Earnings Season Shows Some Momentum for Online Car Platforms
CarGurus(CARG) PYMNTS·2024-03-15 02:40
Through the past several months, buying a car — used or new — has been, to put it mildly, out of reach.Inflation has run rampant. Loans themselves — where there were loans to be gotten — were expensive. And as detailed here, delinquencies have been on the rise.For many of the online platforms seeking to transform car buying, and financing across the ecosystem, the journey’s been a rough and rocky road. Yet earnings season shows that if the industry has not exactly turned a corner, then at least the engines ...