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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]
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Most car dealerships display their inventory in a showroom and on a car lot. Under U.S. federal law, all new cars must carry a sticker showing the offering price and summarizing the vehicle's features. [4] Salespersons, predominantly those who only work on commission, negotiate with buyers to determine a final sales price. In many cases, this ...
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It was the first company to sell vehicles online directly to consumers, rather than referring consumers to brick-and-mortar dealers. [ 2 ] CarsDirect first registered for an initial public offering in a May 2000 filing with the U.S. Securities and Exchange Commission ; however, it withdrew its registration in December of that year citing ...
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