Copart is an online vehicle auction company based in Dallas, specializing in the sale of salvage vehicles. It operates in 11 countries across North America, Europe, and the Middle East, facilitating over 3.5 million transactions annually. Utilizing its patented two-stage internet sales technology, VB2, Copart connects vehicle sellers with a global network of over 750,000 registered buyers, including dismantlers, rebuilders, and used vehicle retailers. The company's inventory features more than 50,000 vehicles available for bidding each day, including cars, trucks, motorcycles, boats, and recreational vehicles. A significant portion of its vehicles comes from auto insurance companies, primarily those classified as total losses. In addition to vehicle auctions, Copart offers various services such as transportation, storage, title transfer, and salvage value estimation. With over 140 facilities worldwide, Copart aims to provide efficient service to both buyers and sellers, reinforcing its position as a leading remarketing platform in the automotive industry.