Used Cars

Small used-car prices rise unexpectedly

Prices for small used cars are climbing to unexpected levels- a sign that demand is growing as price-sensitive consumers face dwindling options in the new-car market.


CarMax leads all publics in used sales, profits

CarMax, long the volume giant in the used-car market, also leads its rivals in profits and margins -- but challengers, however far behind, are on the rise.

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MORE USED CAR NEWS SALES MARKETING
Small used-car prices rise unexpectedly

Prices for small used cars are climbing to unexpected levels- a sign that demand is growing as price-sensitive consumers face dwindling options in the new-car market.


COMMENTARY: Keith Crain
Everyone finds the hidden jewels

My guess is that it has been going on for years — new-car dealers have been making more money on used cars than new. It has been the industry's great secret.

Losing money on used cars? Yes and no

NADA Data figures showing that the average franchised dealership lost money on used cars in 2017 may overstate the case, but the squeezing of margins is real.


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