TO THE EDITOR:
Regarding "Carvana to lay off 2,500; executives to forgo salaries for rest of year," autonews.com, May 10: As a satisfied purchaser of a Carvana vehicle, I have been wary of the company's business plan in recent months.
One mistake is the purchase of an auto auction company, which does nothing but create relationship problems within the industry. A second mistake has been Carvana's intention to open more reconditioning/pre-delivery centers throughout the country. Affordability of its cars is declining rapidly; many of the vehicles I see in Carvana's inventory are overpriced compared with similar cars I see on dealers' lots.
In short, Carvana is in big trouble, though I wish it well. It needs to cut costs, not expand them. The first moves noted in the article are far short of what's really needed.
ROBIN LEECH, Lakeville, Conn. The writer is the host of a weekly automotive radio show.
