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Find more than 175,000 cars, trucks, SUVs motorcycles, boats, classics, exotics and more with the Copart Mobile App. Using the Copart Mobile App, Basic and Premier Members can bid on and win vehicles 

The Copart Transportation Mobile App makes it easier for tow providers to pick up vehicles with Copart. It notifies you of and tracks trips from assignment to completion.

The newest version of the ap

Copart GO App

The Copart GO App lets Sellers list cars from their own lots in minutes and connects their inventory with Buyers around the world. Create offsite assignments, view your inventory, accep

Acting with integrity is the foundation of Copart's reputation and guides all business decisions and customer interactions.

Integrity

Copart invites employees to share innovative ideas and bring new products and processes to life, fostering a culture where every employee can be an owner and contributor.

Innovation

Committed to providing 'legendary service' to customers, going above and beyond to meet and exceed expectations in every transaction.

Customer Service

Driving exceptional results through operational excellence, continuous improvement, and accountability at all levels of the organization.

Performance

Copart is the world's largest online vehicle auction platform, providing remarketing services to automotive resellers including insurance, rental car, fleet and finance companies across 11 countries with over 250 locations.

How Copart Is Making a Billion Dollars from a Junkyard

Copart and IAAI Auction Sales History Database

Jeff Liaw

Chief Executive Officer & Director

Jay Adair

Executive Chairman

Leah Stearns

Chief Financial Officer

Hessel Verhage

Chief Operating Officer

Dave Kang

Chief Marketing Officer

Neel Madhvani

Chief Product Officer

Willis J. Johnson

Founder & Executive Chairman Emeritus

Copart, Inc. is a multinational provider of online vehicle auction and remarketing services to automotive resellers such as insurance, rental car, fleet, and finance companies. Copart operates in 11 countries: the US, Canada, the UK, Germany, Ireland, Brazil, Spain, UAE, Bahrain, Oman, and Finland. Headquartered in Dallas, Texas, Copart has more than 200 locations, where it houses more than 10,000 acres of vehicle inventory. Copart sells used, wholesale and repairable vehicles in weekly and bi-weekly online auctions to buyers ranging from consumers to automotive businesses. Copart provides vehicle sellers with a range of services to process and sell repairable and clean title vehicles over the internet, using its patented virtual auction technology, named VB3, as well as others of its auction-related brands.

Copart's patented online auction technology enabling global buyers to bid on vehicles in real-time. The platform supports all modern browsers, requires no plugins, and provides full mobile functionality for seamless bidding experiences from any device.

VB3 Virtual Auction Platform

Core service providing vehicle auction and remarketing solutions for insurance companies processing total loss and salvage vehicles. Copart manages the entire process from vehicle intake, storage, inspection, photography, auction listing, and title processing for insurance carriers.

Insurance Vehicle Remarketing

Consumer-facing service allowing individual buyers to purchase vehicles directly through Copart's platform. This service democratizes access to salvage and clean title vehicles for consumers, expanding Copart's buyer base beyond commercial entities.

Copart Direct

Specialized auction services for franchised and independent auto dealers to sell trade-ins, aged inventory, and off-lease vehicles. CDS provides dealers with a national marketplace to efficiently move non-retail inventory.

Copart Dealer Services (CDS)

Tailored auction solutions for fleet operators, rental car companies, banks, and finance companies to sell used vehicles at the end of their lifecycle. Copart's scale and buyer network maximize recovery values for fleet and finance clients.

Fleet & Finance Remarketing

Integrated title processing and lienholder payment system streamlining the vehicle transfer process. In 2025, Copart partnered with One Inc to integrate ClaimsPay for accelerated lienholder payments, reducing settlement times.

Title Express & Loan Payoff

Comprehensive vehicle transportation services moving vehicles from customer locations to Copart facilities and from facilities to winning buyers. The company's logistics network supports its 250+ locations across 11 countries.

Transportation & Logistics

Copart announced fiscal year 2025 results with revenue of $4.6 billion (up 9.7%), net income of $1.6 billion (up 13.9%), and diluted EPS of $1.59 (up 13.6%). The company achieved record total loss frequency of 22.2% and sold over 4 million vehicles globally through more than 250 locations.

Copart Reports Record Fiscal Year 2025 Performance

Copart reported Q3 fiscal 2025 revenue of $1.2 billion (up 7.5% year-over-year) with gross profit rising 5.1% to $552.3 million. CEO Jeff Liaw noted historic total loss frequency of 22.2%, an all-time annual high, driven by catastrophic events including hurricanes Milton and Helene in late 2024.

Record Total Loss Frequency Drives Q2 2025 Growth

One Inc announced a collaboration with Copart to integrate One Inc's ClaimsPay with Copart's Title Express and Loan Payoff system. The integration aims to accelerate lienholder payments and streamline the vehicle settlement process for insurance companies and financial institutions.

Copart Partners with One Inc for Accelerated Lienholder Payments

Copart announced leadership changes with Jeff Liaw appointed as sole CEO and director, while Jay Adair transitioned to Executive Chairman. Liaw, who joined Copart in 2016 as CFO and served as Co-CEO since 2022, will lead the company's next growth phase. Adair, who led Copart as CEO since 2010, will focus on strategic initiatives as Executive Chairman.

Jeff Liaw Becomes Sole CEO as Jay Adair Transitions to Executive Chairman

Copart appointed three new senior executives: Chief Marketing Officer Dave Kang (leading marketing analytics, brand, communications and digital), Chief Product Officer Neel Madhvani (overseeing new product development initiatives), and Chief Operating Officer Hessel Verhage (managing operations across 250+ locations). The appointments strengthen Copart's leadership bench for continued growth.

Copart Strengthens Leadership Team with Three Senior Executive Appointments

Copart reported fiscal year 2024 revenue of $4.2 billion (up 9.5%), net income of $1.4 billion (up 10.1%), and diluted EPS of $1.40 (up 9.4%). Cash and cash equivalents totaled $1.5 billion, up from $957.4 million the prior year. The company demonstrated strong operating leverage with 33% net margins.

Copart Reports Strong Q4 Fiscal 2024 Results

Copart announced the appointment of Leah Stearns as Chief Financial Officer, effective December 5, 2022. Stearns joined from CBRE Group where she served as CFO, and previously held leadership roles at American Tower Corporation for 17 years including CFO of the U.S. division and CEO of EMEA operations.

Leah Stearns Joins Copart as Chief Financial Officer

Coming soon, to a Copart auction near you!

Bugatti chiron pur sport at Copart salvage auction

First Copart Rebuilds

Bought a coparts car, and want opinions

Working with what I have 2010 v6 with a automatic transmission (someone else bought it from Copart and let it sat in there yard for 2 years before I bought it) already wrecked

Want to use copart. What do I need to know as a newbie?

Won at copart

Copart vs IAA

What to look for when using copart? Looking at vehicles that look fine but say salvaged

Copartonline

projectcar

carscirclejerk

Bugatti

carflipping

askcarguys

COPART INC

CoPart: Coordinated Partitioning of Last-Level Cache and Memory Bandwidth for Fairness-Aware Workload Consolidation on Commodity Servers

Comparison of Ankle Pressure, Systolic Toe Pressure, and Transcutaneous Oxygen Pressure to Predict Major Amputation After 1 Year in the COPART Cohort

External Applicability of the COMPASS and VOYAGER-PAD Trials on Patients with Symptomatic Lower Extremity Artery Disease in France: The COPART Registry.

CoPart: a context-based partitioning technique for big data

Evolution of Major Amputation Risk in Patients Hospitalized in France for Critical Limb Ischemia: The COPART Registry

Effects of iloprost in patients with critical limb ischemia: Results of a cohort study from the COPART registry.

Copart Inc.

Évolution des caractéristiques de l’AOMI selon le sexe : 18 ans de recul grâce à la cohorte COPART

Caractéristiques de l’AOMI chez les octogénaires et nonagénaires : enseignements de la cohorte COPART

Prise en charge des dyslipidémies chez les patients hospitalisés pour une artériopathie oblitérante des membres inférieurs à partir du registre COPART

Willis J. Johnson founded Copart in Vallejo, California, with a single salvage yard after selling his house and moving his family into a trailer to finance the venture. The company was named after Johnson's earlier dismantling magazine business.

Company Founded

Copart began expanding beyond California with acquisitions in Oregon, Washington, and Texas, nearly tripling yearly volume from 17,200 vehicles in 1990 to over 45,000 by 1993. By 1993, the company operated 11 locations across Northern California, Texas, and the Pacific Northwest.

Early Regional Expansion

Copart went public on NASDAQ under ticker symbol 'CPRT' on March 17, 1994, raising $26 million to finance aggressive acquisition strategy and national expansion. The IPO marked a significant milestone in Copart's growth trajectory.

Initial Public Offering

Copart acquired NER Auction Group for $43.6 million, adding 20 auto salvage facilities across 11 midwestern states. This acquisition doubled Copart's total auto processing volume to more than 220,000 units per year, establishing national presence.

Major NER Acquisition

Copart created the Copart Auction System (CAS), a unified technology platform designed to support the growing business and standardize operations across all facilities. This laid the foundation for future technology innovations.

Copart Auction System Launch

Copart introduced internet bidding, a revolutionary departure from the industry standard of local physical auctions. This innovation transformed the vehicle auction industry and became Copart's key competitive advantage.

Internet Bidding Pioneer

Copart grew to 100 locations and became the first company to launch a completely online auction model with VB2 technology. The company also expanded internationally with its first Canada yard opening, marking the beginning of global expansion.

Fully Online Auction Platform

Copart expanded its international footprint to the United Kingdom, marking its entry into the European market and demonstrating the scalability of its online auction platform across different regulatory environments.

UK Market Entry

Jay Adair succeeded founder Willis Johnson as CEO. Adair, who joined Copart in 1989 at age 19, had served in various leadership roles and was instrumental in developing the company's technology strategy.

CEO Transition to Jay Adair

Copart relocated its corporate headquarters from Fairfield, California, to Dallas, Texas, positioning the company for continued growth and expansion in new markets including UAE, Brazil, Bahrain, Oman, Spain, Ireland and Germany.

Headquarters Relocation

Copart upgraded from VB2 to VB3, a next-generation auction platform supporting the latest browsers, eliminating plugin requirements, and enabling full mobile interactivity. The company also acquired CrashedToys to broaden inventory offerings.

VB3 Platform Upgrade

Copart acquired 3M Communication Market Division in a cash transaction of approximately $900 million, expanding its capabilities in telecommunications infrastructure and related services.

3M Communications Acquisition

Copart expanded into Finland through the acquisition of Autovahinkokeskus (AVK), continuing its strategic international expansion and bringing its total to 11 countries.

Finland Market Entry

Jeff Liaw became sole CEO after serving as Co-CEO with Jay Adair since 2022. Adair transitioned to Executive Chairman. The company also appointed three new senior executives: CMO Dave Kang, CPO Neel Madhvani, and COO Hessel Verhage, strengthening the leadership team.

Leadership Transition

Copart posted fiscal year 2025 revenue of $4.6 billion (up 9.7%), net income of $1.6 billion (up 13.9%), and EPS of $1.59 (up 13.6%). The company achieved record total loss frequency of 22.2% and sold over 4 million units globally through more than 250 locations.

Record Performance

Explore the latest styles in fashion, home and beauty with the H&M app. Discover inspiring collections and intuitive features that simplify the shopping experience — from instant search to real-time o

Your top app for online fashion shopping in Saudi Arabia, United Arab Emirates, Kuwait, Egypt, and Qatar.  Download the H&M app and shop all fashion clothing and accessories such as:

- Women's clothe

Erling Persson (1947 Sweden, retail entrepreneur)

Germany fines H&M 35 million euros for data protection breaches

H & M Hennes & Mauritz AB, commonly known by its brand name H&M, is a Swedish multinational clothing company headquartered in Stockholm. Built on a fast fashion business model, the retailer sells apparel, accessories, and homeware. The company operates thousands of stores across 75 geographical markets and employs over 171,000 people worldwide. H&M is the second-largest international clothing retailer after Inditex. H&M was founded by Erling Persson in 1947 under the name Hennes. The CEO of H&M from 2020 to 2024 was Helena Helmersson. The current CEO, as of January 2024, is Daniel Ervér.

Swedish multinational clothing-retail company

H&M generated $22B revenue 2024 as 2nd-largest fashion retailer (Swedish privately-held Persson family, 4,000+ stores 75 countries down from 5,000 peak, fast-fashion $10-40 T-shirts/dresses/basics, Conscious Collection sustainability 50% recycled). Founded 1947 Sweden as Hennes ('Hers') by Erling Persson (women's clothing, 1968 acquired Mauritz Widforss menswear rebranded H&M). 1970s-2000s global (U.S. 2000 NYC, 3,000+ stores, designer collaborations Karl Lagerfeld 2004 $100M sellout). However, 2015-2024 struggles: inventory crisis $4B unsold 2018 (slow fashion cycles versus Zara 2-week, store closures 500+, online 30% transition late), sustainability backlash greenwashing allegations Conscious Collection 5% actually recycled, Shein $30B ultra-fast $5-15 Gen Z. Competing Zara $30B #1 Inditex, Uniqlo $20B basics, Shein $30B online-only $5. Technology: mobile app, membership loyalty, digital receipts, inventory AI predictive limited. Employees 100,000+ (from 120K peak, store closures layoffs).

H&M's Sustainability Push and Inventory Crisis Navigate Fast-Fashion Backlash as Zara Competition and Shein $30B Ultra-Fast Threaten Market Share

H&M reaches $22B revenue as 2nd-largest global fashion retailer with 4,000+ stores, fast-fashion $10-40 model, Swedish origins, struggling Zara competition

H&M HENNES & MAURITZ AB

Women's clothing 'Hers'. Affordable fashion U.S.-inspired. 15 stores Sweden expansion.

Hennes & Mauritz. Added men's hunting/outdoor apparel. Stockholm stock. Sweden national chain.

Fifth Avenue flagship. 3,000+ stores. Fast-fashion model 2-4 week cycles. Zara competition began.

Stella McCartney, Balmain, Versace collabs. Prestige affordable $50-100. Marketing hype lines.

Recycled materials 50% claim. Greenwashing allegations 5% actually recycled. Garment collecting stores.

Slow fashion cycles vs Zara 2-week. Online 30% late transition. Shein $30B $5-15 Gen Z ultra-fast threat.

CEO Helena Helmersson sustainability. Persson family billionaires privately-held. 100K employees (from 120K). Online 30%.

Copart vs H&M (Hennes & Mauritz)

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