Copart Opens New Jacksonville, Florida Location

Rhea-AI Summary

Copart Inc. (NASDAQ: CPRT) has launched a new 56-acre location in Jacksonville North, Florida, marking its 14th site in the state. This expansion aims to enhance Copart's capacity to store vehicles and support its growing business. The Jacksonville location will host weekly online vehicle auctions every Monday at 10 a.m. Eastern Time. With operations in over 200 locations globally, Copart connects sellers to more than 750,000 members worldwide, providing an innovative online auction platform for salvage and clean title vehicles.

Positive

• Opening a new 56-acre location in Jacksonville enhances vehicle storage capacity.
• Expansion supports business growth in Florida.
• Weekly online vehicle auctions increase buyer engagement.

Negative

• None.

DALLAS, Aug. 13, 2020 /PRNewswire/ -- Copart Inc. (NASDAQ: CPRT), a global online vehicle auction company opened its new 56-acre Jacksonville North location in Florida. This is Copart's 14th location in the state.

"We are excited about our new location in Jacksonville, which serves our growing business with additional space to store vehicles for our customers," said Copart President Jeff Liaw.

The Copart Jacksonville location's weekly online vehicle auctions are held at 10 a.m. Eastern Time (9 a.m. Central Time) on Mondays. Registered buyers can join auctions and bid on inventory at Copart.com or via the Copart Mobile App for iOS and Android devices.

Copart Jacksonville North General Manager Mae Walkup said: "We look forward to providing the best customer service to our buyers and sellers at our new location."

Visit Copart's new Jacksonville location page for contact information, sale lists and inventory. For information about other Copart locations, visit Copart.com/locations.

About Copart
Copart, Inc., founded in 1982, is a global leader in online vehicle auctions. Copart's innovative technology and online auction platform links sellers to more than 750,000 Members in over 170 countries. The company offers services to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and, in some cases, to end users. Copart sells vehicles on behalf of insurance companies, banks, finance companies, charities, fleet operators, dealers, and individual owners. With operations at over 200 locations in 11 countries, Copart has more than 170,000 vehicles available online every day. Copart currently operates in the United States (Copart.com), Canada (Copart.ca), the United Kingdom (Copart.co.uk), the Republic of Ireland (Copart.ie), Brazil (Copart.com.br), Germany (Copart.de), Finland (Copart.fi), the United Arab Emirates, Oman and Bahrain (Copartmea.com), and Spain (Copart.es). For more information, or to become a Member, visit Copart.com/Register.

Contact:
Fatima Ali, Communications Manager, Copart
Fatima.Ali@Copart.com

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SOURCE Copart, Inc.

FAQ

What is the significance of Copart's new location in Jacksonville, Florida?

The new 56-acre location enhances Copart's vehicle storage capacity and supports its growing business in Florida.

When are the vehicle auctions held at Copart's Jacksonville location?

The weekly online vehicle auctions at Copart's Jacksonville location are held every Monday at 10 a.m. Eastern Time.

How many locations does Copart operate in Florida?

Copart now has 14 locations in Florida.

What services does Copart offer at its new Jacksonville location?

Copart offers online vehicle auctions for salvage and clean title vehicles at its Jacksonville location.