Carvana

Well...

Hindenburg Research is winding down its operations after years of investigating accounting irregularities, undisclosed deals and conflicts of interest, and illegal and unethical business conduct.

Nate Anderson, who founded the forensic financial research firm six years ago, wrote a note on Wednesday explaining that the time had come to hang up the shingle. According to Anderson, he was at the point where he would wake up in the middle of the night thinking about work or the general pressure of everything. He described the labor at Hindenburg as “rather intense, and at times, all-encompassing.”

Yet, there is no one overarching reason to shut it down, Anderson noted. Mostly, it will be a relief, he said.

“There is not one specific thing—no particular threat, no health issue, and no big personal issue,” Anderson wrote. “The intensity and focus has come at the cost of missing a lot of the rest of the world and the people I care about. I now view Hindenburg as a chapter in my life, not a central thing that defines me.”


This frees up Carvana to carry on!
 
I had a 2013 Q7 TDI, 120k miles, that went through dieselgate. Car was super clean, accident free, had been extremely reliable until it popped a slew of issues (DEF particulate filter, coolant leak, bad thermostat). Dealer wanted $7k to fix. 3 local diesel shops refused to work on it suggesting the check-engine light that was on may never go off. Likely also needed a timing belt.
I had a 2009 VW TDI. It's stories like this that make me happy I let VW buy it back for $14.5K as part of their settlement. I also got another $1.5K from settlements with Bosch (the injector mfg.) and one negotiated by my state attorney general. I only paid 18K for it 8 years earlier. I also swore off VWs forever.

To address the topic, I probably will use Carvana or Carmax to buy my next car.
 

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