In economic downturns the relative demand for these

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afford new vehicles of a particular make. In economic downturns, the relative demand for these and other used cars often increases as sales of new cars decline. Stand-alone used car dealers range from small, one-location stores to large, nationwide superstores, which have increased in popularity over the last decade. Like the used car departments of new car dealers, they capitalize on increased demand for used cars and relatively large profits on sales of previously owned cars, trucks, and vans. Some of the larger stores offer low-hassle sales on large inventories of these popular vehicles. Such dealers typically contract out warranty and other service-related work to other dealers or to satellite service facilities. Growth in leasing agreements and rental companies will continue to provide quality vehicles to these dealers, thus providing for future employment growth in the used car market. Automobile dealers increasingly use the Internet to market new and used cars. Through websites, consumers can easily access vehicle reviews; view pictures of vehicles; and
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compare models, features, and prices. Many websites also allow consumers to research insurance, financing, leasing, and warranty options. As a result, consumers are generally better informed and spend less time meeting with salespersons. Industry Definition: A car dealership or vehicle local distribution is a business that sells new or used cars at the retail level, based on a dealership contract with an automaker or its sales subsidiary. It employs automobile salespeople to do the selling. It may also provide maintenance services for cars, thus employing Automotive Technicians, stock and sell spare automobile parts, and process warranty claims. It belongs to Retail Division, which includes establishments engaged in selling merchandise for personal or household consumption and rendering services incidental to the sale of the goods. And then, it belongs to Automotive Dealers and Gasoline Service Stations major group, which includes retail dealers selling new and used automobiles, boats, recreational vehicles, utility trailers, and motorcycles including mopeds; those selling new automobile parts and accessories; and gasoline service stations.
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  • Fall '12
  • Pantel
  • Truck, Automobile, automobile dealers, car dealers, new car dealers

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