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Home » Vroom e-commerce finance profit soars 56%  

Vroom e-commerce finance profit soars 56%  

E-commerce units sold fell 67% YoY in Q3 

Amanda HarrisbyAmanda Harris
November 9, 2022
in Earnings
Reading Time: 2 mins read
0
vroom app on mobile phone

Photographer: Gabby Jones/Bloomberg

Vroom’s finance and insurance profit jumped 56% year over year in the third quarter driven by United Auto Credit Corporation (UACC)-sourced financing, even as sales fell nearly 70% YoY.  Total e-commerce GPU in Q3 clocked in at a record $4,206, an increase of 15.9% sequentially and up 64.3% YoY driven by a 55.7% YoY jump […]

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Tags: Digital car-buyinge-commercePremiumUnited Auto CreditVroom
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