Carvana renews loan sale deal with lender Ally Financial amid short report scrutiny

The filing, made by Carvana, came after short-selling firm Hindenburg Research suggested Ally was concerned about the credit quality of Carvana’s finance receivables. (PHILIP NUSSEL/AUTOMOTIVE NEWS)

Last Updated

January 07, 2025 06:14 PM

Used-vehicle retailer Carvana Co. and Ally Financial renewed an agreement for the lender to purchase up to $4 billion in used-vehicle loan receivables through the start of 2026, according to a Jan. 6 regulatory filing.

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