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  2. Manheim Auctions - Wikipedia

    en.wikipedia.org/wiki/Manheim_Auctions

    Manheim, Inc. is an automobile auction company and the world's largest wholesale auto auction, based on trade volume with 145 auctions located in North America, Europe, Asia and Australia. As a subsidiary of Cox Automotive, a subsidiary of privately owned Cox Enterprises, Inc. based in Atlanta, Georgia, Manheim's primary business is wholesaling ...

  3. Mecum Auctions - Wikipedia

    en.wikipedia.org/wiki/Mecum_Auctions

    Mecum Auctions was founded in 1988 by Dana Mecum, [1] a car enthusiast whose father operated a dealership in Marengo, Illinois. [2] [3] Dana Mecum initially bought 40 semi-trailer trucks in the 1980s, and traded 10 of them for four houses which he rented out.

  4. Used car - Wikipedia

    en.wikipedia.org/wiki/Used_car

    A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers, rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.

  5. Carvana buys auction business for $2.2B to jumpstart used car ...

    techcrunch.com/2022/02/24/carvana-buys-adesa-us-au

    Carvana acquires Adesa US auction business for $2.2B to jump-start used car sales. Carvana, the online used car marketplace, has agreed to buy Kar Global’s Adesa U.S. auction subsidiary for $2.2 ...

  6. Secondhand car auction platform Motorway hits unicorn status ...

    techcrunch.com/2021/11/28/second-hand-car...

    Motorway says it now has a network of 4,000 professional car dealers using the platform and claims it has booked a 300% uplift in third-quarter sales to $411 million compared with $105 million ...

  7. Auto auction - Wikipedia

    en.wikipedia.org/wiki/Auto_auction

    A dealer auto auction is a specialized form of auction. Millions of vehicles are sold at such dealer auto auctions every year. These auctions are restricted to the general public and only licensed dealers can participate. Prices of vehicles sold at dealer auctions tend to be lower than those advertised on any dealer's lot.

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