Carvana Co. ( CVNA - Free Report ) ) is a leading e-commerce platform for buying and selling used cars. The acquisition of ADESA's U.S. operations has solidified Carvana's logistics network and auction capabilities. The cost-cut efforts of this used car e-retailer have been paying off. It has completed $1.1 billion of annualized SG&A expense reductions since second quarter of 2022. Encouragingly, this used car auto e-retailer expects GPU to exceed $5,500 in third-quarter 2023. Carvana's recent debt restructuring deal also bodes well.