Buy a car from a vending machine?

[Nater Potater]

I wouldn’t run out and invest in Carvana stock. Millennials don’t buy cars or houses. Just sayin.

Just found this thread. If you look at their stock when @El Capitan mentioned this, you could have bought the stock for around $87, then sold a year and a half later for $360! Today, it closed at $8.96.

 

[El Capitan]

Just found this thread. If you look at their stock when @El Capitan mentioned this, you could have bought the stock for around $87, then sold a year and a half later for $360! Today, it closed at $8.96.
View attachment 143894

coulda shoulda woulda. Many armchair quarterbacks lost their asses pretending to be traders. The Carvana business model was flawed starting with their premise of disrupting and replacing traditional brick and mortar dealerships.

Now look at their financials and debt.

 

[JayhawkCurtis]

Just found this thread. If you look at their stock when @El Capitan mentioned this, you could have bought the stock for around $87, then sold a year and a half later for $360! Today, it closed at $8.96.
View attachment 143894

Im glad I never heard of that company, I would have bought at 360 and held it to the bottom, thats how I roll.

 

[sbw1]

I miss the old days when every individual component was an option and you spent 5 hours at dealer with a salesman designing exactly the car you wanted. None of this bundled package crap.
Want a outside mirror on left but not on right?
Want ‘those’ wheels not ‘these’ wheels?
Which engine? Choose among 6.
I want this color car, but this color seats, and that color carpeting!
My first new car was a 76 Cutlass, went with my dad, spent most of the day designing that car.
I miss that.

Buy a Porsche. The options are so varied, you almost never see two cars of the same model that are the same.

 

[Nater Potater]

Im glad I never heard of that company, I would have bought at 360 and held it to the bottom, thats how I roll.

We must have gone to the same school!