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A startup trying to create a new channel for selling used vehicles just got almost $1 billion -- and a de facto endorsement from two major industry players.
Fair, whose app lets consumers secure vehicles online without a specific time commitment, has secured funding from BMW i Venture, Penske Automotive Group and others.
The new venture from Scott Painter, former TrueCar CEO, markets cars based on monthly payments and no-cost returns.
Two Alfas contend for top auto prizes, no Detroit cars make list; Genesis G70 sedan; Piling on savings at Renault-Nissan; TrueCar founder's leasing venture; Ford seat-suit stunner.
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