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Indianapolis, Indiana . Average used car price: $22,011 . Difference from national ... Residents of Indiana drive a lot — about 18,000 miles compared to the national average of 13,000 to 14,000 ...
In the used car market in the United States and Canada, buy here, pay here, often abbreviated as BHPH, refers to a method of running an automobile dealership in which dealers themselves extend credit to purchasers of automobiles. [1] Typically, purchasers of cars at BHPH dealerships have poor credit history, and loans have high interest rates. [1]
Used-car lots, either attached to a new-car dealer or standalone, offer a buying experience that's most similar to purchasing new. Then there are the used-only chains, which you might prefer for ...
AutoNation continued growing by acquiring other companies in the car rental business such as National Car Rental, Spirit Rent-A-Car, Value Rent-A-Car, Snappy Car Rental and more. [ 9 ] In 2011, AutoNation was the first auto retailer in the United States to sell a total of 8 million vehicles.
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]
The influx of older used cars is an optimistic sign for the industry, though. In the first quarter of 2022, the average used car trade-in was 7.9 years old; in the just completed quarter, it was 9 ...
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