Carvana is an online vehicle retailer that sells used cars, trucks and SUVs. Customers can browse its vast inventory, purchase a car with cash, receive financing or trade in their existing vehicles.

Carvana’s road to recovery. Since its IPO in 2017, Carvana’s journey has been turbulent. After reaching a stock price peak of $370 in 2021, the company faced plummeting used-vehicle prices and ...

Why does Carvana want your used car now? CarMax is boosting its inventory of newer pre-owned vehicles to capitalize on the evolving used car market. Tariffs could cause skyrocketing demand for ...

After a big slowdown in unit volumes last year, Carvana has been able to return back to brisk growth in 2024. In the first quarter, retail volumes rose 16% year over year to 91,878, and in the ...

Group 1 is a major car dealer, with a relatively cheap valuation, that sells new and used cars at 330 franchises. It’s a big new-car seller, which could hurt in high tariffs, but 25% of its ...

Last week, Carvana reported record results for the first three months of the year, with profits of $373 million, up from $49 million a year earlier. It sold 133,898 used vehicles, 46 percent more ...