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Financing a used car from a private seller involves securing a loan from a bank, credit union or online lender to purchase a vehicle directly from an individual rather than a dealership.
Autotrader.com, Inc. is an American online marketplace for car buyers and sellers, founded in 1997. It aggregates new, used, and certified second-hand cars from dealers and private sellers. The site also provides users with automotive reviews, shopping advice, and comparison tools for car financing and insurance information . [ 1 ]
Auto Trader was founded by John Madejski, [2] [3] Paul Gibbons and Peter Taylor as Thames Valley Trader in 1977. [4] It was rebranded Auto Trader in 1988. The first title was followed by the publication of a second one, Southern Auto Trader. [5] The company launched a website, Autotrader.co.uk, in 1996, giving people the ability to buy or sell ...
The company's flagship product is AutoTrader, an online marketplace for buying and selling new and used vehicles. The company is owned by private equity firm Thoma Bravo. The company was originally a part of Trader Classified Media, which was founded in 1987 by John MacBain. Trader Corporation’s current CEO and President is Sebastian Baldwin.
In 1997, Autotrader.com was founded revolutionizing the way people buy and sell used cars. In 2014, Cox Enterprises brought its automotive-related businesses (which by then included vAuto and NextGear Capital) together under the Cox Automotive name. [17]
In December 2015, Scott Painter stepped down as CEO of TrueCar and was replaced by Chip Perry, the former CEO of AutoTrader.com. [26] [27] Under Perry, TrueCar's network of dealerships grew more than 24 percent quarterly over the prior year, as reported in July 2017.
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.
Auto Trader or AutoTrader may refer to: Autotrader.com, an American automobile sales website; AutoTrader.ca, a Canadian automobile sales website; Auto Trader Group, a British automobile sales website; AutoTrader.co.za, a South African automobile sales website, which was previously a subsidiary of the Auto Trader Group
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