Copart recently announced the launch of its upcoming fourth annual Copart Rebuild Challenge, a contest where U.S. car enthusiasts and automotive rebuilders competitively demonstrate how they’ve restored, customized or rebuilt a vehicle of their choice.

"Every year, the contest draws more anticipation. Since last year's contest concluded, aspiring contestants have been asking when the Rebuild Challenge will be returning, and I'm thrilled to finally be able to say it's back and open for entries," Copart vice president of marketing Michelle Hoffman said in a news release.

Up to July 11, contestants can enter the challenge by submitting before-and-after photos of their chosen project to Copart.com/Rebuild. Each entry should include a caption with a brief description of the rebuild project, the online vehicle auction company said.

Contestants have the option to share their submissions on social media by using the hashtag "#CopartContest."

Additionally, Copart said contestants must also register for free membership to enter the contest. Membership can be obtained through the online registration form available at Copart.com/Register.

Following the entry period ending mid-July, a panel of Copart's in-house judges will choose 10 finalists. On July 18 public voting will begin to determine three winners who will be awarded a cash prize, according to Copart.

Third place will receive $1,000, second place will receive $2,000, and the grand prize winner will be awarded $5,000.

"Any enthusiast or rebuilder can find what they need in Copart's inventory of more than 125,000 vehicles," Hoffman said. "Thousands of muscle cars, classics, exotics and more are available to Copart members every day."

For more details about the Copart Rebuild Challenge contest visit, Copart.com/Rebuild.