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While a student, Clayton started an informal business of fixing and reselling used cars, [1] establishing a used-car business in 1956. That business grew into a group of Knoxville-area automobile dealerships operated by Jim Clayton and his brother Joe; Jim Clayton sold his interest in the automotive business to Joe in 1981.
Don Massey’s career started in construction in his home state of Tennessee.In 1955, he moved his family to the Detroit area and began selling cars. Massey was a natural salesman and by the late 1950s had been promoted to used car manager and then general manager at a Chevrolet dealership in Detroit.
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]
Franchise dealerships are ideal for used car shoppers who want to buy a car in a specific brand, like a Honda or Toyota. According to the post on Ramsey Solutions, shoppers may also find pre-owned ...
The trade came about as a way for the brand to acquire a strong-performing Chevrolet franchise, as well as a plot of land beside the dealership on which the new Murray Imports BMW location could be built. [17] [18] Sonic purchased the four AutoMatch USA used car locations in Florida and Georgia in 2016. These locations were re-branded under ...
A car dealership can either be a franchised dealership selling new and used cars, or a used car dealership, selling only used cars. In most cases, dealerships provide car maintenance and repair services as well as trade-in, leasing, and financing options for customers. Used car dealers can carry cars from various different manufacturers, while ...
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