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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]
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.
“For one-car families eyeing a dependable second vehicle, the Nissan Rogue Sport stands out,” said Tony Taylor, owner of A-1 Auto Transport, one of the largest U.S.-based global auto transport ...
In the United States, auto auctions play a major role as a wholesale market for second-hand vehicles. Most states only allow closed auctions, meaning only dealers can use them. [ 6 ] As of 2018, there were 139 used car-auction sites in the US open only to car dealers. [ 7 ]
The company reports market value prices for new and used automobiles of all types, as well as motorcycles, snowmobiles and personal watercraft. [16] For both new and used automobiles, Kelley Blue Book provides a fair market range and fair purchase price, based on actual transactions of what others are paying for a vehicle and adjusted regularly as market conditions change.
In Europe in 1997, only 10–12% of cars had automatic transmissions. [4] In 1957 over 80% of new cars in the United States had automatic transmissions. [3] Automatic transmissions have been standard in large cars since at least 1974. [5] By 2020 only 2.4% of new cars had manual transmissions. [6]
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