Comment by DrWumbo

I'm curious how long a local small business used car dealership could last if it was unprofitable. This seems like another example of how technology doesn't 'disrupt' markets via savvy new ways of operating, so much as injecting venture capital and loss leading disrupts markets. I know car dealers that were struggling to maintain inventory during the pandemic because Carvana was driving up the price of cars at the auctions. It's a shame because it's big investors taking that inventory out of the hands of small businesses only to turn around and sell the car at a loss.