
The 42% Rise in Used-Car Prices
Barron's Streetwise
00:00
Carvana's Long Term Prognosis
Carvana marks up cars and resells them, so it can profit whether prices are high or low to start with. Wall street still doesn't expect it to be profitable on a net basis for the full year this year or next. But combination of strong gross profit and fast growth is an excellent sign for future net profits.
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