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  2. Vehicle recycling - Wikipedia

    en.wikipedia.org/wiki/Vehicle_recycling

    In this business model, cars often sit in a dedicated yard for anywhere from a few weeks to several months, and patrons can bring their own tools and remove any parts they want to buy. Once a vehicle has been in the yard for a sufficient period of time, the facility will proceed with the end-of-life vehicle scrapping and recycling process.

  3. Wrecking yard - Wikipedia

    en.wikipedia.org/wiki/Wrecking_yard

    Salvage yards also buy most of the wrecked, derelict, and abandoned vehicles that are sold at auction from police impound storage lots, and often buy vehicles from insurance tow yards as well. The salvage yard offer car removal services, allowing individuals to dispose of their old, non-functional vehicles responsibly, will usually tow the ...

  4. Auto auction - Wikipedia

    en.wikipedia.org/wiki/Auto_auction

    Most car dealerships do not pay cash for the vehicles they buy at auto auctions. [23] They rely on inventory financing, a line of credit extended by a bank or other institution to acquire vehicles. [24] This is known in industry parlance as floorplanning (floor planning) or simply "flooring" vehicle inventory. [25]

  5. Car Allowance Rebate System - Wikipedia

    en.wikipedia.org/wiki/Car_Allowance_Rebate_System

    Program logo The Toyota Corolla was the program's top seller according to U.S. DoT [1] The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT [1]. The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel ...

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  7. Used car - Wikipedia

    en.wikipedia.org/wiki/Used_car

    Established in 1898, the Empire State Motor Wagon Company in Catskill, New York was one of the first American used car lots. [3]The used vehicle market is substantially larger than other large retail sectors, such as the school and office products market (US$206 billion in estimated annual sales) and the home improvement market (US$291 billion in estimated annual sales).

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