Copart Tucson Buys Salvage Vehicle Auction Facility for $2.8 Million

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5600 S Arcadia Ave., Tucson, AZ

TUCSON, Arizona – Dallas-based Copart, Inc. (NASDAQ: CPRT) acquired the 6,200-square-foot building and 4.6-acre salvage vehicle sales facility at 5600 South Arcadia Avenue in Tucson, Arizona for $2.8 million where they have leased for several years from DP Auto Salvage of Tucson (David Parri, CEO).

Copart, founded in 1982, provides vehicle suppliers, primarily insurance companies, with a full range of services to process and sell salvage vehicles, principally to licensed dismantlers, rebuilders and used vehicle dealers, through Internet sales utilizing its proprietary VB2 technology.  Salvage vehicles are either damaged vehicles deemed a total loss for insurance or business purposes or are recovered stolen vehicles for which an insurance settlement with the vehicle owner has already been made.  The Company operates 150 facilities in the United States and Canada.  It also provides services in other locations through its national network of independent salvage vehicle processors.

Copart Tucson’s online vehicle auctions include lots that can be used by dismantlers, dealers, body shops, individual buyers looking for project cars and more. The public is also welcome to visit the Tucson location to examine the large variety of vehicles available for auction. The company also offers inspection services to make sure buyers have thoroughly covered off on exactly what has been purchased in the vehicle auction.

Copart Tucson is not limited strictly to auto sales either, it offers a wide selection of vehicles. Here you’ll find boats, RVs, ATVs, municipal vehicles, tractor trailers, industrial vehicles, motorcycles and other vehicle types.

Check out the auction list regularly to see the inventory Copart Tucson has available, including popular vehicle types of pick-up trucks, cars and SUVs with makes including Honda, Toyota, Mazda, Chevrolet, Dodge, Ford, GMC, Hyundai, Nissan and Lexus.

Registered Members even have the ability add vehicles to their Watchlist as a convenient way to keep an eye on those sought-after vehicles. Be sure to check in regularly to keep track of special inventory, including hail-damaged vehicles, exotics, flood-damaged and more at Copart auctions at the Tucson location.

Looking to find out more about Copart? Learn how to buy a vehicle here at their patented online vehicle auction of contact Copart in Tucson at 520.663.1900.

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