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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.
In 2005, Lexus also began reserving parking lots at major sporting arenas, entertainment events, and shopping malls, with the only requirement for free entry being the ownership of a Lexus vehicle. [238] An online owner publication, Lexus Magazine, [239] features automotive and lifestyle articles and is published online monthly [240] and on a ...
2015 Lexus GS 200t/GS 250/GS 350/GS 350 AWD/GS 450h/GS F; LS: full-size RWD/AWD. 1990 Lexus LS 400; 2001 Lexus LS 430; 2007 Lexus LS 460/LS 460 L; 2008 Lexus LS 600h/LS 600h L; 2009 Lexus LS 460/LS 460 AWD/LS 460 L/LS 460 L AWD; 2010 Lexus LS 460 SZ/Sport; 2013 Lexus LS 460/LS 460 AWD/LS 460 L/LS 460 L AWD/LS 600h L; 2017 Lexus LS 350/LS 500/LS ...
Since most states have requirements for a dealer to warranty or even guarantee a used vehicle for a certain amount of time and or mileage if sold to the public at a certain price, [10] a dealer must make a profit selling the previously traded car (now a used car). Trade-in value is an important facet of the car deal.
In 2009, during the great recession, AutoNation announced a newly formed AutoNation Payment Protection program, promising that the dealership will buy back any car at market value, should the owner lose their job. [20] By 2011, AutoNation was the first auto retailer in the U.S. to sell a total of 8 million vehicles. [21]
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