle will be repaired") Now click on the "Finalize decision" icon. Now you have finished!

5) QRP Partners agree to pick up awarded units within 2 business days following the award, if our bid was $499 or less, or we pay the additional storage. On bids of $500 or more, we begin paying additional storage the next business day following an electronic award made before 5 p.m. on a normal business day.

6) Accepting or Declining the high bid using the "Finalize Decision" icon. This completes that function for you in real time. The high bidder has just been informed that he has, or has not, been awarded the vehicle. The system also tells the unsuccessful bidders if the high bid on the system was awarded the salvage or not, so you don't have to call the other bidders. Our system will show you the top 3 bids and also tell you the total number of bids received for your salvage. While this happens on line through our QRPSalvage server, the high bidder is also sent an email reminding him that he was or was not awarded the salvage. You will notice your inventory screen is color coded for simplicity. The bidders inventory screen is too.

7) QRP members agree to make payment in a timely fashion for your awarded salvage and you can expect payment to be issued within 14 days from the time you advise us title is in hand and we may begin processing the salvage.

8) www.QRPSalvage.com puts a salvage administration and management tool right at your fingertips. On line, real time functionality, with backup email notifications of new bidding opportunities and bid sequence closings for the bidder and sellers. You inventory screen provides verification of how and when your salvage was offered to our membership of professional, licensed recyclers. Your salvage offering records will be available for you at your inventory site for about 6 months. Our archive retrieval system will also help you to locate older claims you may need to view. By using our electronic "Accept/Decline this Bid" and "Finalize this Decision" function your inventory screen will be color coded with "Green" for sold vehicles, "Red" for declined vehicles, and "Yellow"- make a decision vehicles, and "White"- bids in progress vehicles. Using this system it is almost impossible to forget to move or process a piece of salvage again. The system also helps you identify files for audit purposes to determine payment timeliness as well as setting a minimum value for owner retained vehicles.

9) QRP will supply you with management reports for offerings by your company and adjusters. These reports will provide pertinent vehicle information, ACV, recovery % and claim number so managers can see in a glance how QRPSalvage works for you.

10) There is a $25 per vehicle fee that will be invoiced with your monthly management report sent to your company managers. Special programming available for Independent Appraisal firms seeking to provide their insurance customers with the best recovery possible.