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Carvana originations rise 54% as sales climb 

Retail sales increased 38% YoY 

Amanda Harris

Carvana‘s originations jumped in the second quarter as retail sales grew on the heels of the company’s expansion into new cars.  Originations totaled $4.8 billion, up 54% year over year and 11.7% quarter over quarter, according to an Auto Finance News analysis of the retailer’s July 29 letter to shareholders. Finance receivables held for sale totaled $921 million, up 20.1% YoY but down 6.2% […]

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