2min chapter

Car Dealership Guy Podcast cover image

#5 Future of car-buying, will small dealers go extinct, investment opportunities in EV space | Steve Greenfield, Founder of Automotive Ventures

Car Dealership Guy Podcast

CHAPTER

The Carvana Experiment Past Tense

Carvana's market cap has gone decimated. But like you also mentioned a consumer demand is still there. So do you think that it's just the business model structurally did not work, but the consumer experience sticks around and dissipates throughout all the dealerships? Or do you think it's just altogether that type of consumer experience is just not sustainable? No, I think kudos to the Carvana team. They prove that there is demand for that kind of experience, right? It was always intuitive. And Amazon ask experience for car buying, you know, would get support from consumers. You know, if they didn't have to spend $400 million plus per year in marketing,.

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