Copart Germany: A New Salvage Auction Model

Executive Bio

Andreas Zeh

Former Director at Copart Germany

Why is this interview interesting?

Regulatory differences between the German and US auto insurance industry
The existing German salvage model and why it’s inefficient for both buyers and sellers
History of Copart acquiring WOM to enter the German salvage market
Why only 10% of buyer bids actually receive the car and how Copart solve the issue
How Copart are changing the German auto insurance regulatory landscape
The new Copart model in Germany and how the profits are shared with insurers
Core challenges in scaling the Copart model in Germany
How Germany can unlock the rest of Europe for Copart

Interview Transcript

Disclaimer: This interview is for informational purposes only and should not be relied upon as a basis for investment decisions. In Practise is an independent publisher and all opinions expressed by guests are solely their own opinions and do not reflect the opinion of In Practise.

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