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The Car Wholesaling market is a segment of the automotive industry that involves the buying and selling of cars between dealerships and other businesses. It is a key part of the automotive supply chain, as it allows dealerships to acquire the vehicles they need to meet customer demand. Car wholesalers typically purchase vehicles from manufacturers or other dealerships in bulk, and then resell them to other dealerships or businesses. The wholesaler may also provide additional services such as financing, vehicle inspections, and transportation.
Car wholesalers play an important role in the automotive industry, as they help to ensure that dealerships have the vehicles they need to meet customer demand. They also help to keep prices competitive by providing a wide range of vehicles at different price points.
Some of the major companies in the Car Wholesaling market include Manheim, ADESA, KAR Global, and Copart. These companies provide a variety of services to dealerships, including vehicle auctions, financing, and transportation. They also offer a wide range of vehicles, from luxury cars to economy models. Show Less Read more