Used-car Retailer CARite Launches Rent-to-Own Plan

The “Pay As You Go” plan is designed to let anyone choose, subscribe to and drive the vehicle of their choice while allowing them to build equity for a no-obligation purchase.

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Car Market Shifting As More Work, Shop From Home

For those dealers not in the premium luxury end of the market, wouldn’t it make sense to investigate the marketing, technologies and new ways of securing business in the subprime, deep subprime and first-time buyer side of the business? art 1 – The new stars of Wall Street in automotive retail – Carvana, Vroom and soon Shift – are gaining both value and market share, despite staggering losses. So what defendable market advantage do they have over traditional car dealers?

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Delivery Among Pandemic Trends That May Not Continue

Home delivery for many items such as prepared food and groceries are costing everyone more money, and everyone is losing: the merchant, the delivery company, the driver, and most importantly, the consumer.

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Missing piece to the mobility puzzle: Helping carless people

Facilitating a program that provides a process for private ownership to lower-income households that do not have vehicles would speak to the “Poverty of the Carless” immediately.

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Online Auto Retailer to Fight ‘Poverty of the Carless’

A 2014 Urban Institute study concluded that private-vehicle access is “indispensable for families seeking safety and economic security,” DriveItAway says in announcing its support for the Drive For Freedom Foundation.

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The fiction – and fact – of the “Carvana advantage”

The new stars of Wall Sreet in automotive retail, Carvana, Vroom and Shift, are gaining value and market share despite historic losses and only recent breakeven results. So what defendable market advantage do they have over traditional car dealers? Nothing more or less, than a new way of thinking about the customer.

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Finding a Place for Vehicle Subscriptions in Fleet

PodCast – John Possumato, Founder and CEO of DriveItAway, spoke to Automotive Fleet to discuss how vehicle subscriptions can be catered to the fleet market. He notes that these types of services have long been marketed toward the retail side, but that the fleet market could prove to be a better place for these services.

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