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Ugly Duckling had two car dealers, one in Phoenix and one in Tucson, by 1992. The company bought three more dealers but added four new ones, giving them an appearance comparable to a standard dealer, rather than the unpleasant look most subprime lots had. [16] One dealer closed in 1994 because it did not live up to the new image.
Tim's Toyota, a Toyota dealership in Prescott with used car lots in Prescott Valley and Chino Valley, paid an undisclosed sum to be the corporate sponsor and namesake of the arena. That deal expired on September 30, 2014, with the arena reverting to the Prescott Valley Event Center name. [7]
Since most states have requirements for a dealer to warranty or even guarantee a used vehicle for a certain amount of time and or mileage if sold to the public at a certain price, [10] a dealer must make a profit selling the previously traded car (now a used car). Trade-in value is an important facet of the car deal.
Used-car lots, either attached to a new-car dealer or standalone, offer a buying experience that's most similar to purchasing new. Then there are the used-only chains, which you might prefer for ...
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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.
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