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Copart, Inc. Message Board

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  • ibflat2 ibflat2 Feb 20, 2009 9:49 AM Flag

    Copart and tight credit

    Well Coparts does have several competitors in the industry, but they are one of the largest...

    IAAI (Insurance Auto Auctions Inc) is another one who is out there. There are some more regional operations also.. Sadisco and Source One come to mind locally here.

    I know that Coparts just opened up a new yard just south of Montgomery Alabama.

    As to me, well I work for a towing company who does tow for both IAAI and Coparts, (I do only heavy duty towing) so I do not get there often..

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    • Good post ibflat2. Thanks for your inside the industry info. Maybe this ailing market will create a better entry point for buying CPRT shares. They should be coming out with earnings before to long and that may create an opportunity to buy in on weakness. Thanks and good luck.

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