Carvana Is a Great Business (But a Terrible Investment)

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The Street

By Daniel Kline The used car lesson teaches an important less about investing and the stock market. I’ll never buy a car from any business aside from Carvana (CVNA) – Get Carvana Co. Class A Report ever again. That’s how my wife and I have purchased our last three cars and it’s a delightful experience. In all three cases, we paid less money than we would have anywhere else, got a car in excellent condition, and experienced a simple delivery (even during the height of the pandemic. Carvana makes getting financing painless, offers a fair price for your trade-in, and basically makes the usually t…

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