The story
Autotrader.com was founded in 1997. It was derived from Auto Trader magazine, first published by Stu Arnold in 1973. Freelance photographers would travel to the address of a customer to photograph their vehicle.
Arnold sold the business in 1988 to Cox Enterprises, an Atlanta-based media chain. In 2010, Providence Equity Partners purchased a 25% interest, becoming a minority owner in the company. Kleiner Perkins Caufield & Byers is also an investor.
In 2010, a tool was added to the website to get an instant trade-in offer.
In August 2016, Cox Automotive bought out News Corp Australia's 55% stake in CarsGuide, forming the new automotive venture, Cox Automotive Australia. This eventually led to the launch of the Autotrader.com.au website in October 2018, alongside the Australian arm of Kelley Blue Book. In May 2020, eBay Classifieds group acquired Cox Media, which is the subsidiary of Cox Automotive that runs Australian Autotrader.
From Wikipedia’s article on Autotrader.com, shared under CC BY-SA 4.0.4