Thread
:
Carvana Stock Tanks Fear of Bankruptcy
View Single Post
#
13
12-07-2022, 01:22 PM
BobbyJones
Senior Member
Join Date: Sep 2009
Posts: 2,343
Quote:
Originally Posted by
verticaldoug
.
Their expense base is too high @ 4,500 / vehicle for SG&A. Add the cost of acquiring the vehicle, and the math doesn't work.
“We’ll make it up in volume!”
BobbyJones
View Public Profile
Find all posts by BobbyJones