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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 ]
Auto Trader was founded by John Madejski, [2] [3] Paul Gibbons and Peter Taylor as Thames Valley Trader in 1977. [4] It was rebranded Auto Trader in 1988. The first title was followed by the publication of a second one, Southern Auto Trader. [5] The company launched a website, Autotrader.co.uk, in 1996, giving people the ability to buy or sell ...
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.
Throughout that year Carvana sold 244,111 vehicles and posted annual revenue of $5.587 billion, making it the second largest online used-car retailer in the U.S. [15] As of November 2023, Carvana's as-soon-as-next-day delivery was available in 300+ markets nationwide. [16]
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.
Thomas S. Duck, Sr., retired from selling insurance, started Ugly Duckling Rent-A-Car Corp. in 1977. By 1985, with the car rental business a major success and companies such as Budget Rent a Car doing well, [16] Duck's company was the number five rental car company in the United States, [15] with 600 franchises.
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