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Started By
Message
re: Is Carvana about to go belly up?
Posted on 11/7/22 at 9:40 pm to hikingfan
Posted on 11/7/22 at 9:40 pm to hikingfan
I’m not surprised
I sold a car to them a few months ago for very good price and another to CarMax 2 weeks ago and the guy at car max said the prices were starting to fall.
He said new car inventory was starting to catch up to demand and that will hurt used car prices bigtime.
To verify, I went to 2 dealerships this weekend and both confirmed that they’re loading up on inventory. Their lots were full btw.
Carvana has other issues tho. Some financial question marks
I sold a car to them a few months ago for very good price and another to CarMax 2 weeks ago and the guy at car max said the prices were starting to fall.
He said new car inventory was starting to catch up to demand and that will hurt used car prices bigtime.
To verify, I went to 2 dealerships this weekend and both confirmed that they’re loading up on inventory. Their lots were full btw.
Carvana has other issues tho. Some financial question marks
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