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On 16 April 1992, the South African Auto Trader was launched. The company, led by CEO George Mienie, has since transitioned from only an automotive classifieds magazine business to an online business via autotrader.co.za.
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.
This left Leyland South Africa without a dealer network. [5] Peugeot and Citroën South Africa (PACSA) was taken over by Sigma in early 1979 [6] and French car production was moved from the former PACSA plant in Natalspruit near Alberton to their "Sigma Park" plant east of Pretoria.
In the United States, auto auctions play a major role as a wholesale market for second-hand vehicles. Most states only allow closed auctions, meaning only dealers can use them. [6] As of 2018, there were 139 used car-auction sites in the US open only to car dealers. [7]
Autotrader.com, Inc. is an American online marketplace for car buyers and sellers, founded in 1997. It aggregates new, used, and certified second-hand cars from dealers and private sellers. The site also provides users with automotive reviews, shopping advice, and comparison tools for car financing and insurance information. [1]
[18] 1976 showed the worst sales numbers since 1972. [19] Chrysler SA went belly up soon thereafter, merging with Illings (Mazda) to form Sigma. Chrysler had been very successful in the late sixties, with the Valiant range being the most sold passenger car in 1966, 1967, and 1968, but began a serious slide after that. [20]
Since most states have requirements for a dealer to warranty or even guarantee a used vehicle for a certain amount of time and or mileage if sold to the public at a certain price, [10] a dealer must make a profit selling the previously traded car (now a used car). Trade-in value is an important facet of the car deal.
Car dealership - new car dealers in certain countries offer pre-owned cars with variable quality and price. There are also dealers who sell only used cars. Car boot sale; Consignment - consignment shop is the North American term for a second-hand shop. Flea market; Give-away shop - everything is given away at no cost. Some operate as swap shops ...
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