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@ Yahoo! Finance - by layer3.news
2025-05-07 07:56:09
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✍️ Carvana, an online used car platform, is buying used cars from consumers in anticipation of a shift in the used car market due to tariffs.
👉 Carvana is buying used cars from consumers in anticipation of a shift in the used car market due to tariffs.
👉 The company is increasing its inventory of used cars to capitalize on the potential surge in demand and prices.
👉 Carvana's business model involves buying used cars at a low price and selling them for a profit.
👉 Consumers can sell their used cars to Carvana quickly and conveniently, without having to go through a traditional dealership.
#business
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