NextGear Capital will finance vehicle purchases at CarMax auctionsWed, 27, Jul 2016
NextGear Capital will finance dealers' purchases of used vehicles at CarMax's 68 auction locations starting Aug. 8.
Store expects its used-car leasing to growMon, 25, Jul 2016
Dealer Wes Lutz took used-vehicle leasing into his own hands. He offers his customers leases on late-model used cars and trucks that, in some cases, can cut payments in half compared with purchasing a new vehicle of the same make and model.
Toyota CPO surge boosts sales industrywideMon, 25, Jul 2016
Industrywide first-half CPO sales grew 4 percent, according to data compiled by the Automotive News Data Center. Toyota division helped to lift the total, as its CPO sales climbed 15 percent.
No auctions for this used-car managerMon, 25, Jul 2016
A pre-owned sales manager at a Buick-GMC dealership in Ohio pays staffers $200 when they find the vehicles he wants.
Can Uber, Lyft help ease the glut of used cars?Sun, 10, Jul 2016
Leasing cars to Lyft and Uber could give automakers another much-needed outlet to help manage an expected influx of late-model used cars.
Hertz signs deals with Uber, Lyft to supply cars to driversFri, 01, Jul 2016
Hertz reached agreements with Uber Technologies and Lyft, the two largest U.S. ride-hailing startups, to supply drivers with vehicles the rental-car company rotates out of its fleet.
Vroom will make cash offers to private sellers on eBayWed, 29, Jun 2016
Online veteran eBay and online upstart Vroom have teamed up to pilot a program that will give eBay customers another option to sell their vehicles for cash and Vroom another way to source vehicles for its used-car operations.