this post was submitted on 03 Jan 2025
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Carvana Is Cooking Its Books, Hindenburg Research Claims (gizmodo.com)
submitted 1 month ago by GreenEngineering3475 to c/business
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The notorious short seller published a report titled “Carvana: A Father-Son Accounting Grift For The Ages.”

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[–] TommySoda 15 points 1 month ago (3 children)

I bought a car through them a few years ago during COVID but I'm still paying it off. I wonder what would happen if the company went under. People's loans and shit would probably just get picked up by other companies, right?

[–] PlantJam 3 points 1 month ago

Same. Based on the experience, I'll never set foot in a dealership again.

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