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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.
New cars make up 49% of retail auto sales, with used cars making up the other 51%. [39] Additional revenues come from auto repair at the dealerships, financing, and insurance sales. [40] In 2013 Lithia was named No. 9 on Automotive News' list of the 125 largest U.S. dealership groups, with retail new-vehicle sales of 56,960 units in 2012.
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]
An Eastern Washington man is accused of buying used cars and then selling them with odometers that showed lower mileage — in some cases more than 100,000 fewer miles.. Reynaldo Valdez Garza Jr ...
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A used pickup he sold on behalf of a Tri-Cities dealership erased 100,000+ miles. Feds accuse Eastern WA used car seller with switching out high mileage odometers Skip to main content
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