Carvana Brings Chicago a New Way to Buy a Car
May 10 2017 - 7:00AM
Business Wire
Chicagoland Residents Can Now Buy a Car
Completely Online and Have it Delivered as Soon as the Next Day
Today Carvana (NYSE: CVNA), a leading eCommerce platform for
buying used cars, announced its expansion into Chicago, the
company’s first market in Illinois and the 25th market in the U.S.
An estimated 13 million consumers in the greater Chicagoland area
can now get free, as-soon-as-next-day delivery of any vehicle from
Carvana’s 7,300+ vehicle inventory.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20170510005187/en/
Carvana Brings Chicago a New Way to Buy a
Car (Photo: Business Wire)
Carvana puts customers in complete control of their online
car-buying experience through its seamless platform and advanced,
proprietary technology. By visiting Carvana.com, customers can
search for, purchase, finance and trade in a car online from their
computer, tablet or mobile phone in as little as 10 minutes.
Customers can also obtain personal financing options and understand
precise payment terms for every vehicle in Carvana’s online
inventory by answering 10 questions online, with no impact to their
credit. All vehicles undergo a rigorous 150-point inspection to
become Carvana certified, and feature a 100-day/4,189-mile
bumper-to-bumper warranty.
Once customers have completed the online purchase process, they
can schedule home delivery of their vehicle as soon as next day. If
Chicago area customers prefer to pick up their car personally, they
can opt into Carvana’s “Fly and Drive” program, where Carvana will
subsidize $200 of airfare to a Car Vending Machine location in
Austin, Dallas, Houston, Nashville or San Antonio. For added peace
of mind, Carvana offers a 7-day return policy, allowing customers
to receive a refund for their vehicle for any reason. In 2016,
customers who purchased a car through Carvana saved an average of
$1,430 versus the Kelley Blue Book Suggested Retail Value.
“Chicago is our most populated market to date,” said Ernie
Garcia, founder and CEO of Carvana. “Not only is it the
northernmost market we’ve launched in, it’s home to the third
largest population in the country. We can’t wait to show them the
new way to buy a car.”
To date, Carvana has delivered cars to customers in 47 states.
With this launch, Carvana now offers free, as-soon-as-next-day
delivery to residents in 25 markets: Atlanta, Austin, Birmingham,
Charlotte, Cincinnati, Cleveland, Columbus, Dallas, Hampton Roads
(Va.), Houston, Indianapolis, Jacksonville, Memphis, Miami,
Nashville, Orlando, Philadelphia, Pittsburgh, Raleigh, Richmond,
San Antonio, St. Louis, Tampa, Washington, D.C., and now
Chicago.
To thank the early adopters in Chicago who purchased a vehicle
prior to today, Carvana will fully refund any delivery fee
paid.
About Carvana (NYSE: CVNA)
Founded in 2012 and based in Phoenix, Carvana’s (NYSE: CVNA)
mission is to change the way people buy cars. By removing the
traditional dealership infrastructure and replacing it with
technology and exceptional customer service, Carvana offers
consumers an intuitive and convenient online automotive retail
platform, with a fully transactional website that enables consumers
to quickly and easily buy a car online, including finding their
preferred vehicle, qualifying for financing, completing the
purchase and loan with signed contracts, and receiving delivery or
pickup of the vehicle from one of Carvana’s proprietary automated
Car Vending Machines.
For further information on Carvana, please visit
www.carvana.com, or connect with us on Facebook, Instagram or
Twitter.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170510005187/en/
CarvanaKate Carver, 212-656-9148carvana@olson.com
Carvana (NYSE:CVNA)
Historical Stock Chart
From Mar 2024 to Apr 2024
Carvana (NYSE:CVNA)
Historical Stock Chart
From Apr 2023 to Apr 2024