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How Copart Makes Money From Car Crashes

TheMotleyFool

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Ever wonder what happens to your car after it is totaled? You may be surprised to learn that there is an entire economic ecosystem built around what happens to cars after a crash. Copart (NASDAQ: CPRT) plays a significant role in that ecosystem and has found a way to make money from car crashes.

In this video from the Industry Focus podcast, recorded on March 11, Motley Fool contributor Luis Sanchez and Industry Focus host Nick Sciple discuss Copart and the market for used and totaled cars.

Source Fool.com

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