#6 Carvana’s secret sauce, what’s next for auto lenders, pros/cons of credit unions | Chris Coleman, Co-Founder of WithClutch
Car Dealership Guy Podcast
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The Transition From Car Lips to Carvana
CNN's John Defterios talks about the transition from car lips to credit unions. He says Carvana started with a peer-to-peer model, but that didn't scale and so they tried direct sale cars through auctions. They say one of their employees still has PTSD from answering phone calls like he won't answer a call anymore.
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