CarvanaACCESS Unlocks a Whole New Way to Wholesale
June 25 2020 - 9:00AM
Business Wire
Carvana Launches Online Direct Purchasing
Platform for Industry Buyers to Access Broad, Diverse National
Inventory
Carvana (NYSE: CVNA), a leading e-commerce platform for buying
and selling used cars, has launched CarvanaACCESS, a
direct-purchase platform that gives independent and franchised
dealers the ability to buy wholesale vehicles from Carvana. As
consumer trade-ins and other wholesale vehicles are processed at
Carvana locations across the country, they will be made available
on CarvanaACCESS.com in a “timed bid” online auction enabled
through a partnership with Manheim Digital. All vehicles on
CarvanaACCESS are presented with full condition information and
360-degree imagery, ensuring buyers are informed and armed with
detailed information in making their bidding and buying
decisions.
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Carvana has launched CarvanaACCESS, a
direct-purchase platform that gives independent and franchised
dealers the ability to buy wholesale vehicles from Carvana.
(Graphic: Business Wire)
“Wholesale has been an important part of our business from the
beginning, and much like consumer interest in The New Way to Buy a
Car™ has quickly grown over time, so has interest in what we offer
to industry customers with our wholesale inventory,” said Scott
Wood, senior director of wholesale operations at Carvana. “This
direct purchase platform unlocks the full potential of Carvana’s
capabilities matched with technology modules from Manheim Digital,
creating a whole new way to buy wholesale, directly from Carvana.
We look forward to working with even more wholesale customers to
provide them with our incredibly diverse inventory and national
network.”
CarvanaACCESS is a co-development effort between Carvana and
Manheim Auctions. The auction portion of the site is accessible by
registered dealers and similar wholesale buyers. CarvanaACCESS
users get the earliest access to Carvana’s broad wholesale
inventory, including recent retail customer trade-ins, spanning a
range of years, models and values. Vehicles are priced to sell,
with Carvana wholesale vehicles seeing a 90 percent first run sales
rate.
Wholesale customers seeking access to CarvanaACCESS can visit
CarvanaACCESS.com to begin the registration process. Previews take
place from 8 a.m. ET on Thursdays through 9 a.m. ET on Fridays, and
sales take place starting at 9 a.m. ET on Fridays and end at 4 p.m.
ET on Mondays.
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 car buying and
financing platform. Carvana.com enables consumers to quickly and
easily shop more than 17,000 vehicles, finance, trade-in or sell
their current vehicle to Carvana, sign contracts, and schedule
as-soon-as-next-day delivery or pickup at one of Carvana’s
patented, automated Car Vending Machines.
For further information on Carvana, please visit
www.carvana.com, or connect with us on Facebook, Instagram or
Twitter.
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Carvana Amy O’Hara 602-558-7848 press@carvana.com
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