Cprt q1 2020 earnings call transcript cprt earnings call for the period ending october 31 2019. Id like to know on average how long it takes for a car to get out of that status.
Copart A 10 Year Full Cycle Analysis Nasdaq Cprt
Copart future sale meaning. This number is presented for informational purposes only. As you search vehicles and place bids it helps if youre familiar with the possible sale statuses that can be assigned to vehicles for sale. Coparts future sales label on a car. Last few cars i bought on copart generally seem to get bid up 50 in the week prior 40 the night and morning before the live auction then usually a few bids in the live auction. December 10 2018 1235. If you have added a vehicle to your watchlist you will receive an email update when that vehicle receives a sale date.
Or can they stretch years before the car even goes on auction. Occasionally copart does not provide a sale date while listing a vehicle available for auction. And 2 managers at the same dealership. No minimum bid or reserve price. Lot will be awarded to the highest bidder at the close of bidding during the virtual auction. On approval vehicles sold on approval will not be released to members unless and until the seller notifies copart of its acceptance of the high bid.
Copart places the vehicle in the pure sale category with a future auction date and an estimated retail value of 5200000 and a current bid of 0. Sale time sale time is the time that the virtual auction begins. Possible values and their meaning are. Copart makes no representations as to the validity or accuracy of the listed repair cost. Copart recommends that each bidder evaluate the damage to determine the extent of the repairs necessary. In these cases we will display future sale or expected sales date as placeholders until copart provides a sale date.
When they list it as future sale is there a maximum limit set. Pure sale no minimum bid or reserve price. Sales status sales status indicates the current status of the lot. Dont get into a bidding war if there are lots of live auction bids you can probably find a better deal. Soon after with zeronadano incremental bids the first current bid becomes 2200000. Coparts future sales label on a car.
Gallery of Copart Future Sale Meaning
