Carvana is a used car co that buys Used car inventory on own balance sheet, refurbishes and then sells to typically subprime buyers. They also give financing and then selldown those loans to investors of subprime loans.
Cartrade is not at all a similar business. CT runs new car research and discovery website and makes its revenues from ad sales and dealer leads. They also own Samil which is a used car yard business.
Recovery in Carvana has nothing to do with cartrade.
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