Amazon Just Turned Carvana’s $13.5 Billion Business Into a Sleepless Nightmare

I don’t know about you, but I’d rather host a dinner party for my in-laws than deal with a used car salesman. Those guys in their $99 polyester suits have perfected the art of making you feel like both an idiot and a criminal for simply wanting a functioning vehicle.

Well, Amazon just dropped the news that for the first time ever, you can buy an entire car on Amazon. Yes, the same platform where you impulse-buy toilet paper and cat food at 2 AM is now offering you a Hyundai with fewer clicks than it takes to order a pizza. Same-day drone delivery? Not quite. (But hey, at least you won’t need to shower or put on pants to car shop).

Amazon Autos is launching in 48 cities, partnering exclusively with Hyundai dealers. So, if you had your heart set on a Ford, sorry, go cry in the corner. For now, it’s Hyundai or the highway (pun absolutely intended). 

Fan Jin, Amazon’s global head of Autos, said exactly what we’re all thinking: "We’re bringing the simplicity and ease customers expect from Amazon to car shopping." In other words, Amazon is transforming the most soul-crushing consumer experience since dental work into something that won’t make you want to rage-quit humanity.

Remember the last time you bought a car? The sweaty palms, pretending to understand car jargon, and trying to haggle with a guy named "Big Mike" who could smell your desperation from a mile away? Yeah, kiss that nightmare goodbye. With Amazon Autos, here’s what you get: transparent pricing (no haggling, no BS), financing options, trade-in capabilities, and (get this) no need to make eye contact with a single human. Oh, and because Amazon knows how to sweeten the deal, they’re throwing in a $2,300 gift card for anyone buying a car before January 10th, 2025.

This doesn’t seem like another Amazon experiment. With 310 million active users, Amazon is basically telling car manufacturers: "We’re here, we’re ready, and we’re about to turn your industry upside down." Most online car sales platforms focus on used vehicles. Amazon? They’re rolling in hot with NEW cars only. 

Now, as Amazon floors the gas pedal into car sales, Carvana might want to start checking its rearview mirror. Carvana pulled in $13.5 billion in revenue last year, but their road ahead isn’t looking so smooth now that they’re direct competitor is the evil Jeff Bezos.

P.S. You missed it. I warned you it wouldn’t last forever, but hey… there’s still time to join Stocks.News premium. At just $20 a month, it’s probably less than your random impulse buys (looking at you, late-night fast food runs). The difference? This $20 could give you access to the market’s biggest trade setups before they hit the news. We’re averaging triple-digit wins every week, so ask yourself… can you really afford to miss out? Click here now for all the details and get in on the action.

Stock.News has positions in Amazon.