Our most recent free $CVNA post outlines unit sales trends through Thanksgiving and a possible return growth as we saw the best YoY weekly sales comps of 2023 and potential positive YoY comps going into December. Read now at Alternativealpha.io

Our $CVNA data has them with positive year over year weekly unit growth for 5 of the past 6 weeks and they are on track to grow sequentially QoQ and potentially YoY in Q1 of 2024

Our final tally of $VRM inventory was around ~3600 vehicles. It appears they may have started liquidating inventory as early as 1/11. Weekly sales had declined into late Q4 to ~60-70 per day. The net effect on car prices is likely extremely minimal given the small volume.

Despite recent market wide trends, our $CVNA data has them likely growing unit sales double digits in 1Q24 with stable ASP's and improving underlying metrics.

Ahead of Q4 $CVNA earnings we expect units in the range of ~76-77k and ASP of around $23,500. ASP's were remarkably stable during the quarter despite industry wide trends and CVNA's pricing power expanded over the quarter. Q1 thus far is a marked acceleration YoY and QoQ.

The day of $CVNA earnings last week saw the highest new vehicle orders we've seen since we started tracking in 2022.

Last week $CVNA saw the highest unit sales in the past ~18 months as weekly sales jumped above 8,000. Tax season looks to be continuing the outperformance YoY we saw earlier in the quarter.

Our $CVNA data showed a significant acceleration to Q1 bringing unit growth meaningfully above curent guidance and expectations. This is also unusual given late March tends to taper out for a lower Q2 start in April, but that doesn't seem to be happening this year so far.

Our $CVNA data indicates that Q1 unit sales were in the realm of 91-92k units, +13% YoY and higher than any quarter in 2023 while boasting higher ASP's QoQ The trend has continued into Q2 which is currently up 30% YoY QTD and potentially breaking into 6 digits for unit sales.

Our $CVNA data saw a new high in weekly sales for the quarter last week, with implied overall volumes for Q2 very close to breaking out above 100k. The additional volume does not appear to be coming due to price cuts either.

With $CVNA continuing to see orders and inventory ramping up through last week to new quarterly highs, we're sharing a one time sample of our subscriber report tracking. Head to alternativealpha.io to read more as CVNA sets themselves up for continued growth.

New blog post up (link in bio) detailing Q2 earnings forecast competition and plans to do more single stock write ups in the near future. If you'd like to get paid to forecast (including 3 Alternative Alpha comp'd subs for winners) here's a link: clarity-markets.com/predict

Per our $CVNA data, Carvana ended Q4 listing >12,000 new vehicles per week, up ~100% YoY, with sales ending Q4 up 53% YoY. Are Hindenburg Research claims of the turnaround being a "mirage" true?

$CVNA vehicle orders hit new all time highs last week. Our early estimate for Q1 units is in the realm of ~140k or ~50% YoY growth vs single digit growth for competitor $KMX