Value through innovation: Key takeaways from the 2021 Auto Finance Industry Leaders Strategic Plan
In today's connected world, we are notified when our Amazon order is only three stops away, and then receive a text ...
Tag: Carvana
High buyback values create silver lining for lenders
COVID-19 has turned the auto finance industry on its head, not to mention the adage that a car loses 30% of its ...
Carvana upsizes floorplan facility amid booming sales, originations
Online used-car retailer Carvana increased its floorplan facility July 1 on the coattails of increasing sales and origination volume, and ...
Weekly Wrap: Can e-commerce momentum continue?
Last week, the Auto Finance News team rounded out the last of first-quarter earnings results from online retailers Carvana, Vroom ...
Carvana sees 114% YoY jump in gross profit in Q1, expands credit facility
Online car retailer Carvana is expanding the company’s revolving credit facility on the heels of climbing gross profit per unit ...
Carvana injects $881M into ABS market with two deals
Carvana has made its entry into the capital markets for the first time in this year with two deals totaling ...
Carvana enjoys Q4 hike in finance GPU, origination volume
Online car retailer Carvana saw soaring finance gross profit per unit (GPU) and origination volume during the COVID-19 pandemic, fueled ...
Watch: What will it take to prop up subprime auto originations?
Subprime origination volume in the third quarter of 2020 continues to lag behind 2019 levels, driven by tightened credit boxes ...
