Like the rest of the automotive industry, the used-car market has seen its fair share of turmoil over the past few years. While local dealers and small independent lots are still a common sight across most of North America, there’s been a trend, headlined by Carvana, toward online retailing for used vehicles. The Arizona-based e-commerce outfit originally launched with physical locations featuring multistory car vending machines—a gimmick that worked, drawing attention to the…
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