Copart Opens Auction Site in Somerville NJ

May 21, 2002

Copart, Inc., the national auto salvage provider, announced that it has opened a second auction facility to serve the state of New Jersey in Somerville next to US-206 in the community of Hillsborough.

Copart now has 91 locations in 40 states providing vehicle suppliers, primarily insurance companies, with “a full range of services to process and sell salvage vehicles through auctions, principally to licensed vehicle dismantlers, rebuilders, repair licensees and used vehicle dealers. Salvage vehicles are either damaged vehicles deemed a total loss for insurance or business purposes or are recovered stolen vehicles for which an insurance settlement with the vehicle owner has already been made.”

“This new location is just 45 miles from Manhattan and provides additional capacity for the New York metropolitan area, a part of the country where we’ve experienced important market share gains. With the addition of the Somerville site, we now provide our suppliers with excellent coverage from four New York metropolitan locations: Islip to the east, Marlboro to the north, Glassboro to the south and now Somerville for the western side,” stated Willis J. Johnson, Copart’s CEO.

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