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While CarMax stores focus on marketing used vehicles, the company acquired its first new car franchise with Chrysler Corporation in 1996. [4] By 1999, it added new vehicle franchises for Mitsubishi Motors, Toyota, and Nissan. [5] In late 2021, CarMax sold its last new vehicle dealership, located in Kenosha, Wisconsin, to the Rydell Company. [6]
If you've shopped for a used car in the past three or so years, you probably know it's been a hot market. The COVID-19 pandemic caused disruptions to the new car market, which sent buyers searching...
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 ...
It's one of the bestselling vehicles in the country, so the Honda CR-V is an unsurprising top choice among those researching new cars. A 10Best winner, the CR-V is a well-rounded compact SUV with ...
AutoZone, Inc. is an American retailer of aftermarket automotive parts and accessories, the largest in the United States. Founded in 1979, AutoZone has 7,140 stores across the United States, Mexico, Puerto Rico, Brazil, and the US Virgin Islands. The company is based in Memphis, Tennessee. [1] [2]
Edmunds also found that new-car prices are up 8.6% and used-car prices are up 27%. This could a great time to buy a new car if you have a high-value used vehicle to trade in and are flexible about ...
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