Submitted by BIG_SHORT_KILLER t3_z7v6ot in wallstreetbets
[removed]
Submitted by BIG_SHORT_KILLER t3_z7v6ot in wallstreetbets
[removed]
First non regarded thing I've heard in a while. Carvana is aids. I bought a new car two weeks ago.
I had a 2016 Volkswagen Tiguan SEL with 74,000 miles on it for trade in.
This car is selling for $16,000-18,000 on dealer lots, I got offered $11,000 at the first dealership I went to and told them to kick rocks.
The second dealership I said if they offer me some lowball like 11k I'm walking out.
They gave me $14,000 for the car and we made a deal.
CARVANA OFFERED ME SOME INSANELY REGARDED AMOUNT LIKE $8900 OR SOMETHING
Imagine needing to buy a fucking car for 50% of what it could potentially sell for just to be able to lose money as a company anyways.
These people are like the money burning champions. Look at their fucking Financials.
You'd think they just buy cars and wreck them in demolition derby style races and not resell them they are so fucking miserable at everything they do.
That would require strategy
Same strat as AMC and Game
There was “we” with AMC and Game
Been talking about it pretty regularly on the daily talks
You want to short it now?
how about u eat my ASS
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Perhaps they have too much inventory, and taking paying you 14 for a car they’d sell at 16 just isn’t worth anyone’s time.
You're fucking regarded.
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