Copart sells more than one million vehicles each year through VB2, our patented two-stage internet sales technology.
Members all over the world have come to Copart because of our extensive inventory with more than 50,000 vehicles available for bidding each day. Members can choose from classics, early or late model cars, trucks, SUVs, motorcycles, boats, snowmobiles, jet skis, recreational vehicles, and more.
Copart sells vehicles for a variety of consignors including finance companies, banks, dealers, fleets, rental car companies and the insurance industry. Copart also sells vehicles for the public through its fast, easy service called CopartDirect, and for franchised and independent auto dealers through its Copart Dealer Services (CDS) division. We have more than 140 facilities throughout the United States, Canada, and the United Kingdom, allowing us to be closer to both our buyers and sellers. We utilize a UK website to remarket vehicles in Europe.
Copart was founded in 1982 by CEO Willis J. Johnson, a true American success story. Johnson grew up learning about business from his father — an entrepreneur who dabbled in everything from dairy farming to running restaurants and building houses. Johnson took that entrepreneurial spirit, along with a strong work ethic and a passion for change, and started Copart with just one salvage yard in California. In 1994, he took Copart public (NASDAQ: "CPRT"), raising the money needed to expand the company across the United States. The development of VB2 transformed Copart from a salvage vehicle auction company into a technology company offering a global remarketing platform that links buyers and sellers around the world.
Johnson's vision has helped Copart tear down barriers that make it difficult or time-consuming to sell or buy cars. Copart is also dedicated to something called "legendary service" — service that leaves our customers going "WOW! How did they do that?"
Copart's success has earned us a place on Forbes "200 Best Small Companies" list nine years in a row. Copart was also featured on the television show, World's Best as "The World's Best Remarketing Company."
You have made an excellent choice coming to Copart.com. We hope you take some time to sit back, relax, and take a look at all that Copart and VB2 has to offer. We think you'll find that your experience with us will be "A Bid Above The Rest!"