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The acquisition would expand Copart beyond its traditional salvage business into dealer-to-dealer wholesale remarketing while adding ACV’s vehicle data, inspection, and valuation technology.
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The decline in the average transaction price was mostly expected, as sales of expensive EVs fell sharply as government incentives expired Sept. 30.
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As the month progressed, used retail sales were higher each week, ending with tighter inventory levels.
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As more tariffed products replace non-tariffed inventory, prices are tracking higher, which should lead to slower sales
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EV buyers took advantage of the final federal tax credit days, while average prices edged up for new EVs and continued to decline for used models.
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But sales remain strong, up 7% compared to the previous year, as the used market offers a better value for consumers avoiding pricier new cars.
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One successful scam can devastate the finances and damage the reputations of the shipper and carrier.
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Commercial activity continued to power sales growth in September while sales of vehicles up to two years old soared.
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Average transaction prices broke the $50,000 barrier, driven by wealthier buyers and higher-end vehicles.
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Wholesale values remain elevated against normal depreciation trends, even with declines in September, and right as tax incentives on EVs end.
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Rental fleets once again keep the momentum as government fleet sales last month showed an upturn for the first time in 2025.
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