Used Car Dealers Industry

NAICS: 44112

For additional companies see the Automobile Dealers Industry

Used Car Dealers Market Share: Largest Companies in the Used Car Dealers Industry

Company	Headquarters	Revenue ($ MM)
CARMAX (NYSE: KMX)	Richmond, VA	100
CARVANA	Tempe, AZ	35
MH SUB I LLC DBA INTERNET BRANDS	El Segundo, CA	26
DRIVETIME AUTOMOTIVE GROUP	Tempe, AZ	21
H GREGORY 1	Doral, FL	17
AMERICAS CAR MART	Rogers, AR	12
SWICKARD MANAGEMENT	Gladstone, OR	11
WMK	Richfield, OH	8
AAAG HOLDINGS	Carmel, IN	8
MARIAM INC. DBA DARCARS	Bethesda, MD	7
CAROLINAS INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION	Harrisburg, NC	6
DTC	Norristown, PA	5
VROOM	New York, NY	4
SULLIVAN AUTOMOTIVE GROUP	Santa Monica, CA	4
AMERICAN AUTO AUCTION GROUP	Indianapolis, IN	4
VAN HORN AUTOMOTIVE GROUP	Plymouth, WI	3
USASF	Wilmington, DE	3
AUTOSAVVY HOLDINGS	Woodscross, UT	3
OFF LEASE ONLY	Palm Springs, FL	3

This is a list of the largest companies active in the Used Car Dealers industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Used Car Dealers industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.

Growth: Fastest Growing Used Car Dealers Companies

A list of competitors in the Used Car Dealers industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Used Car Dealers businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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Venture Funding

These Used Car Dealers companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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