Auto Trader makes money by charging sellers to advertise

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Carvana soared during the COVID-19 pandemic as car buyers shifted to online shopping. They rolled out contactless delivery and pickup, and their auto sales increased 25% in the second quarter of 2020, bringing in $1.12 billion in gross revenue.

In 2020, Carvana sold a whopping 244,111 vehicles, making it the second-largest online used car bolivia phone number data retailer in the U.S. While CarMax has a combination of brick-and-mortar stores and an online presence, Carvana’s primarily online approach allows customers to buy a car without leaving their home, an advantage in a world increasingly moving toward digital transactions.

Car dealer
Auto Trader is the UK’s best place to buy and sell cars online. If you’ve ever dreamed of a specific car, you can find it on Auto Trader. Like CarMax, Auto Trader is in the business of helping people buy and sell used (and new) cars. But unlike CarMax, they are more of a middleman, connecting buyers and sellers.

Auto Trader began its journey in 1977 as a magazine. But as the internet wave took over, they made the smart move to go digital in 1996. Since then, they have grown to become the UK’s largest digital car marketplace.

While CarMax has a mix of physical stores and an online platform, Auto Trader is primarily online focused and has a wide range of vehicles listed on their platform, from budget-friendly to luxury vehicles.

their vehicles on the platform. So when you sell your car, you pay a fee to market it, which allows you to reach a large audience of potential buyers.