carvana co.

CVNA

Close Chg Chg %
75.60 -0.33 -0.44%

Closed Market

75.27

-0.33 (0.44%)

Volume: 2.86M

Last Updated:

Apr 24, 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.