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CARMAX HBR case analysis

Essay specific features

 

Issue:

Business

 

Written by:

Shonda H

 

Date added:

February 19, 2012

 

Level:

University

 

Grade:

B

 

No of pages / words:

7 / 1818

 

Was viewed:

5301 times

 

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Essay content:

65 % of late model, used vehicles were sold by 21,800 new car dealers through out United States. However most of these new car dealers considered used cars a secondary business. The remaining 35 % was a mix of independent used car dealers and private sales. Between 1985 and 2001, the year over year change in used units sold averaged less than two percent up or down...
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In 1994, U.S. had 46 million registered vehicles 12 years old or older, up from 18.9 million such cars and trucks in 1980. This indicates about 150 % increased during that 15 years span. ? New car prices were accelerating faster than income per capita, driving many potential new car buyers into the used car market...
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General issues of this essay:
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