carvana co.

CVNA

Close Chg Chg %
124.00 8.73 7.04%

Closed Market

132.73

+8.73 (7.04%)

Volume: 4.20M

Last Updated:

Jul 26, 2024, 3:59 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.