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As CarMax was struggling, along came AutoNation, the giant new-car dealership group, with a plan to compete with CarMax head-to-head in used cars.
FORBES: Used Cars, New Software
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In my prior coverage I noted that a New York area car dealership had sued Park Avenue Bank claiming that it was forced to pay off a loan by giving away Cadillacs to bank employees and their families, including Antonucci.
FORBES: Park Avenue Bank's Former President Arrested
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While there is an undeniable amount of egotistical cachet in driving a brand new car home from a dealership, choosing a pre-owned model is usually the better deal.
FORBES: The Most-Reliable Used Cars