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Headquartered in Dallas, Texas, Copart has more than 200 physical locations around the world, 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 around the world.
He took Copart public in 1994. [4] He launched an online bidding platform for wrecked cars in 1998 [1] (or 2002 [4]). Willis Johnson retired from his position of CEO of Copart in 2010 and moved to Nashville, Tennessee. [4] In 2015, he co-founded now defunct on-demand household chore app, Takl. [4] July 2021.
Adair started at Copart as a manager in 1989 at the age of 19. [1] [4] In 1998, Adair pioneered Copart's move into online auctions, and by 2003, the company put auctions 100% online. [4] Adair has been a board member of Copart since September 1992. [5] Adair became the CEO of Copart, taking over Willis Johnson as he stepped down, in February ...
By 1947, the new building with four lanes to auction vehicles opened and soon the partners realized the general public was purchasing their vehicles at the auction instead of their dealership franchises. This action prompted the partners to make Manheim Auto Auction a dealer-only enterprise, making Manheim the largest auto exchange in 1959. [2]
The sale, to a private buyer, was for 135 million euros ($142,769,250). It handily outstripped the previous record-setting $48.4-million sale of a 1962 Ferrari 250 GTO at a 2018 auction to become the most expensive car ever sold at auction. Both of these high-dollar sales were brokered by RM Sotheby's. [1]
Dallas Car Sharks is an automotive reality show currently airing on Motor Trend that takes place in the Dallas–Fort Worth metroplex.It documents four competing car dealers (JD Cole, Martha Davis, Ash Rabah, and Tommy Spagnola) as they buy used cars at auction, refurbish them, and then attempt to flip (sell) them for a profit.
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