With car vending machine open on I-35 in Austin, Carvana is reportedly looking to go public

Online used car retailer Carvana has hired two investment banks for an initial public offering, according to several published media reports.
Phoenix-based Carvana has hired Wells Fargo & Co. and Bank of America Corp. to lead its IPO, according to Reuters.
The fast-growing company hopes to go public in the first half of the year at a valuation of well over $2 billion, according to Reuters.
A Carvana spokeswoman told the Phoenix Business Journal today the company has no comment.
Carvana also operates…

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