![]() I’m not sure what else you need to know about the car other than it’s got a six-speed manual transmission and a hair under 12,000 miles on it. I like to think the owner had fun with it, used it as their second car, and then dumped it when they realized that Carvana would pay them more than what they paid for the car and is just counting the days until they can buy it back for pennies on the dollar. Someone bought an M2 last year and then got rid of it quickly. Here are a couple interesting cars my colleagues and I found: $63,990 BMW M2 Manual: Matt Hardigree ![]() It’s also possible that Carvana goes into a tailspin and the used car market suddenly craters. It’s quite possible Carvana doesn’t lower its prices even if it goes into bankruptcy, as used cars are still valuable. Taking advantage of the dearth of used and new cars due to the pandemic/supply chain, Carvana made offers for cars that seemed crazy and then turned around and sold/financed those to their customers. And if the wheels are off the deals are on, folks! Let’s jump into Carvana’s listings to see what cars we should stalk in the event they have to off-load inventory.įor all its many woes (there’s a good Reddit thread where someone claiming to be an ex-employee details rampant theft and waste at the company’s stores, though it’s not possible to verify those claims), Carvana has a great search feature. The company may not being going bankrupt tomorrow, but the wheels appear to be coming off the wagon. ![]() We’ve reported on the lawsuits and slumping stock price, but a Bloomberg piece from yesterday about the company’s creditors teaming up ahead of a potential debt restructuring deal has led the stock to crater. Carvana, the chain of used car dealerships that distribute vehicles through giant vending machines powered by questionable loans and pure economic hopium, isn’t having the best month. ![]()
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