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Copart provides vehicle sellers with a range of services to process and sell repairable and clean title vehicles over the internet, using its patented virtual auction technology, named VB3, as well as others of its auction-related brands. Copart is a public company and is traded on the NASDAQ under the ticker symbol CPRT and has been named to ...
DriveTime originated as a Tucson, Arizona–based rent-a-car business called Ugly Duckling, which was founded in 1977. [15]Thomas S. Duck, Sr., retired from selling insurance, started Ugly Duckling Rent-A-Car Corp. in 1977.
This is a list of the most expensive cars sold in public auto auctions through the traditional bidding process.. On May 5, 2022, in a secret auction at the brand's museum in Germany, Mercedes-Benz sold one of just two 1955 300 SLR Uhlenhaut coupes from its extensive collection of historical automobiles—which dates back to the earliest days of the car in the late 19th century.
Mecum Auctions was founded in 1988 by Dana Mecum, [1] a car enthusiast whose father operated a dealership in Marengo, Illinois. [2] [3] Dana Mecum initially bought 40 semi-trailer trucks in the 1980s, and traded 10 of them for four houses which he rented out.
By 1947, the new building with four lanes to auction vehicles opened and soon the partners realized the general public was purchasing their vehicles at the auction instead of their dealership franchises. This action prompted the partners to make Manheim Auto Auction a dealer-only enterprise, making Manheim the largest auto exchange in 1959. [2]
After the success of this auction, the Kruses were asked by Tom Barrett to have a sale in Scottsdale, Arizona, the next January. This was the first annual sales that continues today. The Kruses were the first to sell a car for a documented $1 million in cash — a 1934 Duesenberg Model SJ La Grande long wheelbase dual-cowl phaeton.