Copart, Inc. (CPRT)

Provider of online vehicle auction and remarketing services for salvage and clean title vehicles.

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Copart, Inc. Logo Copart, Inc. operates a leading online auction platform specializing in vehicle remarketing across multiple countries including the United States, Canada, the United Kingdom, Brazil, Ireland, Germany, Finland, the United Arab Emirates, Oman, Bahrain, and Spain. Utilizing advanced third-generation internet auction technology, the company facilitates the sale and processing of vehicles for a wide range of clients such as insurance companies, banks, fleet operators, and individual sellers. Copart's services encompass every stage of the vehicle lifecycle, from salvage estimation and transportation to title processing, vehicle inspection, and end-of-life vehicle processing.

In addition to its core auction services, Copart offers a variety of innovative solutions to enhance customer experience and operational efficiency. These include CashForCars.com, a service for direct vehicle sales; Copart Recycling, enabling the public to purchase salvaged vehicle parts; and Copart 360, an online platform for viewing detailed vehicle images. The company also provides membership tiers on its Copart.com platform, allowing registered users access to exclusive buying privileges and features like the virtual queue system to streamline onsite visits.

Founded in 1982 and headquartered in Dallas, Texas, Copart continues to expand its global footprint and enhance its technological capabilities to meet the evolving needs of its diverse customer base. By leveraging its robust online marketplace and comprehensive service offerings, Copart remains a trusted partner in the automotive industry for buying, selling, and managing vehicles efficiently and effectively.

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