Copart, Inc. or simply Copart is a global provider of online vehicle auction and remarketing services to automotive resellers such as insurance, rental car, fleet and finance companies in 11 countries: the US, Canada, the UK, Germany, Ireland, Brazil, Spain, Dubai, Bahrain, Oman and Finland. Headquartered in Dallas, Texas, Copart has over 200 physical locations around the world, where it houses more than 8,000 acres of vehicle inventory. Copart sells used, wholesale and salvage vehicles in weekly and bi-weekly online auctions to buyers ranging from consumers to automotive businesses around the world. Copart provides vehicle sellers with a range of services to process and sell salvage and clean title vehicles over the internet, using its patented virtual auction technology. Copart’s buyers are mostly used vehicle dealers, dismantlers, rebuilders, exporters and consumers. Vehicle sellers at Copart auctions consist of insurance companies, banks and financial institutions, charities, vehicle dealers, fleet operators, government agencies and rental car companies. Many vehicles that Copart sells on behalf of insurance companies are either damaged vehicles deemed a total loss or not economically repairable by the insurance companies or are recovered stolen vehicles for which an insurance settlement with the owner has already been made. Copart is also an industry-leading vehicle seller for rental, fleet and finance companies. These vehicles vary from used classic cars, used hybrid cars, off-lease, trade-in to rental cars. In fact, Copart hosts exclusive weekly rental auctions for buyers interested in rental cars, SUVs and trucks.