Copart Inc
Company Profile
Business description
Based in Dallas, Copart operates a global online salvage vehicle auction with operations in 11 countries across North America, Europe, and the Middle East, facilitating over 4 million transactions annually. The company utilizes its virtual bidding platform, VB3, to connect vehicle sellers with over 750,000 registered buyers around the world. Buyers primarily consist of vehicle dismantlers, rebuilders, individuals, and used vehicle retailers. About 80% of Copart’s vehicle volume is supplied by auto insurance companies holding vehicles deemed a total loss. Copart also offers services such as vehicle transportation, storage, title transfer, and salvage value estimation. The company primarily operates on a consignment basis and collects fees based on the vehicle’s final selling price.
Contact
14185 Dallas Parkway
Suite 300
DallasTX75254
USAT: +1 972 391-5000
Sector
Industrials
Stock type
Sensitive
Industry
Specialty Business Services
Fiscal Year End
31 July 2027
Employees
11,600
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