Copart
Copart describes itself as an online auction platform connecting buyers and sellers of cars, motorcycles, trucks and other vehicles and equipment. Its homepage sets out a three-step process of registering, searching inventory and bidding.
Copart: Online vehicle auctions
Members sign up for a Basic or Premier membership, and the site mentions a powersports auction and a wholesale vehicle section.
| Product or service | Function |
|---|---|
| Online vehicle auctions | Daily auctions for used, wholesale and repairable vehicles. |
| Membership | Basic and Premier membership levels. |
| Wholesale vehicles | A section for wholesale inventory. |
| Powersports auction | A powersports auction built into the account. |
Copart: product details
Copart's home page describes a fully online auction for used, wholesale and repairable vehicles, with a three-step process: register for a Basic or Premier membership, search more than 500,000 vehicles available every day, and bid in auctions held Monday through Friday. It says over 4 million used, wholesale and repairable cars, trucks and SUVs are sold per year and promotes what it calls the largest powersport auction in North America, now inside the same account.
These are company figures.
For a dealer the site is a wholesale source and a disposal channel rather than a retail tool. A dealer should ask what the buyer fees and membership tier cost, how title and branded vehicles are disclosed, whether export shipping quotes are available, how pickup and storage fees work and how inspection and condition information compares to a dealer-only auction.
Its home page also shows a sign-in for members and sellers, a basic and premier membership choice, and a note that export shipping quotes can take up to 36 hours, which tells a dealer that overseas sales run on a slower process than local buying.
Its home page also highlights a featured exclusive vehicle and a count of live auctions happening now, which signals that inventory turns daily. A dealer sourcing repairable or salvage units should confirm local branding and rebuild rules before bidding.
Check the fine print.