Through their virtual auction technology, they are able to provide resellers access to tools that would empower them to process and sell vehicles with clean titles over the internet. It was not that long ago that the company has branched out and purchased some operations in Brazil, Germany, Spain and in the United Arab Emirates. The buyers of Copart are mostly vehicle dealers, exporters, rebuilders, dismantlers and even the general public. Their products and services are most helpful to insurance companies, financial institutions, vehicle dealers, banks and several rental car companies.
Since its inception in 1982, the business has grown to be one of the trusted names in the industry and a company that generates more than $1.046 billion annually.