Key Points Carvana ‘s (CVNA) latest new-car franchise buy breaks its used-only mold, eyeing access to trade-ins amid shortages. ‘s (CVNA) latest new-car franchise buy breaks its used-only mold, eyeing access to trade-ins amid shortages. High-volume franchise sales could funnel fresh trade-ins straight into Carvana’s used inventory pipeline, easing the chronic shortage plaguing the pre-owned market amid off-lease droughts. For Carvana, the master of frictionless online used sales, franchised new-car operations scream deworsification risk. Key TakeawayThese acquisitions are peanuts — two dealerships amid Carvana’s more than 250,000 annual used sales — offering low-risk learning without material operational drag, with benefits like trade-in flows that could prove accretive.