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The Car Allowance Rebate System ( CARS ), colloquially known as " cash for clunkers ", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel-efficient vehicle when trading in a less fuel-efficient vehicle. The program was promoted as a post-recession stimulus ...
From 2020 to 2021, prices on Shift’s platform went up nearly 40%, from around $16,400 to a nearly $23,000 average sale price, according to George Arison, Shift’s co-founder and CEO. More ...
Actual cash value (ACV) ACV is used to determine how much of a payout you will receive for a totaled vehicle. It is determined by the replacement cost of your vehicle minus depreciation, which ...
Carvana, the online used car marketplace, has agreed to buy Kar Global’s Adesa U.S. auction subsidiary for $2.2 billion in cash, an acquisition aimed at adding another revenue stream as well as ...
Terran Orbital reported cash reserves of $14.6 million as of July 31, down from $30.6 million as of the end of June. It told regulators on August 12 that it was pursuing “a range of strategic ...
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