To qualify for the tax credit, used vehicles must be priced at $25,000 or less and weigh under 14,000 pounds
This isn’t the first time Carvana has sold someone a stolen car or even the first time it’s done so this year
Carvana has revealed their ten best-selling electric vehicles and a number of them have been discontinued by their manufacturer
Officials in Texas wouldn’t renew the Toyota Corolla registration because of an inconsistency with its stated mileage
The buyer of the stolen crossover now wants $1 million and a public apology
As part of a settlement with the state, Carvana surrendered a $250,000 bond, admitted wrongdoing, and agreed to inspections
Thanks to an e-commerce exemption, Carvana will be able to use its Arizona license to sell cars online in Michigan
The used car retailers have all cut their advertising budgets over the last year
Carvana’s share price has plummeted from a high of $376 in August 2021 to just below $4
The locations, near Pittsburgh and Philadelphia, will still be able to sell vehicles, but won’t be able to file title and registration documentation
Shares fell as low as $6.50-apiece on Monday, down 97 percent from August 2021
Carvana maintains that the Secretary of State acted illegally when it suspended its license to sell cars in Novi, Michigan
Carvana has started a petition asking for consumer support in Michigan
Officials said Carvana committed fraudulent acts and violated the terms of a probation agreement 127 times
In a recent study, CarMax offered over $1,000 more than competitors for the same vehicle
Carvana filed a motion for a restraining order against the Secretary of State’s ruling
Carvana’s license to sell vehicles in Illinois had been reinstated in late May
Carvana’s license to sell vehicles in Illinois can still be suspended at any stage
