Copart is a provider of online auctions and vehicle remarketing services. Co. provides vehicle sellers with a range of services to process and sell vehicles primarily over the internet through its Virtual Bidding Third Generation internet auction-style sales technology, which Co. refers to as VB3. Vehicle sellers consist primarily of insurance companies, but also include banks, finance companies, charities, fleet operators, dealers, vehicle rental companies, and individuals. Co. sells the vehicles principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, exporters, and to the general public.
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Buy (3.14 out of 4) 37th percentile
(ranked lower than approx. 63% of all stocks covered)
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