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However, the rise of big used car dealers has not come without challenges. The industry has seen increased competition, not just from other traditional dealerships but also from online platforms and startups specializing in used car sales. Companies such as Carvana and Vroom have disrupted the market by offering fast, digital-first experiences. As a result, big used car dealers must continuously innovate and improve their offerings to stay relevant.


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Manufacturers have responded to this demand with significant investments in research and development, resulting in the introduction of innovative models equipped with advanced technology. From improved battery life in electric vehicles to enhanced safety features and in-car connectivity options, the enhancements in passenger vehicles are impressive. Moreover, as governments introduce incentives for electric vehicle purchases and impose stricter emissions regulations, consumers find themselves more inclined to invest in newer, cleaner technologies.


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