CVNA Carvana Co. Class A

Carvana Brings Chicago a New Way to Buy a Car

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 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.

EN
10/05/2017

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Carvana Co. Class A

Wedbush Research
  • Wedbush Research
W WAYFAIR INC.
XNCR XENCOR INC.
WDC WESTERN DIGITAL CORPORATION
TRIP TRIPADVISOR INC.
SIMON SILICON MOTION TECHNOLOGY CORPORATION SPONSORED ADR
PSTG PURE STORAGE INC. CLASS A
NVDA NVIDIA CORPORATION
NVCR NOVOCURE LTD.
NTAP NETAPP INC.
MU MICRON TECHNOLOGY INC.
MELI MERCADOLIBRE INC.
INTC INTEL CORPORATION
GOOGL ALPHABET INC. CLASS A
FB FACEBOOK INC. CLASS A
EXPE EXPEDIA GROUP INC.
ETSY ETSY INC.
EBAY EBAY INC.
AXTI AXT INC.
NFLX NETFLIX INC.
2330 TAIWAN SEMICONDUCTOR MANUFACTURING CO. LTD.
2303 UNITED MICROELECTRONICS CORP.
CCRN CROSS COUNTRY HEALTHCARE INC.
PTGX PROTAGONIST THERAPEUTICS
CVNA CARVANA CO. CLASS A
ISR ISORAY
SE SEA ADS
AMZN AMAZON.COM INC.
AMD ADVANCED MICRO DEVICES INC.
AAPL APPLE INC.
MSFT MICROSOFT CORPORATION
IBM INTERNATIONAL BUSINESS MACHINES CORPORATION
BKNG BOOKING HOLDINGS INC.
RCUS ARCUS BIOSCIENCES
ARVN ARVINAS HOLDING
STRO SUTRO BIOPHARMA
LYFT LYFT
PINS PINTEREST INC. CLASS A
UBER UBER TECHNOLOGIES INC.
GOSS GOSSAMER BIO
CHWY CHEWY INC. CLASS A
SMCI SUPER MICRO COMPUTER
IDYA INC.
RVMD IDEAYA BIOSCIENCES
ORIC REVOLUTION MEDICINES
ZNTL ORIC PHARMACEUTICALS
COGT ZENTALIS PHARMACEUTICALS
DASH COGENT BIOSCIENCES INC
ABNB DOORDASH
NUVB AIRBNB INC. CLASS A
RBLX NUVATION BIO INC (A)
CGEM ROBLOX
FHTX CULLINAN ONCOLOGY INC
STX FOGHORN THERAPEUTICS
GLUE SEAGATE TECHNOLOGY HLDGS PLC
GFS MONTE ROSA THERAPEUTICS INC
NUVL GLOBALFOUNDRIES INC
CART NUVALENT INC
TLX MAPLEBEAR INC.
BBOT TELIX PHARMACEUTICALS LIMITED
EIKN BRIDGEBIO ONCOLOGY THERAPEUTICS INC
EIKON THERAPEUTICS INC
Michael Piccolo
  • Michael Piccolo

Daily Recap: KMX, IBM, FUN, UL, JHG/VCTR, DIS, LULU, 9104, OSUR, PERF,...

International Business Machines Corp. (IBM - $256.11)News Reports CEO Sees More AI Deals in Friendlier Regulatory Climate.According to Bloomberg, IBM's CEO Arvind Krishna signaled on March 17, 2026, that the company intends to continue pursuing M&A in AI and hybrid cloud, citing a materially mo

ResearchPool Subscriptions

Get the most out of your insights

Get in touch