Our history began 2 years ago when our founder, Mr. Maksim Lobanov, was a manager at Copart Auto Auction in Florida. Observing the mechanism of the auction, and understanding all the intricacies of this business "from the inside", he decided to found his own company CarFoxes, which would deal with arbitration at car auctions. Our business is based on an active investment strategy with low risk values. We buy some cars at the lowest price at an IAAI (Insurance Auto Auction) insurance auction. This is one of the most reliable sites in the United States, which is distinguished by serious control over lots. Only car dealers have access to it. After buying the lot, we immediately put it up for resale at Copart and Manheim auctions, where these cars can be purchased by absolutely all buyers from around the world. We also trade internally within Copart and Manheim auctions.
Payout Ratio | 6% |
---|---|
Profit | $6.29 in 1 payouts |
Investment | $100.00 in 1 spends |
Type | Date | Amount | Comment |
---|---|---|---|
Profit | May 12th, 2022 | $6.29 | Payout |
Spend | May 4th, 2022 | $100.00 | Our deposit |