Profile: Carvana Co (CVNA.N)
17 Jun 2019
Carvana Co is an e-commerce platform for buying used cars. On the Company's platform, consumers can research and identify a vehicle, inspect it using its proprietary 360-degree vehicle imaging technology, obtain financing and warranty coverage, purchase the vehicle and schedule delivery or pick-up, all from their desktop or mobile devices. The Company’s transaction technologies and online platform transform a traditionally time consuming process by allowing customers to secure financing, complete a purchase and schedule delivery online.
The Company's technology and infrastructure allow seamlessly and deliver the car buying experience to customers. It uses proprietary algorithms to optimize its nationally pooled inventory of over 7,300 vehicles, inspect and recondition its vehicles based on their Carvana Certified 150-point inspection process and operate its own logistics network to deliver cars directly to customers as soon as the next day. Customers in certain markets also have the option to pick up their vehicle at one of their proprietary vending machines. As of December 31, 2016, its in-house distribution network serviced 21 metropolitan markets.
1930 W Rio Salado Pkwy
TEMPE AZ 85281-2339