Carbiz goes toe to toe with CarMax

Some dealers shudder when they hear used-car giant CarMax is opening a store down the road. This used-only dealer deliberately placed his second store next to a CarMax. Here's his strategy.


Falling used-car prices could hurt new sales, analyst warns

Prices for used cars and trucks could fall 15 to 20 percent as dealerships become awash in off-lease vehicles, creating “a big problem” for new-vehicle sales, an analyst said.

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