Carvana origination volume jumps 116% YoY as it pads inventory
Other gross profit per unit, including finance and insurance, inched down QoQ
Online used-car retailer Carvana has propped up its origination volume as it works to combat industrywide inventory challenges by tweaking the number of vehicles it shows to consumers in search. Origination volume in the third quarter increased 115.8% year over year to $2 billion, bringing its nine-month total to $5.3 billion, according to an Auto […]
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