Copart, IAAI Auto Auction Sales History | Autohistory

The website provides a comprehensive look at the origins and development of two major players in online auto auctions – Copart and IAAI (Insurance Auto Auctions).

Tracing back to its start in 1982, Copart pioneered the model for online car auctions. What began as a small operation auctioning donated vehicles to charities turned into one of the largest auto auction platforms on the internet. Copart’s site allows buyers and sellers from all over the world to connect, bidding on salvage titled cars and more. From humble beginnings in California, Copart has expanded its reach across international markets.

IAAI emerged in the auto auction scene around the same time as Copart, forming in 1982. IAAI built its business working closely with insurance providers to auction off total loss vehicles online. The company started hosting weekly auctions to connect insurers with buyers, building out physical auction sites across North America. Its growth continued with the launch of a website and mobile app to complement its facilities, making it easier than ever to participate in IAAI’s online auctions.

The site provides an in-depth review of how both Copart and IAAI spearheaded the online auto auction model, transforming the industry. By putting auctions online, these companies opened up access and efficiency in buying and selling cars. Their websites, apps and integration of technology into auto auctions paved the way for the popularity of online bidding for vehicles today. For those interested in learning about the origins of major players like Copart and IAAI in the online auto auction sphere, offers great historical insight and perspective.