Carvana Continues Midwestern Expansion With Cincinnati Launch

Leading Online Auto Retailer Opens Eighth New Market of 2016, Seventeenth Market Overall, and Brings As-Soon-As-Next-Day Delivery to Cincinnati

Carvana Continues Midwestern Expansion with Cincinnati Launch (Photo: Business Wire)

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CINCINNATI--()--Fueled by more than $460 million in funding, Carvana – the leading national online auto retailer – has officially launched in Cincinnati, further expanding the company’s overall presence across the Midwest. Marking the 17th location since launch, Carvana continues rapid expansion and can now offer as-soon-as next-day car delivery to more than 118.3 million customers nationwide, 7.9 million residing in the Cincinnati and metropolitan areas.

Carvana is the number one destination, and the only destination, where customers can search for, buy, finance and sell their car entirely online – including financing and contract signing – in 20 minutes or less without ever stepping foot inside a dealership. The company continues to invest in developing advanced, proprietary technology to give customers every tool needed to seamlessly complete the entire car-buying and selling transaction from the comfort of their own home, all while saving an average of $1,461 per purchase. Also central to Carvana’s customer-first approach, the company provides a 7-Day Return Policy for every vehicle purchased from its ever-growing inventory of more than 5,000 company owned vehicles.

“We offer a unique, honest and transparent approach that provides customers with a whole new way to buy a car and puts them back in control of their car-buying experience,” said Ernie Garcia, founder and CEO of Carvana. “Knowing that Cincinnati is a big driving area, we’re confident customers will appreciate the great experience Carvana offers over the traditional dealership model. As the third biggest city in Ohio, with proximity to Northern Kentucky as well, there is a high demand for used cars in this area, and we’re excited to bring the Carvana experience to this market.”

To date, Carvana has brought a better way to buy a car to customers in 46 states and provides delivery options nationwide. Additional facilities enable Carvana to offer faster and more affordable delivery options, including free, as-soon-as next-day delivery to local residents in 17 markets, which include: Atlanta, Austin, Birmingham, Charlotte, Columbus, Dallas, Houston, Jacksonville, Miami, Nashville, Orlando, Raleigh, San Antonio, Tampa, Richmond, Washington D.C., and now Cincinnati.

To show its appreciation to Cincinnati’s early adopters who purchased a vehicle prior to Carvana’s expansion into the market, Carvana is offering a full refund of any delivery fee paid.

About Carvana

Founded in 2013 and based in Phoenix, Ariz., Carvana is the first complete online auto retailer offering vehicle purchase in as little as 11 minutes, with an average savings of $1,461 versus Kelley Blue Book. Additionally, Carvana launched the world’s first-ever, fully-automated, coin-operated Car Vending Machine, in Nashville, Tenn. With Carvana, you can shop for, finance, purchase and trade-in a car entirely online, while also receiving as-soon-as next-day vehicle delivery or pick-up at the nation's first vehicle vending machine. Carvana cars come with an accident-free guarantee, undergo a rigorous 150-point inspection and come with a 100-day/4,189 mile bumper-to-bumper warranty, as well as a 7-Day Return Policy. Carvana is revolutionizing the car buying process through patented technology, transparency and exceptional customer service, while eliminating the pressure, hassles and hidden fees that come with buying from a dealership.

For further information on Carvana please visit www.carvana.com, or connect with us on Facebook, Instagram or Twitter.

Contacts

for Carvana
Alison Deffner
Carvana@olson.com

Contacts

for Carvana
Alison Deffner
Carvana@olson.com