Carvana stock price falls as used car values sink

used car prices

Shares of used car marketplace Carvana continued to plummet Monday, falling over 50% over the past two trading days, following a volatile downward trend that began after the company shared third-quarter results Thursday. Shares dropped 15% Monday to close the day at $7.39 a share, continuing a downward trajectory that began on Friday, when the…

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Why Cars Are So Much More Expensive Today

Have you gone to check out car prices recently and found yourself surprised by the universally high prices? You wouldn’t be the only one! The fact of the matter is that cars today tend to be more expensive than before – even accounting for market fluctuations. Supply Chain Issues In the wake of the pandemic,…

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An Introduction to eCommerce for Car Dealers

As a car dealership owner or supervisor, you are tasked with not only bringing in high revenues every month but providing an excellent customer experience. However, you may have noticed that year after year those numbers are becoming smaller, and yes there’s a reason for that. Today’s consumer wants to research their vehicle choices for…

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Tips for Driving Safely Around Semi-Trucks

Accidents involving semi-trucks are extremely dangerous situations. The average minimum weight of a semi-truck is 80,000 pounds, so driving safely around them is extra important. Here are a few safety tips you should follow when driving near a semi-truck so you can make sure that you and your passengers can stay safe. Understand the Challenges…

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What Are the Benefits of Buying an Electric Vehicle?

Part of shopping for a new car is deciding the make and model you want, but you also have the option of purchasing a traditional gas-powered vehicle or a new up-and-coming electric car. If you are considering the latter, here are some considerations to help you make the right choice for you. Skip The Gas…

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Cars and Coffee

Cars and Coffee

We take pride in carefully storing our fine automobiles under specially designed covers in climate-controlled garages, and we very much enjoy taking them out on the open road, but more than anything, we love sharing the results of the significant investments we’ve made in sweat and treasure with other like-minded enthusiasts. Who are we? We…

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5 Safest Cars on the Market

Driver safety has been a concern since the first four wheels hit the rutted road. Today’s cars are safer than ever and better equipped to handle accidents as well as avoid them all together. According to Abels & Annes, “Roughly one quarter of all passenger vehicle occupant accident fatalities in the United States occur from…

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What’s Causing The Decline in Vehicle Deaths?

When it comes to accidental deaths in the United States, traffic fatalities normally rank right up there with slips and falls, but a decline in recent years indicates we’re far more likely to survive a traffic accident than ever before. Last year, the total number of traffic accident-related deaths fell by another 3% and established…

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