Copart is a global online vehicle auction and remarking platform that enables sellers—primarily insurance companies—to process and sell vehicles through its virtual bidding system across multiple countries including the United States, United Kingdom, Germany, Brazil, Canada, and others. The company provides comprehensive vehicle processing services such as transportation, title handling, storage, inspection, and digital imaging, alongside specialized services like fleet management (BluCar), equipment auctions (Purple Wave), salvage valuation tools (Co.ai), and vehicle recycling. Copart generates revenue through auction transaction fees, handling charges, and ancillary services in most markets where it operates as an agent, while in some international markets it also purchases and resells vehicles as principal; its buyer base includes dismantlers, rebuilders, dealers, exporters, and the general public, with significant participation from overseas buyers who access the platform to compete in auctions globally.