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TheStreet Open House

Copart Launches First Ever Auto Rebuild Challenge

Stocks in this article: CPRT

Copart, Inc., a global online vehicle auction company, announced today the launch of its first ever Copart Rebuild Challenge, a contest designed for car enthusiasts and auto rebuilders to show how they restored, customized or rebuilt a vehicle.

From April 14 to July 6, car enthusiasts and auto rebuilders may enter the Copart Rebuild Challenge at Copart.com/Contest by submitting a video less than three minutes in length highlighting their rebuild process. In the videos, contestants must explain how and why they chose their vehicle, and include before and after shots.

“We have thousands of members who work on vehicles as part of their jobs or as a hobby,” said Copart Chief Marketing Officer Matt Burgener. “This contest is a great way for them to show off their skills and get recognition for their work.”

At the end of the entry period, an expert panel of Copart judges will choose up to 10 finalists. Voting will then be open to the public to determine the top three winners. The grand prize is $10,000, followed by a second prize of $2,000 and a third prize of one year of Copart Premier Membership.

“Copart has developed a robust marketplace for classic and muscle car rebuilds,” said Burgener. “We currently have over 100,000 cars in inventory, thousands of which present the perfect opportunity for this contest.”

To review the complete contest entry guidelines and rules or to enter the contest beginning April 14, visit Copart.com/Contest.

ABOUT COPART:

Copart, founded in 1982, provides vehicle sellers with a full range of remarketing services to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and, in some states, to end users. Copart remarkets the vehicles through Internet sales utilizing its VB3 technology. Copart sells vehicles on behalf of insurance companies, banks, finance companies, fleet operators, dealers, car dealerships and others as well as cars sourced from the general public. The company currently operates in the United States and Canada ( www.copart.com), the United Kingdom ( www.copart.co.uk), Brazil ( www.copart.com.br), Germany ( www.copart.de), the United Arab Emirates ( www.copart.ae) and Spain ( www.autoresiduos.com). Copart links sellers to more than 750,000 members in over 150 countries worldwide through our online multi-channel platform. For more information, or to become a member, visit  www.copart.com.

Copyright Business Wire 2010

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