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Message
re: Is Carvana about to go belly up?
Posted on 11/7/22 at 7:45 am to Witty_Username
Posted on 11/7/22 at 7:45 am to Witty_Username
quote:
they'll have to take the loss eventually, right?
IMO yes. Just postponing the pain
1
Posted on 11/7/22 at 5:08 pm to molsusports
I’ve been looking for a used car for the family travel vehicle. Don’t want anything huge as I suspect has prices will skyrocket after the election and this is a travel vehicle.
Found a 2019 GMC Terrain SLT with under 40k miles for $24,312 and it’s been on the lot for 6 months. After research they first priced it at $32,500 in April. I’m considering lowballing just to see if they want to move it.
I can’t imagine the bath used dealers are going to take with aging cars they bought when the wholesale market was sky high.
Found a 2019 GMC Terrain SLT with under 40k miles for $24,312 and it’s been on the lot for 6 months. After research they first priced it at $32,500 in April. I’m considering lowballing just to see if they want to move it.
I can’t imagine the bath used dealers are going to take with aging cars they bought when the wholesale market was sky high.
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