After explosive growth during the pandemic, Carvana is likely a familiar name. Carvana offered a safe option for buying a vehicle. Despite its growth in the past couple of years, Carvana just reported a huge loss for the first quarter of 2022.
Carvana stocks have plummeted over 70 percent since this time last year and the company posted a first quarter loss of over $500 million. Click here to find out why!
A Denver, Colo., resident recently reported that he bought a car from Carvana that turned out to be stolen. However, he soon found out there was much more to it than that.
Carvana, the online, used car sales dealership that promises its customers delivery to the door, no hidden fees, and certified inspected vehicles, faces fines, fees, and license suspension in Florida.