@copart.com
Copart's innovative technology and online auction platform link Buyers and Sellers around the world.
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Founded in 1982, Copart is a leading online vehicle auction company based in the United States. Headquartered in Dallas, Texas, the company has grown significantly over the years and currently operates in over 200 locations across 11 countries. Copart primarily focuses on providing a platform for buying and selling used and salvaged vehicles through online auctions.
They offer a wide range of vehicles, including cars, trucks, SUVs, motorcycles, boats, and even heavy equipment. Their online platform allows individuals, dealerships, and insurance companies to easily participate in auctions and bid on vehicles from the comfort of their own location. On a global scale, Copart has established a strong presence in multiple countries through various subsidiaries and partnerships.
Some notable subsidiaries include CrashedToys, which specializes in the sale of motorcycles and powersports vehicles, and Copart Spain and Copart Germany, which cater to the European market. Additionally, the company has formed joint ventures and partnerships with companies such as AutoVin, a provider of vehicle inspection services, and Manheim Auctions, a wholesale vehicle auction company. With its massive global network, Copart has secured a dominant position in the market.
The company consistently ranks among the top players in the online vehicle auction industry, competing with companies like Insurance Auto Auctions (IAA) and Manheim Auctions. In terms of global sales, Copart has reported strong financial performance, consistently increasing its revenue year over year. Over the years, Copart has achieved significant milestones and implemented key strategies to fuel its growth.
In 2017, the company introduced a new mobile app to make it easier for customers to search and bid on vehicles. They have also focused on expanding their footprint in new international markets, including countries in Europe and the Middle East. As of the latest information available, Copart continues to thrive as a leader in the online vehicle auction industry.
The company remains committed to innovation and expansion, constantly looking for ways to improve its services and provide a seamless experience for customers worldwide. Copart's success can be attributed to its extensive global network, diverse product offerings, and commitment to customer satisfaction
Company Type
Public Company
Company Size
5001-10,000
Year Founded
1982
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