11/06/2026

Copart’s $1.9 Billion Bet Is About Controlling the Used-Car Pipeline

Source: Fleet Management Weekly

Copart is known for cars that insurers have written off. That’s why its new $1.9 billion purchase of ACV Auctions is important. The auction house known for salvaged cars is buying its way into the used-car pipeline before a vehicle becomes a total loss.

ACV currently runs a digital dealer-to-dealer wholesale marketplace. Copart says it moves more than 800,000 vehicles per year, has over 22,000 active buyers, and handled roughly $10 billion in gross merchandise value during 2025.

That gives Copart access to trade-ins and other dealer inventory that might be too old, too rough, or simply too inconvenient for a retail lot. That said, they’re still perfectly saleable cars.

via CarScoops