NASDAQ, CPRT - Copart Inc
Copart, Inc. is a leading provider of vehicle remarketing services in the United
States (US) and the United Kingdom (UK).
We provide vehicle suppliers, primarily insurance companies, with a full range
of remarketing services to process and sell salvage vehicles primarily over the
Internet through our Virtual Bidding Second Generation Internet auction-style
sales technology, which we refer to as VB2. We sell principally to licensed
vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers and
exporters. Salvage vehicles 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 vehicle owner has already
been made. We offer vehicle suppliers a full range of remarketing services that
expedite each stage of the salvage vehicle sales process and minimize
administrative and processing costs. ...
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