used cars

A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners.

Source: en.wikipedia.org

Car Dealers Say High Prices Are Scaring Off Buyers
Car Dealers Say High Prices Are Scaring Off Buyers
February 05, 2023  |  Consumer Insights

A spike in the price of new cars has both buyers and auto dealers worried. As The Wall Street Journal (WSJ) reported Saturday (Feb. 4),...

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CarMax Stock Skids in Q3 as Used Car Sales Sputter
CarMax Stock Skids in Q3 as Used Car Sales Sputter
December 22, 2022  |  Retail

An 86% drop in profits and 22% slump in used car sales saw CarMax stock slump sharply in early trading. This, as the nation’s largest...

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CarGurus Slammed By Falling Used Car Demand and Prices
CarGurus Slammed By Falling Used Car Demand and Prices
November 08, 2022  |  Earnings

Drops in both demand and unit prices in the used car market contributed to unexpected weakness in CarGurus’ latest results, executives said Tuesday (Nov. 8)...

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Carvana Expects Used Car Industry to Remain Challenging in 2023
Carvana Expects Used Car Industry to Remain Challenging in 2023
November 03, 2022  |  eCommerce

Used car eCommerce platform Carvana said it expects the industry will face headwinds well into 2023, saying it plans continued cost-cutting measures to counter them....

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UK’s Used Car Startup Cazoo Raises Another $116 Million
UK’s Used Car Startup Cazoo Raises Another $116 Million
March 23, 2020  |  Investments

Used car sales startup Cazoo has raised another 100 million pounds ($116 million), which it wants to use to continue buttressing its business, according to...

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Shifting The Used Car Market Into Overdrive
Shifting The Used Car Market Into Overdrive
February 28, 2020  |  Retail

Google “used car dealer.” Click on the image tab. Within the top four thumbnails you will see a man wearing a bad jacket, a bad...

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Vroom CEO: Driving Used-Car Sales Into the Digital Future
Vroom CEO: Driving Used-Car Sales Into the Digital Future
December 13, 2019  |  eCommerce

Twenty-minute test drives are so 20th century. Thanks to digital technology and shifting consumer habits and expectations, that longstanding feature of consumer and automotive culture...

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SoftBank Reportedly Tapping Into Online Used Car Trend
SoftBank Reportedly Tapping Into Online Used Car Trend
August 12, 2019  |  Retail

Among the ongoing trends in retail is the funding for online used car platforms, and the ongoing rise of eCommerce and digital payments in Latin...

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SoftBank Invests $17M In Brazilian Used Car Seller Volanty
SoftBank Invests $17M In Brazilian Used Car Seller Volanty
August 07, 2019  |  Investments

Volanty, an online Brazilian used car market startup, raised 70 million reais ($17.6 million) in funding, led by Japan’s SoftBank and Argentina’s Kaszek, Reuters reported...

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