Deal-hungry investors are likely watching Carvana (NYSE: CVNA) closely. Macroeconomic conditions are worsening Founded in 2012, Carvana is a used-car dealership that aims to disrupt the industry with an e-commerce business model, in part by using aggressive marketing gimmicks such as car vending machines in major U.S. cities. Americans are buying fewer cars as problems like inflation eat into family budgets, and rising interest rates increase the financing costs of these often big-ticket expenditures.