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Mecum Auctions was founded in 1988 by Dana Mecum, [1] a car enthusiast whose father operated a dealership in Marengo, Illinois. [2] [3] Dana Mecum initially bought 40 semi-trailer trucks in the 1980s, and traded 10 of them for four houses which he rented out.
Thrifty Car Rental was established in 1958. [2] [3] The company completed an initial public offering (IPO) of common stock in 1987. It would grow in size by purchasing Ohio-based Snappy Car Rental for US$40,000,000 (equivalent to $98,319,463 in 2023) in May 1989. [4] [5]
A separate Calgary-based Rent-a-Wreck was founded in 1976 in Prince George, BC and was not affiliated with the US based firm. [1] This Canadian operation has been known as PractiCar since 2008. [2] As of October 2024, PractiCar offers car and truck rentals in six provinces and the Yukon Territory. [3]
Here’s what we know about the unique car rental company: The San Francisco-based company, previously named RelayRides, is like Airbnb for cars. The app matches “guests,” or users, with ...
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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