Quote:
Originally Posted by husam2012
IMO the market is definitely about to pop. Carvana just reported that sales are slowing down a lot. Interest rates are about to skyrocket and houses are sitting a lot longer than they use to a few months ago.
I just sold my 2011 sport for 23k to Carvana, my 2019 Nismo to a FB buyer, and bought a 370z from the auction for $6k delivered with a blown engine(140k on the car). Swapped a motor in and did all the modifications I like on these cars for track duty and I'm still under 10k. Also got a 2010 GTR with the difference between the 2 sales lol
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Carvana lost their backside as they lost $500 MILLION, not exactly a small chunk of money, but they have enough investors that will unfortunately keep that crap business going, and Vroom…. Their stocks are down 99% after the Texas Attorney General all but sued them out of existence…