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A certified pre-owned car or CPO [citation needed] is a type of used car.It is also used in references to guns and phones. The term "certified pre-owned was conceived by corporations [citation needed] in order to find a more favorable alternative to marketing products as 'used,' which causes purchasers to impose their cognitive biases associated with 'used' items onto prospective purchases.
[17] [18] The company's focus on digital transformation in auto finance propelled its online CPO (Certified Pre-Owned) car business. As of 2020, Hyundai Capital has 4,800 global employees and 96 trillion won in global assets. [19] Hyundai Capital America. Founded in 1989, Hyundai Capital America (HCA) is a part of the Hyundai Motor Group family ...
Canada Drives is a Canadian online vehicle retailer founded in 2010 and based in Vancouver. [ 3 ] [ 4 ] The company allows customers to buy certified used cars online. [ 5 ] Customers can also sell their vehicle to Canada Drives or trade it in. [ 6 ]
The company reports market value prices for new and used automobiles of all types, as well as motorcycles, snowmobiles and personal watercraft. [16] For both new and used automobiles, Kelley Blue Book provides a fair market range and fair purchase price, based on actual transactions of what others are paying for a vehicle and adjusted regularly as market conditions change.
By the close of 2021, Kia Canada had surpassed previous records, selling 79,198 vehicles in a year which was otherwise challenging for the industry, with June 2021 as its best sales month in the company's history at 8,850 vehicles delivered including 779 certified pre-owned vehicles. [3]
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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.
Toyota Canada (1964) Vicinity Motor Corp. (2008) ZENN Motor Company (2006–2010) | (Originally founded as Feel Good Cars in 2001) [3] References See also. List of ...
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