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In 1946, the National Used Car Dealers Association (NUCDA) was founded in Chicago, Illinois to lobby for the repeal of the rationing of tires and automotive parts following the end of World War II. After success in Washington in 1947, the NUCDA published a used car dealer "code of ethics."
Carvana Co. is an online used car retailer based in Tempe, Arizona. [2] The company was the fastest growing online used car dealer in the United States and is known for its multi-story glass tower car vending machines. [3] [4] [5] Carvana was named to the 2021 Fortune 500 list, one of the youngest companies to be added to the list. [6]
Autotrader.com, Inc. is an American online marketplace for car buyers and sellers, founded in 1997. [ 1][ 2][ 3] It aggregates new, used, and certified second-hand cars from dealers and private sellers. [ 4] The site also provides users with automotive reviews, shopping advice, and comparison tools for car financing and insurance information.
New car prices fell 0.2% in July and 1.4% from the prior year. Compared to their peak in February 2022, prices paid for used vehicles are now down 19.4%. Used car prices rose more than 40% ...
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.
A car dealership, or car dealer, is a business that sells new or used cars, at the retail level, based on a dealership contract with an automaker or its sales subsidiary. Car dealerships also often sell spare parts and automotive maintenance services . In the United States, car dealerships have historically been an important source of state and ...
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