DALLAS -

Copart, an online vehicle auction company with more than 150 locations throughout the U.S., has opened a site in Colorado Springs.

The 20-acre venue, the company’s second in Colorado, will hold its first auction Wednesday featuring 430 vehicles.

"We are excited to announce the opening of our second location in Colorado to help us accommodate our rapidly growing inventory across the country," chief executive officer Jay Adair said in a news release. "Opening this location, along with the recent addition of two Texas locations totaling 100 acres, allows us to continue carrying out our mission of creating value and opportunity through vehicle auctions and exchange.”

"The Colorado Springs community has been so welcoming to us. We have already had members in the area visiting to check out vehicles prior to the auction," said Jason Leue, general manager of Copart Colorado Springs.

The new location will hold auctions every Wednesday at noon.

Founded in 1982, Copart provides vehicle sellers with a 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. The company operates in numerous countries through its multi-channel online platform.