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18/11/2022 10:39 am
Topic starter
This isn’t all too surprising and I suspect we will see more of this with other online dealers (like Vroom, etc.)
https://www.autoblog.com/2022/11/18/carvana-stock-holders-uncertainty/
2 Answers
3
18/11/2022 10:45 am
We can always hope. It will no doubt disappoint a lot of people looking for an easy way to dump bad cars.
1
18/11/2022 1:07 pm
I foresee several possibilities.
1) Carvana will be bought out by a rival, and they continue using the Carvana name and branding.
2) Carvana will be bought out by a rival and dismantled and scoured for inventory at the cheap.
3) Bankruptcy liquidation.