Sell CVNA by Jul 1, 2025.

🚨 **TL;DR:** Carvana is basically playing **2008 Mortgage Crisis: Used Car Edition.** They're holding the riskiest part of their own auto loan-backed securities (ABSs), betting that subprime borrowers will keep making payments. But as used car prices stay high and interest rates squeeze wallets, defaults are rising. If this collapses, Carvana gets **wrecked first and worst.** --- ### **🃏 Carvana is the Gambler Betting on Its Own Losing Hand** - When Carvana issues loans, they bundle them into **asset-backed securities …