Overstock adds clearance lot to car or truck purchasing portal

Howard Wilner, Newly formed partnerships will allow buyers to access much more than 3.5 million employed and 200,000 new vehicles although the Web site of Overstock.com, the corporation announced. Howard Wilner, The site has also just introduced two new options to assist shoppers uncover discounted autos offered in their local market place.

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Economy shifting numerous purchasers toward pre-owned autos

Just after 20 years of leasing new autos, Denise Cole, a Cook County resident, decided it was time to lastly purchase. She was eyeing a 2008 Chevrolet Malibu but drove dwelling instead inside a year-old Malibu with 20,000 miles on the odometer, The Chicago Tribune reports.Tuesday Chrysler LLC reported a 19.4 % drop in U.S. sales compared with March 2007.

Howard Wilner, GM sales have been down 18.7 percent. Ford Motor Co.'s sales dropped 14.1 percent, as well as market stalwart Toyota was down 10.3 percent. Howard Wilner, As opposed to acquiring new vehicles, some consumers are opting for late-model used automobiles. Though general new-vehicle sales fell 2.5 percent final year, certified used-vehicle sales rose 2 % to 1.68 million.

Howard Wilner, for this year via February-the most current obtainable data-certified used-vehicle sales increased four percent, in accordance with an Automotive News compendium of sector figures.

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Howard Wilner CarMax posts reduced profit Used-car retailer CarMax Inc. posted a 48 % plunge in fiscal fourth-quarter net revenue despite stronger-than-expected used-car sales, as increasing funding charges 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 under Wall Street's expectations and said it would slow the pace of retailer openings amid the challenging environment. CarMax operates 90 used-car superstores.