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In the United States, a car dealership is a business that sells cars. A car dealership can either be a franchised dealership selling new and used cars, or a used car dealership, selling only used cars. In most cases, dealerships provide car maintenance and repair services as well as trade-in, leasing, and financing options for customers.
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Autotrader.com, Inc. is an American online marketplace for car buyers and sellers, founded in 1997. [1] [2] [3] It aggregates new, used, and certified second-hand cars from dealers and private sellers. [4] The site also provides users with automotive reviews, shopping advice, and comparison tools for car financing and insurance information. [5]
In 1961, the company changed its name to Automatic Data Processing, Inc. (ADP), and began using punched card machines, check printing machines, and mainframe computers. ADP went public in 1961 with 300 clients, 125 employees, and revenues of approximately US$400,000. [3] The company established a subsidiary in the United Kingdom in 1965.
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Buy here, pay here. In the used car market in the United States and Canada, buy here, pay here, often abbreviated as BHPH, refers to a method of running an automobile dealership in which dealers themselves extend credit to purchasers of automobiles. [1] Typically, purchasers of cars at BHPH dealerships have poor credit history, and loans have ...
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May 9, 2024 at 3:00 PM. A defunct Akron car dealership agreed to pay nearly $37,000 after a settlement was reached in mid-April in a lawsuit filed by Attorney General Dave Yost. The lawsuit ...