IP InterviewPublished November 30, 2020
Carvana, KAR Auction, & The Used Car Ecosystem
inpractise.com/articles/used-car-ecosystem-cvna-kar
Executive Bio
Joseph Bannon
Former Vice President of Strategy & Marketing at KAR Global
Why is this interview interesting?
- How the type of inventory and residual value defines the sales channel
- How grounding dealers vs institutions sell off-lease vehicles
- Link between the vehicle residual value and the distribution channel
- Challenges for KAR and Manheim shifting online
- Opportunity for Carvana to source new types of inventory
- Evolution of Carvana and the power of scale
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.
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