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The article kind of dismisses carvana because their profit per unit is low compared to the rest. But, carvana's model is the future. I don't know what their financials are like, but if they are surviving on $902 profit per unit then they have the potential to surpass carmax and be the walmart of used cars... low profit per unit, but huge volume.



Carvana is losing lots of money according to original article. Their model is thus unproven.




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