The Used Car Bubble JUST Popped

"the used car bubble has finally popped"

"we are finally going to get some sweet car deals next year"

"if they do go bankrupt and disappear you might never see your title"

"if they can't raise money soon they're estimated to run out before the end of 2023."

"things could get ugly really fast... you might get a much better deal really really soon"

"the point is carvana's running out of money"

"they'll be forced to sell off more of their cards... if carvana actually fails then there'll be a huge drop in consumer confidence and the illusion that dealerships have built up that used cars still have pent-up demand will eventually break"

"those companies are not dealerships they have zero incentive to wait and to slowly trickle those cars onto the market they would want to sell and dump everything on the market ASAP to get their money out fast"

"if carvana goes out of business or it continues to be squeezed then they'll be forced to sell off more of their cards"

"the rest of their business strategy relies on losing even more money just to gain market share which is obviously a strategy that is not working"