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Copart, Inc. is a global provider of online vehicle auction and remarketing services to automotive resellers such as insurance, rental car, fleet and finance companies in 11 countries; the US, Canada, the UK, Germany, Ireland, Brazil, Spain, UAE, Bahrain, Oman and Finland.
Manheim, Inc. is an automobile auction company. As a subsidiary of Cox Automotive, a subsidiary of privately owned Cox Enterprises, Inc. based in Atlanta, Georgia, Manheim's primary business is wholesaling vehicles via a bidding process using traditional and online formats.
Prices of vehicles sold at dealer auctions tend to be lower than those advertised on any dealer's lot. Sellers forgo a potentially higher sticker price to take their inventory to a dealer auction where it will be auctioned off for less than retail for a number of reasons. Maintaining aging inventory costs dealers both money and reputation.
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Inventory Locator Service, LLC (ILS) is an American company that started the first e-Marketplace for aviation, marine, and defense industries.ILS has its headquarters in Memphis, Tennessee, United States of America; with relationships globally, especially in North America, through its parent company CAMP Systems, Inc., a subsidiary of Hearst Corporation. [1]