Copart Announces Winner of Second Annual Rebuild Challenge
August 27 2015 - 10:35AM
Business Wire
Copart, Inc. (NASDAQ: CPRT), a global online vehicle auction
company, recently announced the top three winners of its second
annual Copart Rebuild Challenge. The contest was designed for car
enthusiasts and auto rebuilders to show how they restored,
customized or rebuilt a vehicle.
Copart Members from across the country submitted their rebuild
projects for a chance to win the $2,000 Grand Prize. A panel of
Copart judges narrowed the contest entries to 10 finalists, and
then the public submitted thousands of votes to select the top
three finalists. Entrants ranged from hobbyists to professional
body shop owners.
After the voting period closed, Thomas Lea-Anderson from
Michigan was named the $2,000 grand prize winner. In his entry,
Lea-Anderson depicted how he rebuilt a wrecked 2013 Volkswagen GTI.
He has been rebuilding cars since the age of 16 and currently works
at the family business, Lea’s Auto Body.
“I’ve worked at my uncle’s body shop for 10 years, and I rebuild
vehicles on the side,” said Lea-Anderson. “It’s a hobby and a habit
for now, but I hope to start my own business soon.”
Lea-Anderson repaired the collision damage on the Volkswagen GTI
and upgraded the vehicle to include modifications such as
turbocharger parts and a new racing coilover suspension. His
project was finished in six weeks, and he currently uses the
vehicle for personal use.
“Thomas Lea-Anderson’s entry in the Copart Rebuild Challenge was
a great example of what can be done with a vehicle purchased from
our auctions,” said Copart’s Senior Director of Marketing, Michelle
Hoffman. “The work he did to turn the damaged Volkswagen into a
beautiful, finished vehicle with racecar-like features was really
impressive.”
In the past two months, Lea-Anderson has purchased and rebuilt
three vehicles from Copart in hopes of kick-starting his own
business. He plans to use the prize money to invest in his business
and buy more cars.
The Second Prize winner is Daniel Basco of Florida, who rebuilt
a Volkswagen Passat; and the Third Prize winner is Jack Parker of
California, who rebuilt a 2007 Corvette.
View the winning projects on Copart.com/Winner
ABOUT COPART
Copart, founded in 1982, provides vehicle sellers with a full
range of remarketing services to process and sell salvage and clean
title vehicles to dealers, dismantlers, rebuilders, exporters and,
in some states, to end users. Copart remarkets the vehicles through
Internet sales utilizing its VB3 technology. Copart sells vehicles
on behalf of insurance companies, banks, finance companies, fleet
operators, dealers, car dealerships and others as well as cars
sourced from the general public. The company currently operates in
the United States and Canada (www.copart.com), the United Kingdom
(www.copart.co.uk), Brazil (www.copart.com.br), Germany
(www.copart.de), the United Arab Emirates, Sultanate of Oman, and
Bahrain (www.copartmea.com), and Spain (www.autoresiduos.com).
Copart links sellers to more than 750,000 members in over 150
countries worldwide through its multi-channel platform. Copart was
recently ranked at the top of Deloitte’s “Exceptional 100” list of
companies, which reviewed U.S. publicly traded companies based upon
a multidimensional approach to measuring financial performance. For
more information, or to become a member, visit www.copart.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150827005658/en/
Copart, Inc.Michelle Hoffman, 972-391-5082Senior Director of
Marketingmichelle.hoffman@copart.com
Copart (NASDAQ:CPRT)
Historical Stock Chart
From Mar 2024 to Apr 2024
Copart (NASDAQ:CPRT)
Historical Stock Chart
From Apr 2023 to Apr 2024