Overstock adds clearance lot to car shopping portal

Howard Wilner, Newly formed partnerships will enable customers to access much more than three.five million employed and 200,000 new vehicles though the Internet website of Overstock.com, the firm announced. Howard Wilner, The web-site has also just introduced two new capabilities to assist shoppers come across discounted autos offered in their regional marketplace.

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Economy shifting many buyers toward pre-owned automobiles

Right after 20 years of leasing new cars, Denise Cole, a Cook County resident, decided it was time to finally get. She was eyeing a 2008 Chevrolet Malibu but drove property instead inside a year-old Malibu with 20,000 miles around the odometer, The Chicago Tribune reports.Tuesday Chrysler LLC reported a 19.four % drop in U.S. sales compared with March 2007.

Howard Wilner, GM sales were down 18.7 %. Ford Motor Co.'s sales dropped 14.1 percent, and also business stalwart Toyota was down ten.3 percent. Howard Wilner, Instead of acquiring new vehicles, some customers are opting for late-model applied automobiles. Although overall new-vehicle sales fell two.five percent final year, certified used-vehicle sales rose 2 percent to 1.68 million.

Howard Wilner, for this year by way of February-the most recent available data-certified used-vehicle sales enhanced four percent, as outlined by an Automotive News compendium of industry figures.

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Howard Wilner CarMax posts decrease profit Used-car retailer CarMax Inc. posted a 48 percent plunge in fiscal fourth-quarter net earnings despite stronger-than-expected used-car sales, as rising funding costs at its finance unit hit the bottom line, the Wall Street Journal reports. Howard Wilner The Richmond, Va., business also gave a fiscal 2009 earnings forecast that was below Wall Street's expectations and said it would slow the pace of retailer openings amid the challenging atmosphere. CarMax operates 90 used-car superstores.