Bleeding Cars

Amanda Gordon

Is Carvana really on the incline while losing millions?

Carvana Q4 Loss

 

Derrick Woolfson

I do not think they are doing as well as people are saying and/or on an incline. Rather investors are pouring in millions and millions of dollars. I could see them becoming a membership company. Where the customer pays a monthly fee to drive/select vehicles. 

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