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In 2011, two years after launching a similar service for new vehicles, the company launched a used car inventory search tool, allowing users to compare vehicles in their market. [12] Edmunds.com launched its first TV advertising campaign in select markets in 2012, before expanding nationally in 2013. [ 13 ]
New car purchases mean trade-ins, and that increases used car inventory. Essentially, used cars depreciate in value due to the supply factor, which helps you afford a car that was more expensive ...
Whether you're buying a new or used car, selling your car, repairing or maintaining your current car, our articles and tools will give you the confidence to tackle any situation.
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.
Retail floor planning (also referred to as floorplanning or inventory financing) is a type of short term loan used by retailers to purchase high-cost inventory such as automobiles. These loans are often secured by the inventory purchased as collateral. [1] Floor planning is commonly used in new and used car dealerships. [2]
It's only a couple months in to a new year, and for some, that might mean a new car. But is the beginning of the year the best time to buy a new car -- even if it's used? See: 10 New Cars To Avoid...
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