No. of Recommendations: 1
I see Vroom is out for the count:
Vroom, the once-mighty Carvana competitor, will wind down its used-car business
msn.com - Vroom the once mighty carvana competitor will wind down its used car business"Vroom Inc., once valued at a heady $2.5 billion, said Monday it is winding down its online used-car sales business in order to preserve liquidity, as its market cap has dwindled to less than $100 million."
Tough business, lots of competition.
What I can't understand about Car Max is if they really make "about $2200 per retail unit", why are their prices so high? I just bought two used cars, my boys passed their drive tests within a month of each other. Car Max prices were consistently $3k or more than the local guys for low mileage Mazda3s'.
Example:
https://www.carmax.com/car/250220842016 Mazda Mazda3 I Sport $17,998 52K miles
I paid $14,650 for a 2016 Mazda Mazda3 I Touring with 41k miles at a local Honda dealer. Great shape, one owner, clean Car Fax.
