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2. DriveTime - Wikipedia

   en.wikipedia.org/wiki/DriveTime_Automotive_Group

   DriveTime is a private company headquartered in Tempe, Arizona. [3] The company's business model is focused on selling previously owned vehicles to car-buyers. [4] It uses a proprietary credit scoring model to finance car purchases at its dealerships in-house, [5] [6] including subprime lending. [7] DriveTime buys 150,000 cars annually at ...

3. Carvana - Wikipedia

   en.wikipedia.org/wiki/Carvana

   Carvana was founded by Ernest Garcia III, Ryan Keeton and Ben Huston in 2012. The company's initial funding round came from the used car retailer and finance company DriveTime. [7] A year later Carvana opened its first iteration of a car vending machine.

4. CarMax - Wikipedia

   en.wikipedia.org/wiki/CarMax

   CarMax, Inc. is a used vehicle retailer based in the United States. It operates two business segments: CarMax Sales Operations and CarMax Auto Finance. The company began as a side business of Circuit City, opening its first location in September 1993 in Richmond, Virginia.

5. Car dealerships in the United States - Wikipedia

   en.wikipedia.org/wiki/Car_dealerships_in_the...

   A car dealer orders vehicles from the manufacturer for inventory and pays interest (called flooring or floor planning). Dealer holdbacks are a system of payments made by manufacturers to their dealers. [5] The holdback payments assist the dealer's ability to stock their inventory of vehicles and improve the profitability of dealers.

6. Cheap, pre-owned EVs are about to flood the market. Is that a ...

   www.aol.com/finance/cheap-pre-owned-evs-flood...

   The electric vehicle market could get a huge influx of cheaper cars — but not fresh from the factory. In its latest EV intelligence report, consumer research firm J.D. Power projects that a ...

7. Ernest Garcia II - Wikipedia

   en.wikipedia.org/wiki/Ernest_Garcia_II

   Ernest García II was born May 1, 1957, [2] the son of Ernest Garcia, who co-owned a liquor store with Frank Colaianni, and was once the mayor of Gallup, New Mexico. [3] He dropped out, but eventually earned a bachelor's degree from the University of Arizona.