Rust & Dust
- Sep 9, 2014
- First Name
Just my opinion ---
This is a company chasing customer/unit growth at the exspense of profit, so they can shell game wallstreet. "Hey guys, look over here... we are growing units sold --- dont worry about all that red stuff on the financial"
Could not disagree more. It is Carvana taking a run at becoming a marketplace. If dealers acquiesce and decide to simply leverage Carvana's reach by listing cars on their site then they can slowly pull back their own inventory bought at auctions, only selling high margin inventory bought directly from customers.