In Practise Logo
In Practise Logo - Blue
In Practise Logo
IP Interview
Published March 13, 2021

Carvana, America's Car-Mart, & Auto Subprime Financing

KMXCarMaxVRMVroomCRMTAmericas CarMartCVNACarvana
Executive Bio

Ed McDaniel

CEO of Holmes Motors

Why is this interview interesting?

  • Comparison of Carvana and deep subprime dealers’ customer type
  • How Carvana accounts for LTV
  • Core drivers for loan losses in auto financing
  • The subprime financing customer journey for BHPH dealers
  • Why Carvana’s net cumulative subprime losses are so low
  • Advantages of America’s Car-Mar vertically integrated business model
  • How Carvana and legacy dealers can compete with online models

Interview Transcript

Disclaimer: This interview is for informational purposes only and should not be relied upon as a basis for investment decisions. In Practise is an independent publisher and all opinions expressed by guests are solely their own opinions and do not reflect the opinion of In Practise.

This is a snippet of the transcript.to get full access.

Free Sample of 50+ Interviews

Sign up to test our content quality with a free sample of 50+ interviews.

Or contact sales for full access
Already have an account? Sign in

Related Content

American Credit Acceptance: POS-Driven Subprime Auto Lending & Unit Economics

Former Head of a Specialty Finance Division at a U.S. Subprime Auto Lender

Auto1 Group: European Used Car Retail Economics

Former Managing Director at Auto1

CarMax: Recon Rigidity & Digital Gap vs Carvana

Former Digital Merchandising Executive at CarMax

Carvana: Root & Embedded Insurance Moat

Former Senior Executive at Root

© 2024 In Practise. All rights reserved. This material is for informational purposes only and should not be considered as investment advice.