Phoenix-Based Carvana Rises up with a New Way to Buy a Car in the Valley of the Sun
August 02 2017 - 9:00AM
Business Wire
Phoenix Residents Can Skip the Dealership, Buy
Online at Carvana.com
Less than five years ago, Carvana (NYSE: CVNA) embarked on a
mission to change the way people buy cars, disrupting the
decades-old dealership model by putting cars online and customers
in control. Since its founding in Phoenix, Carvana has launched a
local presence in 32 markets, and today is proud to announce its
hometown is market number 33. Starting today, Phoenix area
residents can beat the heat and purchase a car entirely online at
Carvana.com, in as little as 10 minutes, and schedule free delivery
of their vehicle to their home or office – or anywhere with air
conditioning.
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Carvana launches its 33rd market in its
hometown of Phoenix (Photo: Business Wire)
From start to finish, Carvana makes buying a car fun and simple.
By visiting Carvana.com, customers can browse more than 7,000
vehicles, secure financing, sign contracts, trade in an old car and
receive direct-to-door delivery. In addition to saving time,
Carvana customers also save money. In 2016, customers saved an
average of $1,430 compared to Kelley Blue Book Suggested Retail
Value.
With transparency and safety at the forefront of the Carvana
experience, all vehicles have passed a rigorous 150-point
inspection, have never been in a reported accident nor have frame
damage. In addition, Carvana lists out all features, imperfections
and updated information about open safety recalls on the car's
vehicle description page. To ensure complete peace of mind,
customers are also offered a seven-day test-own period for each
vehicle.
“As the home of our headquarters – and nearly 500 of our
employees – launching in Phoenix is particularly meaningful for
us,” said Ernie Garcia, founder and CEO of Carvana. “To be able to
deliver our cars to the community that has supported us from the
beginning is incredibly humbling.”
Carvana has delivered vehicles to customers in 48 states, and
offers free, as-soon-as next-day delivery to residents in 33
markets: Atlanta, Augusta (Ga.), Austin, Birmingham, Charlotte,
Chicago, Cincinnati, Cleveland, Columbia (S.C.), Columbus, Dallas,
Detroit, Greenville (S.C.), Hampton Roads (Va.), Houston,
Indianapolis, Jacksonville, Louisville (Ky.), Macon (Ga.), Memphis,
Miami, Nashville, Oklahoma City, Orlando, Philadelphia, Pittsburgh,
Raleigh, Richmond, San Antonio, St. Louis, Tampa, Washington D.C.,
and now Phoenix.
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.
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CarvanaKate Carver, 212-656-9148carvana@olson.com
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