#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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How Carvana Built a Successful Valuation Model
Carvana has been tremendously successful at buying from public. Why is that why did it work so well Carvana? Carvana was spending on like it was a windfall of marketing dollars that they were already spending to sell cars. And as a result of that there was a natural windfall and people who wanted to sell their car and we're going there anyway. So the problem was different it wasn't finding marketing leads. The problem was actually monetizing the funnel.
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