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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.
Most buyers should at least consider a certified pre-owned (CPO) vehicle. CPO cars offer many benefits of new cars, such as warranties and rigorous inspections, but at a lower price than a brand ...
A car dealer orders vehicles from the manufacturer for inventory and pays interest (called flooring or floor planning). Dealer holdbacks are a system of payments made by manufacturers to their dealers. [5] The holdback payments assist the dealer's ability to stock their inventory of vehicles and improve the profitability of dealers.
In 1997, the Camry became the first Toyota in history to earn the distinction of being the bestselling car in America when it knocked the Ford Taurus off its perch. With the exception of 2001, the ...
The Toyota Camry (XV10) is a mid-size car that was produced by Toyota between 1991 and 1996 in Japan and North America, and 1993 and 1997 in Australia. The XV10 series represented the third generation of the Toyota Camry in all markets outside Japan, which followed a different generational lineage.
The name "Camry" derives from the Japanese word kanmuri (ja:冠, かんむり), meaning "crown". [2] This follows Toyota's naming tradition of using the crown name for primary models starting with the Toyota Crown (1955), continuing with the Toyota Corona (1957) and Corolla (1966); the Latin words for "crown" and "small crown", respectively. [3]
Toyota Motor North America (TMNA) is the operating subsidiary that oversees all operations of the Toyota Motor Corporation in Canada, Mexico, and the United States. Its operations include research and development, manufacturing, sales, marketing, after sales and corporate functions, which are controlled by TMNA but sometimes executed by other subsidiaries and holding companies.
The company was founded in 2004 as Guangzhou Toyota, and began production in May 2006 with the Aurion-based Camry model. [1] The company began producing the Yaris in May 2008, the Highlander SUV in May 2009, the Camry Hybrid in April 2010, the E’Z in June 2011 and the Levin in July 2014. [1] The company was then renamed to GAC Toyota in ...
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