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.

MORE USED CAR NEWS SALES MARKETING

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.

COMMENTARY: Keith Crain
Watch out for off-lease cars

We are flooding the market with low-mileage used vehicles with warranties that could throw a monkey wrench into the new-car marketplace.


Carvana files for IPO

Online used-car retailer Carvana, known for its vehicle “vending machine” towers, filed for an initial public offering of up to $100 million.

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