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
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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