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AutoNation is an American automotive retailer based in Fort Lauderdale, Florida, which provides new and pre-owned vehicles and associated services in the United States. [6] The company was founded by Wayne Huizenga in 1996, starting with twelve AutoNation locations, and now has more than 300 retail outlets.
Lithia Motors, Inc. is an American nationwide automotive dealership group headquartered in Medford, Oregon. [7] It is the third largest new vehicle automotive dealership group in the United States, below AutoNation and Penske Automotive Group. [8]
Most car dealerships display their inventory in a showroom and on a car lot. Under U.S. federal law, all new cars must carry a sticker showing the offering price and summarizing the vehicle's features. [4] Salespersons, predominantly those who only work on commission, negotiate with buyers to determine a final sales price. In many cases, this ...
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The company's initial partner was Capital One in order for its customers to arrange financing, access upfront pricing, and locate inventory online. [6] Other noted co-founders include Jim Nguyen, Oded Noy, and Bernie Brenner. [7] [8]
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