The Expert Podcast

• Background on Carvana’s Troubles:
  • A few years ago, we reported extensively on Carvana's issues, including criminal accusations and major title problems.
  • Clients frequently reported title delays and unresolved issues.
  • Questions arose regarding Carvana's accounting practices and financial stability, sparking concerns about their ability to stay in business.
• Alleged Financial Recovery:
  • Carvana appeared to turn things around after acquiring Adesa, an auction company, and restructuring their finances.
  • Their stock prices improved, and the company seemed stable for a time, causing the issues to fade from public attention.
• Recent Revelations:
  • A report by Hindenburg Research accuses Carvana of accounting manipulation and questionable practices.
  • Allegations include $800 million in loan sales to an undisclosed related party and temporary income growth due to lack of proper underwriting.
  • The report suggests Carvana's financial turnaround may have been an illusion, supported by extensive document reviews and 49 interviews.
• Reflections and Future Concerns:
  • Our earlier skepticism about Carvana's sudden recovery may have been justified.
  • While Hindenburg Research has a financial interest as short sellers, the findings are concerning.
  • The report raises broader questions about Carvana's long-term viability and whether these issues will impact customers.

• Share your experiences with Carvana or any title-related issues you’ve faced with dealerships.
• Explore other videos on our channel for more insights and solutions to related problems.

• Visit actualhuman.com for one-on-one video consultations with experts who can guide you through title problems or related issues.