Used vehicles Archives

CarGurus launches platform for dealers to buy used cars online from consumers

By Joe Overby – Senior Editor, AutoRemarketing When CarGurus purchased a majority stake in CarOffer this winter, one of the benefits to the deal was that it could give CarGurus dealer partners another digital avenue to source used inventory. That capability...

July 30, 2021

Cox Automotive’s Randy Kobat shares the best practices and acquisition methods for used vehicles

Car Dealerships

Cox Automotive’s Randy Kobat shares the best practices and acquisition methods for used vehicles

How can car dealerships best maintain profit in today’s environment with low new car inventory and high demand for used vehicles? Randy Kobat, Vice President of Operations for Inventory Management Solutions at Cox Automotive, answers this question and more on today’s...

July 7, 2021

AutoCanada increases used-car retail sales by 52%

Car Dealerships

AutoCanada increases used-car retail sales by 52%

AutoCanada increases Q1 used-car retail sales by 51.9% year-over-year. Here are a few interesting figures: 🚗 AutoCanada retailed a combined 9,734 used vehicles in the first quarter. 🚗 Used-vehicle revenue climbed from $229.36 million a year ago to $364.07 million...

May 12, 2021

Ford & dealers launch online used-car marketplace

Automated Decisioning Digital Retailing

Ford & dealers launch online used-car marketplace

Ford Motor Company has partnered with its dealers to launch a digital used-vehicle marketplace, launching Thursday Feb 12 during NADA Show 2021. “We can now connect the right shopper to the right pre-owned Ford vehicle faster than ever,” Ford VP of...

February 11, 2021