Copart: US Import Tariffs may Increase Total Loss Frequency for Vehicles – Compounder Stock With new buy Signal!

Copart (CPRT) is considered a leading auction platform for wrecked vehicles or cars with total losses. These are usually sold as repairable vehicles by insurance companies or banks to car dealers or workshops. According to CEO Jeff Liaw, US tariff policy is expected to have a "slightly positive" impact on the business. With inflationary effects, the costs for spare parts are likely to continue rising, which tends to lead to more classifications as total losses and enables higher auction prices. Although the higher pre-accident values of the cars...