Carvana Co is an e-commerce platform for buying and selling used cars. The company derives revenue from used vehicle sales, wholesale vehicle sales and other sales and revenues. The other sales and revenues include sales of loans originated and sold in securitization transactions or to financing partners, commissions received on VSCs and sales of GAP waiver coverage. The foundation of the business is retail vehicle unit sales. This drives the majority of the revenue and allows the company to capture additional revenue streams associated with financing, VSCs, auto insurance and GAP waiver coverage, as well as trade-in vehicles.
The current price of Carvana Co in the market is āļŋ11,545.29, with a 24-hour trading volume of āļŋ24.48B. The asset's market cap is āļŋ1.65T, after moving 6.83% in the last day.
Tokenized Carvana Co is trading at āļŋ11,438.86, with a tokenized market cap of āļŋ154.99K and a 24-hour trading volume of āļŋ28.4M. The tokenized asset has moved 12.35% in the past 24 hours.