← PNL404 · CarvanaEnglish · 한국어 · 日本語

Carvana Seasonality

Historical month-by-month and year-by-year returns

Based on 10 calendar years of monthly closes, starting 2017.

By Month

MonthAverageMedian% PositiveBestWorst
January+10.1%0.2%44%+114.6%30.1%
February+8.7%+4.6%56%+76.3%16.7%
March1.6%5.9%44%+29.4%33.6%
April+5.4%+14.3%67%+45.4%51.4%
May+7.4%+1.5%50%+86.2%49.2%
June+29.8%+21.3%80%+103.7%23.3%
July+16.1%+7.7%80%+77.3%5.3%
August+14.1%+13.1%64%+50.6%8.6%
September9.8%8.7%33%+15.6%38.5%
October8.6%16.9%33%+42.0%35.7%
November+7.9%+14.3%78%+35.0%43.0%
December1.1%4.3%33%+69.0%38.5%

By Calendar Year

YearReturn
2025+107.5%
2024+284.1%
2023+1016.9%
202298.0%
20213.2%
2020+160.2%
2019+181.4%
2018+71.1%

These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.