Yes. LightSpeedBid verifies all buyer licenses, dealer registrations, salvage licenses, tow operator credentials, and business certifications long before they are allowed to pick up your vehicle. You never have to worry about unverified individuals taking your car. This is one of the most important protections LightSpeedBid provides for people who want to sell my car, sell my junk car, or get cash for my unwanted vehicle safely.
Every buyer on LightSpeedBid must provide valid state issued licenses that authorize them to purchase, tow, dismantle, recycle, export, or resell vehicles. LightSpeedBid conducts background checks, compliance checks, and ongoing monitoring. This ensures that no unlicensed or fraudulent buyers operate on the platform.
Because of this system, the seller does not need to personally verify the buyer’s license. LightSpeedBid has already done it. However, if you want additional reassurance, LightSpeedBid provides the buyer’s legal business name and license number in your dashboard so you can look it up with your state’s online dealer verification system.
When the tow driver arrives, they are operating under the buyer’s business license. The driver may not be required to carry the dealer license physically, because the dealer’s license is registered to the company, not the individual driver. LightSpeedBid ensures that the driver arriving at your home is authorized by the licensed buyer.
This process ensures maximum safety, transparency, and legal compliance for every vehicle transfer completed on the platform.