Copart, Inc. is a provider of vehicle remarketing services in United States, Canada and United Kingdom. The Company provides vehicle sellers with a range of remarketing services to process and sell vehicles over the Internet through the Company’s Virtual Bidding Second Generation Internet auction-style sales technology, which it refers to as VB2. – more... The Company sells principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers and exporters and, at certain locations, it sells directly to the general public. In United States, it sells vehicles primarily as an agent and derive revenue primarily from sales transaction fees paid by vehicle suppliers and vehicle buyers, as well as related fees for services, such as towing and storage. In United Kingdom, it operates primarily on a principal basis, purchasing the salvage vehicle outright from the insurance companies and reselling the vehicle for its own account.
(Source: 10-K) – less – More from ZoomInfo »
Working at COPART
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