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A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers , rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.
As 2024 bows out, there are a lot of year-end sales going on across car dealerships. While it might seem like this is the best time to buy a new set of wheels, does the same logic hold up for used...
In the United States, a car dealership is a business that sells cars. A car dealership can either be a franchised dealership selling new and used cars, or a used car dealership, selling only used cars. In most cases, dealerships provide car maintenance and repair services as well as trade-in, leasing, and financing options for customers.
While CarMax stores focus on marketing used vehicles, the company acquired its first new car franchise with Chrysler Corporation in 1996. [4] By 1999, it added new vehicle franchises for Mitsubishi Motors, Toyota, and Nissan. [5] In late 2021, CarMax sold its last new vehicle dealership, located in Kenosha, Wisconsin, to the Rydell Company. [6]
Chevrolet Blazer. Average 3-year-old used car price: $29,062. Price drop from 2022: -16.6 percent. With a new all-electric Blazer about to hit dealerships, the current model is beginning to wane ...
A certified used car, often called a certified pre-owned vehicle or CPO, offers the best of both worlds: a promise of reliability and a warranty combined with a lower price than a new vehicle.