Online car buying is booming, according to this auto dealer

More mobile consumers after getting a COVID-19 vaccine hasn’t slowed the online car buying boom that the pandemic helped create.

At least that’s a takeaway from the second quarter earnings out of online car-selling leader Carvana (CVNA).

Carvana said Thursday evening that it sold 107,815 retail units in the second quarter, up 96% from a year ago. It marked the company’s first time selling over 100,000 units. The company saw a record level of gross profit per unit. Some $45 million in net…


Source link

About search

Check Also

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *