The used car market in the United States is a booming industry, with some dealerships growing into massive operations that cater to millions of customers every year. From nationwide chains with hundreds of locations to innovative online platforms, these companies have made finding and purchasing a pre-owned vehicle easier than ever. With a focus on quality, transparency, and customer satisfaction, the largest used car dealers have set themselves apart by offering extensive inventories, flexible financing options, and exceptional service. Whether you’re searching for a certified pre-owned luxury car or a reliable budget-friendly option, these industry leaders have something to offer. Here’s a look at the 13 largest used car dealers in the U.S. and what makes each one unique.
CarMax Inc.
Established in 1993 as a subsidiary of Circuit City, CarMax has grown into the nation’s largest used car retailer. With over 238 locations across 41 states, the company sold approximately 765,572 used vehicles in the fiscal year ending February 29, 2024. CarMax is renowned for its no-haggle pricing and comprehensive 125-point inspection process, ensuring quality and transparency for buyers. Each vehicle comes with a 90-day warranty and a 10-day money-back guarantee, reflecting their commitment to customer satisfaction. The average CarMax store spans about 59,000 square feet, housing an inventory of 300–400 vehicles. In addition to sales, CarMax offers financing options through its CarMax Auto Finance division. Their innovative business model has set a benchmark in the used car industry.
Carvana Co.
Founded in 2012, Carvana has revolutionized the used car market with its online-only platform and unique car vending machines. Headquartered in Tempe, Arizona, the company operates 39 car vending machines across the country. In 2023, Carvana sold approximately 312,847 vehicles, making it one of the fastest-growing online used car dealers in the U.S. Customers can complete the entire purchasing process online, from browsing to financing, with the option of home delivery or pickup from a vending machine. Carvana offers a 7-day return policy, allowing buyers to test the vehicle thoroughly. Their transparent pricing and detailed vehicle information have attracted a significant customer base. In 2021, Carvana was named to the Fortune 500 list, highlighting its rapid growth and impact on the industry.
AutoNation Inc.
Established in 1996 by H. Wayne Huizenga, AutoNation is a leading automotive retailer based in Fort Lauderdale, Florida. The company operates over 300 retail outlets across the United States, offering both new and pre-owned vehicles. In 2020, AutoNation sold approximately 241,182 used vehicles, ranking it among the top used car dealers in the nation. Their extensive network includes various brands, providing a wide selection for consumers. AutoNation emphasizes customer service, offering financing, maintenance, and repair services. The company has also ventured into digital retailing, allowing customers to purchase vehicles online. Their commitment to innovation and customer satisfaction has solidified their position in the automotive retail industry.
Penske Automotive Group
Penske Automotive Group is a diversified transportation services company operating automotive and commercial truck dealerships across the U.S. and internationally. In 2020, the company sold approximately 233,469 used vehicles, placing it among the top used car retailers in the country. Penske’s extensive dealership network offers a wide range of brands and models, catering to diverse customer preferences. The company emphasizes customer service, providing financing, maintenance, and repair services. Penske Automotive Group also engages in commercial vehicle distribution and related services. Their diversified operations and commitment to quality have established them as a significant player in the automotive retail sector.
Lithia Motors Inc.
Founded in 1946, Lithia Motors has grown into one of the largest automotive retailers in the United States. In 2020, the company sold approximately 183,230 used vehicles, highlighting its significant presence in the used car market. Lithia operates a vast network of dealerships offering a variety of brands and models. The company focuses on customer satisfaction, providing comprehensive services including financing, maintenance, and repairs. Lithia has also embraced digital retailing, allowing customers to purchase vehicles online. Their strategic acquisitions and expansion efforts have contributed to their substantial growth in the automotive retail industry.
Sonic Automotive Inc.
Established in 1997, Sonic Automotive is a Fortune 500 company and one of the largest automotive retailers in the United States. In 2020, the company sold approximately 159,025 used vehicles, underscoring its strong position in the used car market. Sonic operates numerous dealerships representing various brands, offering a wide selection of vehicles to consumers. The company emphasizes customer experience, providing services such as financing, maintenance, and repairs. Sonic has also developed EchoPark, a subsidiary focused on pre-owned vehicle sales with a unique customer-centric approach. Their innovative strategies and commitment to quality have solidified their standing in the automotive retail sector.
Group 1 Automotive Inc.
Founded in 1997, Group 1 Automotive is an international automotive retailer with operations in the U.S., U.K., and Brazil. In 2020, the company sold approximately 140,118 used vehicles, reflecting its substantial role in the used car industry. Group 1 operates numerous dealerships offering a variety of brands and models to meet diverse customer needs. The company focuses on customer service, providing financing options, maintenance, and repair services. Group 1 has also invested in digital retailing platforms to enhance the customer purchasing experience. Their global presence and comprehensive services have established them as a key player in the automotive retail market.
Hendrick Automotive Group
Founded in 1976 by Rick Hendrick, Hendrick Automotive Group has grown into one of the largest privately held automotive dealership groups in the United States. The company operates 94 dealerships across 13 states, representing 25 automotive brands. In 2020, Hendrick Automotive Group sold approximately 94,356 used vehicles, highlighting its significant presence in the used car market. The company emphasizes customer satisfaction, offering services such as financing, maintenance, and repairs. Hendrick Automotive Group also engages in motorsports, owning the successful NASCAR team Hendrick Motorsports. Their commitment to excellence in both automotive retail and racing has solidified their reputation in the industry.
Asbury Automotive Group
Established in 1995, Asbury Automotive Group has become a prominent automotive retailer in the U.S. In 2020, the company sold approximately 80,537 used vehicles, underscoring its significant role in the used car market. Operating over 90 dealerships across the nation, Asbury represents a diverse range of brands, providing customers with a wide selection of vehicles. The company emphasizes a customer-centric approach, offering comprehensive services including financing, maintenance, and repairs. Asbury has also invested in digital retailing platforms, allowing customers to complete vehicle purchases online. Their strategic acquisitions and focus on operational efficiency have contributed to their growth in the automotive retail sector.
Larry H. Miller Dealerships
Founded in 1979 by Larry H. Miller, this dealership group has expanded to become one of the largest in the United States. In 2020, the company sold approximately 50,751 used vehicles, highlighting its substantial presence in the used car industry. Operating over 60 dealership locations, Larry H. Miller Dealerships represent a variety of automotive brands, offering a broad selection to consumers. The company is committed to customer satisfaction, providing services such as financing, maintenance, and repairs. Additionally, they engage in community initiatives through the Larry H. Miller Charities. Their dedication to quality service and community involvement has solidified their reputation in the automotive retail market.
Ken Garff Automotive Group
Established in 1932, Ken Garff Automotive Group has grown into a significant player in the U.S. automotive retail industry. In 2020, the company sold approximately 53,687 used vehicles, reflecting its strong position in the used car market. Operating numerous dealerships across multiple states, Ken Garff represents a wide range of automotive brands, providing diverse options for consumers. The company focuses on delivering exceptional customer service, offering financing solutions, maintenance, and repair services. Ken Garff Automotive Group also emphasizes community engagement through various philanthropic efforts. Their commitment to integrity and customer satisfaction has earned them a reputable standing in the industry.
Herb Chambers Companies
Founded in 1985 by Herb Chambers, this dealership group has grown into one of the largest in New England. Operating over 60 dealerships, they represent a wide array of automotive brands, offering a diverse selection of used vehicles. The company emphasizes exceptional customer service, providing comprehensive services including financing, maintenance, and repairs. Herb Chambers Companies have been recognized for their innovative sales strategies and commitment to customer satisfaction. Their dedication to quality and service has solidified their reputation in the automotive retail industry.
Fletcher Jones Automotive Group
Established in 1946, Fletcher Jones Automotive Group has expanded its operations to become a notable automotive retailer in the United States. The company operates numerous dealerships across multiple states, representing a wide range of automotive brands. Fletcher Jones emphasizes a customer-centric approach, offering a diverse selection of used vehicles to cater to various consumer preferences. The company provides services such as financing, maintenance, and repairs, ensuring a comprehensive customer experience. Their dedication to quality service and customer satisfaction has solidified their position in the automotive retail market.
This article originally appeared on Rarest.org.
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