Originally Posted by Sniper
Originally Posted by DaveRS23
Originally Posted by A990

Carvana seems to gravitate toward selling stolen cars. Due diligence is needed now more than ever.


Maybe not much longer: https://zacjohnson.com/is-carvana-going-out-of-business


Crappy, probably AI written, article.

Lots of nothing in it.


You must have missed this then troll;
'The recent announcement of Amazon entering the car-selling industry has sent shockwaves through the market, including its impact on Carvana and other online car sellers. The news of Amazon’s entry has caused a decline in the stock performance of online car sellers, raising concerns about the future of this industry segment.

As news spread about Amazon’s foray into the car-selling market, shares of online car sellers, including Carvana, witnessed a significant decline. This development has emphasized the level of competition and the potential disruption that Amazon’s entry brings to the table.

Carvana, being one of the prominent players in the online used car retail space, is likely to face intensified competition from Amazon. With its vast customer base, robust logistics network, and strong brand reputation, Amazon has the potential to reshape the industry dynamics and capture a significant portion of the market share.

The market’s reaction to Amazon’s entry will serve as a crucial barometer for Carvana’s future performance. As the industry adjusts to this new competition, Carvana and other online car sellers will need to adapt their strategies to differentiate themselves and provide unique value propositions to customers.


That doesn't seem like nothing to anyone that knows anything about the car business. So, thank you for showing your working knowledge on the subject.

And here's some hard financial numbers on Carvana from another source that reinforces the conclusions in the link that you can choke on while trying to find fault:

'Carvana has been struggling to sell cars acquired at elevated prices as buyers, hit by inflation and worried about a recession, cut spending. Carvana shares have lost 87% of their value in the past two years. The company's market capitalization is $7.5 billion, well below the $60 billion it commanded in 2021.'

wave



Master, again and still