Buy Here Pay Here News

CarMax Inc. reported that net sales and operating revenues increased 5.7 percent to $4.32 billion in the quarter ended Feb. 28. Used unit sales in comparable stores increased 2.8 percent…
Carvana Co. announced the opening of its newest vehicle inspection center, located in the Indianapolis suburb of Greenfield, Ind. This facility joins counterparts in the Atlanta, Dallas, Philadelphia and Phoenix…
Carvana Co. has priced its first auto finance securitization. The first quarter 2019 securitization is a private securitization in which Carvana expects to sell $350 million of principal balance of…
Carvana Co. unveiled its newest Car Vending Machine in Pittsburgh. The tower stands eight stories tall and holds 27 vehicles. Additionally, Carvana launched in two more markets in Pennsylvania, now…
CarMax Inc. is hiring to fill approximately 75 positions for the company’s first store in the McAllen, Texas, area. The store will be located in Pharr. The Pharr store is…
Carvana continues its rapid pace of expansion, adding three more markets in Texas. Carvana now operates in Killeen, College Station and Waco. The company offers expedited delivery in nine markets…
Practices at a pair of New Jersey buy-here, pay-here dealerships brought a lawsuit from the Attorney-General that seeks to ban the stores’ owner from doing business in the state. Attorney…
Ituran Location and Control Ltd. announced strong results for the fourth quarter. Revenue was $79.2 million, up 31 percent year-over-year. Net income was $15.2 million, up 55 percent year-over-year. The…
Copart Inc. announced the acquisition of Vincent Auto Solutions (VAS) located in Greenville, Ky. VAS has been remarketing total-loss and fleet vehicles in the western Kentucky region for over a…
Page 2 of 5