Carvana Co at Stephens NASH Investment Conference (Virtual) Transcript
Great. Thanks, everybody, for joining us this morning. Hope you're safe and healthy in whatever locations you happen to be in today. I'm Rick Nelson. I cover the car dealers, automotive retailers, online-only for Stephens. This is the fireside chat with Carvana. Super excited to have with us Mike Levin, who is VP, Investor Relations. (Operator Instructions)
I thought the best way to start this, for people that were not familiar with Carvana, although there's fewer and fewer of those every day that passes, but I ask Mike if he could give an overview of Carvana's business model, the value proposition and how they frame up the growth opportunity in the used car market.
Sure. Thanks, Rick, for having us, and thanks, everybody, for joining in today.
So Carvana was basically created to create a better way to buy a car. And essentially, we think what's been at root of the relatively poor experiences in automotive retail for decades is you have 40
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