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Canada Drives was identified as a company growing fast enough for an IPO but opted to stay private due to low-interest private equity funds. [12] In 2019, U.S.-based growth equity firm Anthos Capital invested $100 million. [13] Canada Drives expanded its business model in 2020 from online auto financing to online vehicle retailing and delivery ...
The average transaction price for a new car in February was $47,244, according to Kelley Blue Book. That represents a 2.2% year-over-year drop -- but it's still crazy expensive for the average ...
The Tesla landscape is interesting as well. MotorTrend said it has nearly 1,800 used Model S sedans for sale. Drilling deeper, the marketplaces’s sales data shows the Model S sedans take an ...
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.
CarGurus is an automotive research and shopping website that assists users in comparing local listings for used and new cars and contacting sellers. CarGurus uses algorithms to analyze and compare prices and features on cars for sale. [7]
A number of car models won't ring in the new year. The Ford Edge, Toyota Venza and Mini Clubman are just some of the vehicles that won't make it past model year 2024 in U.S. markets.
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