Copart Inks Salvage Deal with SAFECO

September 25, 2002

California-based Copart, Inc. announced that SAFECO has entered into a nationwide agreement with Copart for salvage vehicle processing. Under the agreement, Copart will be SAFECO’s exclusive vendor in the United States.

“Copart now has over 80 national contracts in place,” Willis Johnson, Copart’s CEO, said. “SAFECO put us through a strenuous selection process that tested procedures, service levels, and results. Thanks to advantages such as Copart’s 96 locations nationwide, proxy and virtual Internet bidding with consolidated reporting, electronic communications, nationwide buyer base, overall return on salvage and reduction in cost, we were their vendor of choice. We are very pleased that SAFECO has recognized the excellence of Copart systems and people.”

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