sound-of-impact t1_j9co4jx wrote on February 20, 2023 at 11:15 PM Reply to comment by DYTTIGAF in Just want to get to the carvana earnings s*** show by rocket_man19 >The Federal Reserve is getting ready to raise rates again in June. Carvana's models worked at 2% interest rates. They don't work at 11%. > >Carvana is dead. Simple. 15+ year auto loans. 🚀 Permalink Parent 9
sound-of-impact t1_j5ekpdj wrote on January 22, 2023 at 1:02 PM Reply to comment by DisconnectedDays in The dichotomy of FT by Johs92 People are going to forget about how bad 08 was when this pops. Permalink Parent 26
sound-of-impact t1_j9co4jx wrote
Reply to comment by DYTTIGAF in Just want to get to the carvana earnings s*** show by rocket_man19
>The Federal Reserve is getting ready to raise rates again in June. Carvana's models worked at 2% interest rates. They don't work at 11%. > >Carvana is dead.
Simple. 15+ year auto loans. 🚀