The Price Bubble is Popping (like my knees in spring)

[HybridNiroGuy]

Carvana stock is below $5 per share, $4.42 last I checked. Only a matter of time til Bankrupt.

Months and months and months away from being an issue

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[HybridNiroGuy]

Carvana stock is below $5 per share, $4.42 last I checked. Only a matter of time til Bankrupt.

Carvana offer just went up again

 

[Compuwhiz]

I had lunch near our local Carmax today, so I stopped in to see how their offer had changed since the last time I was there on August 21. Last visit my Maverick had 4,387 miles, and today it had 11,512 miles. No cosmetic changes except a bit more "road rash" on the front bumper/hood.

New offer was $34,000, compared with $39,000 before.

MSRP was $36,445 so this still isn't bad, comes out to ~22.5 cents per mile deprecation (not counting TTL fees).

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