Online Auto Sales news and trends

Honcker’s New Lease On Auto-Leasing
Alternative Finances // February 27, 2018

There are aggregators for just about everything these days, and loans of all types. Now we can add car leasing to the list. According to the latest trends report from Edmunds, auto leasing has enjoyed a huge spike in popularity over the last six to seven years, with...

Carvana Used Car Sales Up 120 Percent In First Quarter
Retail // June 07, 2017

Carvana, the eCommerce platform for buying used cars, announced Tuesday (June 6) its first quarter results, which showed it sold 8,334 cars, an increase of 120 percent. In a press release announcing the results for the three months ending in March, Caravana said revenue came in...

Quick Reads
Volvo Invests in Carwow, Expecting to Sell Half Its Cars Online by 2025

April 26, 2022
Volvo Cars has taken a minority stake in Carwow, the European online car retailer, a Financial Times report said Tuesday (April 26). The Swedish brand is looking at selling half its cars online by 2025, and its Carwow stake will boost Volvo’s digital sales and appeal on social media. Volvo has currently around 1 in […]

Carvana Used Car Sales Up 120 Percent In First Quarter

June 07, 2017
Carvana, the eCommerce platform for buying used cars, announced Tuesday (June 6) its first quarter results, which showed it sold 8,334 cars, an increase of 120 percent. In a press...