Automotive finance is an extremely big market and has historically been a rather lucrative room. The industry is believed to possess significantly more than $1 trillion in outstanding receivables in the final end of 2018. Carvana’s vertically integrated auto financing model is increasing old-fashioned car funding and unlocking significant incremental revenue possibilities.
In automobile financing you can find three players that come together to invest in a motor vehicle:
- 1. Dealers: get the customers, make sure automobile quality, and arrange loan information for lenders. (mer…)