Used Cars

Auto Industry
Used Cars

Carvana Stock Rout Hits 97% This Year With Used-Car Prices Crumble

(Bloomberg) — Online car dealer Carvana Co.’s shares are careening toward an all-time low as investors grow more concerned about the continuing decline in used-vehicle prices. The price of the company’s stock fell as much as 12% to $7.06, on pace to close at a record low. Carvana, which was once touted as a disruptor […]

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