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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.
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.
The first dealer center of Rolf was opened in Moscow city in 1991. [13] [14] [15] [dead link ] As on January 1, 2021, the retail subdivision includes 59 show-rooms, located in 20 districts (15 in Moscow and 5 in Saint-Petersburg).
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 January 2011, TrueCar released ClearBook, a used vehicle index that analyzes the used car market in the same way TrueCar did for new cars. [13] [14] In May 2011, TrueCar acquired News Corp-backed Honk.com, a social car shopping platform. [15] In late 2011, TrueCar launched a television advertising campaign with commercials promoting its ...
The National Independent Automobile Dealers Association was founded in 1946, and serves as the representative body for over 38,000 used vehicle dealers in the United States. It is the only national level non-profit organization representing the independent motor vehicle industry. It is headquartered in Arlington, Texas. [1]