Copart (NASDAQ: CPRT) may be the 300-pound gorilla in the auction market for totaled cars, but IAA (NYSE: IAA) is a fierce competitor and is now publicly traded after being spun out of KAR Auction Services (NYSE: KAR) . IAA is relatively underrated compared to Copart. Could IAA be a better investment?
In this Motley Fool Live video from the Industry Focus podcast recorded on March 11 , Motley Fool contributor Luis Sanchez and Industry Focus host Nick Sciple discuss KAR Auction Services, Copart , IAA , and the market for used cars.
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How IAA Competes with Copart