carvana co.

CVNA

Close Chg Chg %
117.92 -0.39 -0.33%

Closed Market

117.53

-0.39 (0.33%)

Volume: 2.74M

Last Updated:

May 17, 2024, 4:00 PM EDT

Markets

Carvana's success rides on used-car loans

Online used-car dealer Carvana Co., known for its vehicle vending-machine towers, has a secret sauce to its business success: a way of handling car loans that turbocharges revenue.