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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.
Used-Car Business Feeling a Hangover? Just 10 days ago, the New York Times wrote that the pandemic's used-car boom, along with the associated higher prices, is "coming to an abrupt end" as the ...
Rudy Russo is a young and cunning car salesman in Mesa, Arizona, with aspirations of running for the state senate.He works at the struggling New Deal used car lot owned by the elderly Luke Fuchs, who agrees to invest $10,000 in Rudy's campaign if he promises to keep the business alive.
CarMax, Inc. is a used vehicle retailer based in the United States. It operates two business segments: CarMax Sales Operations and CarMax Auto Finance. The company began as a side business of Circuit City, opening its first location in September 1993 in Richmond, Virginia. As of January 2025, CarMax operates 253 locations. [3]
A typical franchised, new car and truck dealership in the United States Car dealership showroom. In the United States, a car dealership is a business that sells cars. 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 ...
A car dealership, or car dealer, is a business that sells new or used cars, at the retail level, based on a dealership contract with an automaker or its sales subsidiary. Car dealerships also often sell spare parts and automotive maintenance services .