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CarsDirect was founded in 1998 by Scott Painter, launched from the business incubator Idealab. It was the first company to sell vehicles online directly to consumers, rather than referring consumers to brick-and-mortar dealers.
Autotrader.com was founded in 1997. [2] It was derived from Auto Trader magazine, first published by Stu Arnold in 1973. [5] Freelance photographers would travel to the address of a customer to photograph their vehicle.
Inventory may also cause significant tax expenses, depending on particular countries' laws regarding depreciation of inventory, as in Thor Power Tool Company v. Commissioner. Inventory appears as a current asset on an organization's balance sheet because the organization can, in principle, turn it into cash by selling it. Some organizations ...
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Painter was born in Seattle on September 30, 1968, and grew up in Placer County, California, near Sacramento. [6] He started his first company, Scott's Auto Dealing, at the age of 14. [ 7 ] [ 8 ] After high school, he joined the United States Army and trained to become a Spanish interrogator. [ 8 ]
Vroom, Inc. is a parent company of United Auto Credit Corporation (UACC) and CarStory. Previously, it was a used car retailer and e-commerce company that let consumers buy, sell, and finance cars online. [3]
Cars.com’s Editorial team is a source for automotive news, car reviews, videos, comparison tests and more. The Editorial team offers expert reviews and car-shopping content. The Editorial team operates independently of Cars.com’s advertising, sales and sponsored content departments and does not accept free trips or gifts from automakers.
Carsquare USA can be used to locate vehicles currently on the market—new and preowned, for sale and for lease—from multiple automotive sites.