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by ryankupyn 1769 days ago
I think it'd be risky for Carvana if they tried "cornering the market" on used cars - unlike houses, used cars fall in price pretty quickly and new-car production has the potential to increase as car manufacturers respond in a way that housing production does not. If Carvana buys up all the inventory to drive up prices they'll need a plan to unload as well - while keeping prices high.