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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]
The new car market in the summer can also impact the used car market. Because new models are typically released in late summer or early fall, a lot of car buyers looking for new cars are willing ...
David Greene, principal analyst at Cars.com, believes that prices for both new and used cars will be high, but used car buyers in particular may struggle to find affordable options.
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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Unfortunately for prospective buyers, new cars have seen continued price hikes over the past 11 months. Combined with higher interest rates, these increases have made new cars less affordable over ...