May. 15 at 4:43 PM
wonder if
$CPRT is losing slight amount of market share to
$RBA IAA. RBA talked about a competitive win in Australia in Q4 and recently disclosed a new large insurer win in the UK.
volumes would kick in late 2024, then again in 2025 probably.
Perhaps CPRT needs to add new adjacent markets with large TAM to differentiate from IAA -- ie., more buyers/auction liquidity from adding more wholesale cars etc.