#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
00:00
The Transition to Carvana
We have this asset which was effectively we had built all these tools that scrape the auction sites. That could pull in exact details about each of the events. And so one of the things about consumers buying online is like a lot of our consumers were buying $30,000 plus luxury cars. So you had to get a sales guy off the street to be able to do all this without actually knowing each and every car in full intimacy. We ended up talking to Carvana in like early 2017 before their IPO.
Transcript
Play full episode
