Carvana: Significant Growth Potential in the Fragmented Used Car Market

Carvana offers an e-commerce platform for buying and selling used cars. Carvana's expansion in the area of reconditioning facilities and higher wholesale and retail margins drive sustainable GPU growth while offsetting concerns about lending. With a market share of only about 2%, Carvana has significant growth potential in the fragmented used car market. Carvana (NYSE: CVNA) has disrupted the traditional used car sales model with its full online purchasing experience and speedy vehicle delivery service. The company’s vertically integrated...