As new electric vehicle brands like Scout and Slate search for alternatives to franchise auto dealers, America’s largest online auto retailer is quietly positioning itself to become the future of automotive retail.
Earlier this week, online auto retailing giant Carvana was given a green light to buy shares in Jeff Bezos-backed Slate – and the timing is notable.
While dealer groups across the country continue to challenge direct-sales models used by companies like Tesla and Scout in court, manufacturers are still looking for a way to market, finance, deliver, and service their vehicles at scale in a way that cuts the dealers (and their stupid pricing games) out of the picture.
Carvana already does all of those things. And whether or not this was part of the plan, the fact remains that as the company continues to buy up more and more dealers, it is effectively eliminating their ability to object to those deals.
Hear me out
