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BREAKING news! Carvana & Vroom is bleeding cash. Is Ecommerce in auto DOA?

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Dec 19, 2018
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Mar 21, 2012
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When they say "robust" trade-ins do they mean the quantity or the cost of acquiring them?
I'm guessing quantity, they increased their average inventory levels from 12,800 to 16,400 units. Will be interesting to see what happens next quarter.
 
Dec 19, 2018
165
170
Awards
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Bill
I'm guessing quantity, they increased their average inventory levels from 12,800 to 16,400 units. Will be interesting to see what happens next quarter.
So if they are "struggling" with it then the perception must be that they have too many?
 

Jeff Kershner

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May 1, 2005
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This is what is keeping me in check with my inventory levels. We can get inventory that we are able to sell for a profit. I just don't want a pile of it in case the market makes that swift change.

Same here by friend. Keeping it mean and lean.
 
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