Copart (NASDAQ: CPRT) may be the 300-pound gorilla in the auction market for totaled cars, but IAA (NYSE: IAA) is a fierce competitor and is now publicly traded after being spun out of KAR Auction Services (NYSE: KAR). IAA is relatively underrated compared to Copart. Could IAA be a better investment?
In this Motley Fool Live video from the Industry Focus podcast recorded on March 11, Motley Fool contributor Luis Sanchez and Industry Focus host Nick Sciple discuss KAR Auction Services, Copart, IAA, and the market for used cars.
Source Fool.com