Some start-ups fail, some succeed. The economy picks up the pieces and moves onto the next thing.Regarding car sales, one thing the pandemic showed was how willing people are to be done with the "car dealer" model. Some aspects of Carvana's model might be embraced by firms like CarMax. They have an existing no-haggle, low friction, "we service your used car" approach, yet they don't invest in expensive, gimmicky real estate tricks.I'm reasonably sure that people are happy to look at cars online, and even make a short drive to see it in person. If CarMax (or any auto dealer) wants to move to a more Carvana like approach, it's not all that difficult to have employees deliver a car to a residence ... they can have someone else follow them or just get a ride share back to work if the customer takes the car.

Some start-ups fail, some succeed. The economy picks up the pieces and moves onto the next thing.Regarding car sales, one thing the pandemic showed was how willing people are to be done with the "car dealer" model. Some aspects of Carvana's model might be embraced by firms like CarMax. They have an existing no-haggle, low friction, "we service your used car" approach, yet they don't invest in expensive, gimmicky real estate tricks.I'm reasonably sure that people are happy to look at cars online, and even make a short drive to see it in person. If CarMax (or any auto dealer) wants to move to a more Carvana like approach, it's not all that difficult to have employees deliver a car to a residence ... they can have someone else follow them or just get a ride share back to work if the customer takes the car.

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