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Based In Dallas, Copart Operates A Global Online Salvage-Vehicle Auction With Operations In 11 Countries Across North America, Europe, And The Middle East, Facilitating Over 4 Million Transactions Annually. The Company Utilizes Its Virtual Bidding Platform, Vb3, To Connect Vehicle Sellers With Over 1 Million Registered Buyers Around The World. Buyers Primarily Consist Of Vehicle Dismantlers, Rebuilders, Individuals, And Used-Vehicle Retailers. About 80% Of Copart'S Vehicle Volume Is Supplied By Auto Insurance Companies Holding Vehicles Deemed A Total Loss. Copart Also Offers Services Such As Vehicle Transportation, Storage, Title Transfer, And Salvage Value Estimation. The Company Primarily Operates On A Consignment Basis And Collects Fees Based On The Vehicle'S Final Selling Price.