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Both CarMax and Carvana are great platforms for buying and selling used cars, but which one is better? Here's a full overview to help you make your decision.
U.S. News & World Report ranked the Hyundai Kona at No. 1 (tied with the Kia Soul and Mazda CX-30) on its list of Best Subcompact SUVs for 2022, giving it a score of 8.4 out of 10. [103] In 2023, Hyundai Kona won the 'Car of the Year' prize at the Auto Express New Car Awards. [104]
Arnold Clark never retired from the company, remaining as chairman until his death on 10 April 2017, at the age of 89. [4] On 31 January 2019, Arnold Clark completed their takeover of The Phoenix Car Company. Phoenix was a family-run car retail group established in 1993, with dealerships of Kia, Hyundai, Honda, SsangYong and Mazda.
Sir John Arnold Clark (27 November 1927 – 10 April 2017) was a Scottish billionaire businessman. Clark opened a showroom in Glasgow in 1954 and found some success selling cars. He expanded his business and Arnold Clark Automobiles became a nationwide chain of motor dealerships and the largest privately owned business in Scotland.
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The Edmunds.com True Market Value Used Vehicle Appraiser estimates the actual transaction prices for used vehicles bought and sold by dealers and private parties. [27] In 2020, Edmunds launched a partnership with CarMax that allows a driver to receive a no-obligation cash offer for their vehicle which can be redeemed at any CarMax location. [28]
CarMax, Inc. is a used vehicle retailer based in the United States. It operates two business segments: CarMax Sales Operations and CarMax Auto Finance. The company began as a side business of Circuit City, opening its first location in September 1993 in Richmond, Virginia. As of January 2025, CarMax operates 253 locations. [3]
Before its acquisition by Republic Industries in 1997, but under the early division brand name "AutoNation", the company was a growing network of used automobile superstores. In 1995, H. Wayne Huizenga of Republic Industries became chairman of the board of directors [ 8 ] and through Republic's ownership of AutoNation, sought to expand its ...