Life & Health Insurance leads with $5.531 trillion revenue. Car & Automobile Sales ranks second at $4.357 trillion. Commercial Real Estate follows at $4.329 trillion. Pension Funds generates $4.25 trillion. Oil & Gas Exploration reaches $4.23 trillion
Employees take better care of company vehicles when they can purchase. Companies receive maximum market price due to driver's knowledge. Employee sales provide quicker cash flow. Companies may lower transportation and auction fees
List price is manufacturer's suggested retail price for product sales. Retailers may charge less than suggested price based on wholesale costs. List prices may be unrealistically high, appearing as discounts. MSRP commonly used in US automobile sales with window stickers
CarMax operates 238 locations across 41 states as of October 2022. Founded in 1993 as Circuit City's side business in Richmond, Virginia. Headquarters located in Richmond, with Auto Finance in Kennesaw, Georgia
Facebook Marketplace allows selling cars from anywhere with internet and app. Computer users access through Marketplace on homepage. Mobile users find it through Shop icon or Menu button
First dedicated car dealership opened by Fred Koller in 1889. US car dealerships peaked at 53,125 in 1927, then declined to 22,007 by 2001. First woman car dealer was Rachel Krouse in 1903