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VROOM IS BUST

Discussion in 'Car Hauler and Auto Carrier Trucking Forum' started by justcarhaulin, Jan 31, 2024.

  1. Jan 31, 2024 #1
    justcarhaulin

    justcarhaulin Light Load Member

    147
    231
    Jul 20, 2015
    0
    Am sitting here in Houston at the vroom location. They have gone out of business. I'll be picking up tomorrow morning. Apparently carvana bought alot of their inventory. They were at one point value at $2 billion plus. Crazy. I think carvana is next
     
    justcarhaulin, Jan 31, 2024
    justcarhaulin, Jan 31, 2024
    #1
    buddyd157, Grumppy, bzinger and 1 other person Thank this.
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  3. Jan 31, 2024 #2
    cuzzin it

    cuzzin it Road Train Member

    2,978
    5,097
    Jan 19, 2008
    Berea, KY
    0
    I always wondered why someone would buy a car sight unseen... that being said, I think Carvana will probably follow and bankrupt
     
    cuzzin it, Jan 31, 2024
    cuzzin it, Jan 31, 2024
    #2
    buddyd157 Thanks this.
  4. Feb 1, 2024 #3
    Carbot

    Carbot Bobtail Member

    29
    17
    Oct 24, 2023
    0
    Probably 75% of auctions sales are online.
     
    Carbot, Feb 1, 2024
    Carbot, Feb 1, 2024
    #3
  5. Feb 1, 2024 #4
    Carbot

    Carbot Bobtail Member

    29
    17
    Oct 24, 2023
    0
    I think half small car lots would technically be considered bankrupt at this point .
     
    Carbot, Feb 1, 2024
    Carbot, Feb 1, 2024
    #4
  7. Feb 5, 2024 #5
    Kozakvod

    Kozakvod Medium Load Member

    384
    602
    Jan 24, 2013
    0
    The most ridiculous thing Ive seen is a company like Carvana buying Adesa Auctions. Problem in our country, people not staying in their lane and it’ll probably end up costing Carvana their entire operations.
     
    Kozakvod, Feb 5, 2024
    Kozakvod, Feb 5, 2024
    #5
    Otr Traveler and justcarhaulin Thank this.
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