Copart Opens Location in Sun Valley, California, Hosting Location's First Online Auction

DALLAS, Nov. 3, 2016 /PRNewswire/ -- Copart, Inc. (NASDAQ: CPRT), a global online vehicle auction company, is proud to announce the opening and first online auction at its 14^th location in California. This is Copart's sixth location in the southern California market. 

"Identifying and purchasing land in such a densely populated area such as Los Angeles is a real testament to our team," said Jay Adair, CEO of Copart. "This location is our sixth location in Southern California and will allow us to better serve our customers."

Copart Sun Valley hosts online auctions every Wednesday at noon (PST). Online auto auctions are hosted on Copart.com, and information about each location's auctions can be found here. 

Copart's patented VB3 technology links sellers to more than 750,000 Members across the globe through Copart's multi-channel online platform. Members can participate in multiple online auctions around the world simultaneously via mobile, tablet and desktop. Similarly, Copart's Mobile App provides Members with an easy way to stay connected with multiple live online auctions and allows Members to place bids and view vehicles.

Copart practices good corporate citizenship. As a proud community partner, Copart offers local law enforcement, fire departments and similar government agencies a safe training environment. Copart locations have commonly been used by law enforcement agencies as a controlled environment to train K-9s to track narcotics and explosive devices. Local agencies are encouraged to contact the General Manager of Copart Sun Valley to learn more about conducting training at Copart. In addition to supporting local agencies, Copart supports numerous local, regional and national charities. To learn more about Copart in your community, please visit TeamCopart.com.

Copart, founded in 1982, provides vehicle sellers with a full range of remarketing services to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and, in some states, to end users. Copart remarkets the vehicles through Internet sales using its VB3 technology. Copart sells vehicles on behalf of insurance companies, banks, finance companies, fleet operators, dealers, car dealerships and others as well as vehicles sourced from the general public. The company currently operates in the United States (www.copart.com), Canada (www.copart.ca), the United Kingdom (www.copart.co.uk), Brazil (www.copart.com.br), Germany (www.copart.de), the United Arab Emirates, Bahrain, and the Sultanate of Oman (www.copartmea.com), Spain (www.copart.es), the Republic of Ireland (www.copart.ie), and India (www.copart.in). Copart links sellers to more than 750,000 Members in more than 150 countries worldwide through its multi-channel platform. In 2015, Copart was ranked at the top of Deloitte's "The Exceptional 100" list of companies, which reviewed U.S. publicly traded companies based upon a multidimensional approach to measuring financial performance. For more information, or to become a Member, visit www.copart.com. 

Contact: 

Michelle Hoffman, VP of Marketing, Copart 
[e-mail] | [phone] 

Lindsay Williams, Internal/External Communications Manager, Copart  
[e-mail] | [phone] 

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SOURCE Copart

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