Report post

When will Carvana deliver my car?

Carvana tells NBC 5 it will deliver all cars that were sold prior to July 18, or the date when the latest suspension order took effect. A company spokesperson also told NBC 5 it will defend its modern approach to selling used cars online.

Does Carvana own drivetime?

Carvana purchased thousands of cars from DriveTime to meet surging customer demand during the pandemic, and failed to disclose that the younger Garcia owned a significant stake in DriveTime and other companies that supply services to Carvana, the Wall Street Journal reported in December.

What happened to Carvana?

What Happened: Carvana said first-quarter revenue fell 25% year-over-year to $2.61 billion, partly due to an internal focus on profitability. The company's top-line results beat estimates of $2.6 billion. Carvana reported a quarterly loss of $1.51 per share, which beat estimates for a loss of $2 per share.

Related articles

The World's Leading Crypto Trading Platform

Get my welcome gifts