A 2016 study indicated that 87% of Americans disliked shopping at a car dealership. We all know the stereotypes involved -- slick-talking salespeople and worries about getting ripped off.

Carvana (NYSE: CVNA), an online platform for buying and selling used cars, is trying to improve the customer experience -- transforming a process that can take hours at a dealership into a click-to-buy e-commerce transaction.

However, the company could have some fundamental flaws that investors should be aware of before riding with Carvana over the long term.

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Source Fool.com