Re:As Carvana crashes, used car dealers, not buyers, stand t...
by bsagdiyev on Monday December 12, 2022 @05:48AM
(#33953262)
Not sure why you were downvoted. They got their Raleigh (Wake County) license revoked for a while for selling cars with Virginia, South Carolina and Georgia titles IN North Carolina. Cars weren't passing basic safety inspection and sometimes they didn't even provide the title after months!
Transferring an out of state title in NC hits you with a road tax up to a defined upper limit ($400 I believe is the absolute highest) based on car value and state you transfer from, so they likely did this to avoid paying that sales tax themselves before selling the car. It's shady as hell.
I remember seeing the ads for them hiring delivery drivers and it amounted to "have a pulse? friendly? We'll train you to drive a large commercial vehicle and load/unload cars, wooo!"
If I remember correctly they were banned from car sales in multiple states, in some cases states banning them multiple times: https://www.google.com/search?q=carvana+banned+in+what+state...