PR & News Make It or Break It for Carvana??
- Thread starter Jeff Kershner
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- Feb 5, 2019
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- Colin
That was my natural guess to but Amazon has got too much going on with Anti-trust
- Apr 7, 2009
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- Joe
Carvana is a dozen raging dumpster fires. No one outside of auto will acquire them.
- Selling profitably will require a total biz reset
- No Inventory buying discipline.
- Title mayhem ruining reputation.
- Paid $2billion for Adesa (adding to internal mayhem).
- and on and on...
- Dec 2, 2009
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- John
I wonder if the mega dealers have an interest... that'd be interesting: Carmax or AutoNation; Penske or Sonic. Blend what's valuable about the digital platform with their existing abilities to build bridges with customers (enhance the dealership vs. trying to replace it). Although, I imagine it'd have to get a whole lot cheaper.
The major rental agencies might have an interest... Hertzvana. Kinda catchy...
The major rental agencies might have an interest... Hertzvana. Kinda catchy...
- May 1, 2006
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- Alex
- Apr 7, 2009
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Lets say you bought $10,000 of Carvana on it's 1st day trading (IPO day).
- Mar 21, 2012
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Carvana might be losing on the stock market, but they're handily beating GM's CarBravo on Google.
- Apr 7, 2009
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View: https://twitter.com/JasonXCHartman/status/1592494914147057664?s=20&t=SWRxunynsq4Q2h-tHquHYA
CVNA has shut off the buying faucet and ended it's Dealer Partner program. From CVNA's POV, stopping new buying could be
(1) a way to reduce aged inventory --because the new units are so much cheaper--
(2) CVNA's algo could see a significant drop in internet shopper demand.
(3) all of the above
