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re: Is Carvana about to go belly up?

Posted on 11/4/22 at 10:50 pm to
Posted by Navajo61490
Baton rouge
Member since Dec 2011
6718 posts
Posted on 11/4/22 at 10:50 pm to
I wonder is the cost of cars/inflation on the middle class has anything to do with it
Posted by tiggerfan02 2021
HSV
Member since Jan 2021
2958 posts
Posted on 11/18/22 at 11:20 pm to
quote:

I wonder is the cost of cars/inflation on the middle class has anything to do with it




That and the fact that people are finally wising up to the fact that a lot of the crap CARVANA sells is just that.
Crap that has come out of rental fleets and is a rusty POS.

What a lot of people don't realize is the rental companies self insure and do their own body work in-house. No insurance claim=no CarFax report.
So you wind up with a beat up abused rental car that has a clean CarFax, but is a POS.
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