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App-based service hopes to satisfy customers' needs for simple, cheap car-buying experiences that don't require commitment.
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.
At NADA: Remembering retail pioneer Wayne Huizenga; Nissan to launch 8 EVs by 2022; Painter's push to 'idealize' customer experience; Hinrichs to talk product with Ford dealers.
Driving an EV bargain: How shopper scored $112 lease on BMW i3; World's first electrified road; Tesla vet joins Painter venture; Reprieve for Chevy store; Acura RDX output ramps up.
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