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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 ]
In 2022, Auto Trader began a partnership with the Office for National Statistics sharing its used car pricing data to power its official measures of inflation, including the Consumer Prices Index. [28] Also in 2022, Auto Trader acquired Autorama, owner of Vanarama, one of the UK’s largest transactional marketplaces for leasing new vehicles. [29]
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.
Established in 1898, the Empire State Motor Wagon Company in Catskill, New York was one of the first American used car lots. [3]The used vehicle market is substantially larger than other large retail sectors, such as the school and office products market (US$206 billion in estimated annual sales) and the home improvement market (US$291 billion in estimated annual sales).
The company's flagship product is AutoTrader, an online marketplace for buying and selling new and used vehicles. The company is owned by private equity firm Thoma Bravo. The company was originally a part of Trader Classified Media, which was founded in 1987 by John MacBain. Trader Corporation’s current CEO and President is Sebastian Baldwin.
Here’s how American car dealers use the '4-square method’ to make big profits off you — and how you can make sure you're paying a fair price for all your vehicle costs Moneywise December 5 ...
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