After completion of spin-off, KAR will focus primarily on its whole car auction marketplaces and technology solutions serving OEMs, captive financing companies, vehicle lending institutions, fleets, ...

Copart's latest earnings report ( fiscal Q4 ended July 31) was solid on the surface: Revenue rose 5% year over year to about ...

Earlier today, we reported on the first wrecked 2020 Toyota Supra to show up at a salvage auction. Its auction listing didn’t provide much background into how the Supra got to its current state, but ...

The popularity of salvage car auctions has increased recently because of their distinctive viewpoint on the business and environmental elements of the automobile industry. These auctions, in which the ...

Ever thought that junk cars could be a great business? With repair costs exceeding vehicles’ market value, insurers are declaring more smashed cars as total loss. Salvage auto auctioneers are reaping ...

Back when Hurricane Ian was battering the east coast, an image of a yellow 2015 McLaren P1 submerged in floodwaters spread around the internet like wildfire. While many hoped the car could be saved, ...

Porsche fans look away as a 918 Spyder looks to have been involved in a serious crash. All that’s left is a hulking heap of wires, metal and carbon fiber. A photo showing the odometer reveals that the ...

This article first appeared on GuruFocus. When I look at a business, I don't start by pulling up its stock chart. I start with a simpler, sharper question: If I could buy the whole thing at today's ...

R, stripped of its former glory, is pulled from the wreckage of a salvage auction. In its twisted frame lies both a daunting challenge and a promise: to transform ruin into rebirth. What unfolds is ...

Last year in Texas, if anyone recalls, a guy drove his $1.5 million Bugatti Veyron into a lake in what's being described as the most expensive case of distracted driving ever. And now, the what's left ...

A PETROLHEAD has revealed how they paid just £50 to get their dream car running again after snapping it up for a bargain price at a salvage auction. Edwin Evans admitted to having been "obsessed" with ...