carvana co.

CVNA

Close Chg Chg %
128.89 0.97 0.75%

Open Market

129.86

+0.97 (0.75%)

Volume: 1.52M

Last Updated:

Jul 23, 2024, 1:31 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.