Copart, Inc. is a global provider of online vehicle auction and remarketing services. The company primarily sells vehicles that have been damaged, totaled, recovered from theft, or otherwise deemed uneconomical to repair. Its customers include insurance companies, automobile dealers, dismantlers, rebuilders, exporters, rental and finance companies, and members of the general public.
Copart conducts auctions through its online VB3 platform, which connects buyers with vehicles listed at the company’s facilities. In addition to auction services, Copart provides vehicle storage, transportation and towing, title processing, vehicle inspection, and other services that support the disposition and resale of vehicles. Its operations help insurers and other vehicle owners manage claims and dispose of vehicles efficiently while providing buyers with access to repairable and used vehicles, parts, and materials.
Founded in 1982 by Willis Johnson, Copart has expanded from its initial operations in the United States into international markets, including Canada, the United Kingdom, Germany, Brazil, Ireland, and other countries. The company operates a network of vehicle storage and processing facilities supported by its digital auction platform. Jeff Liaw serves as Copart’s president and chief executive officer, while founder Willis Johnson serves as executive chairman.
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