Carvana Launches in Indianapolis, the Company’s First Market in the State of Indiana

Online Auto Retailer Brings Free, As-Soon-As Next-Day Vehicle Delivery Service into Indianapolis Metro Area, its 20th Market

Carvana Launches in Indianapolis, the Company's First Market in the State of Indiana (Photo: Business Wire)

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INDIANAPOLIS--()--Carvana, a better way to buy a car, announced today that it is bringing its disruptive online auto retail platform to the Indianapolis market, continuing the company’s rapid expansion across the United States. This addition marks Carvana’s 11th new market of 2016 and 20th overall. Following a recent series of successful launches in Memphis, Pittsburgh and Cincinnati, the company now offers as-soon-as next-day delivery to more than 132 million consumers nationwide, including approximately 5.5 million consumers residing in the Indianapolis metro area.

Carvana uses advanced, proprietary technology to deliver a complete and seamless online car buying experience, putting the customer in total control of the process. By visiting carvana.com on a mobile phone or desktop computer, customers can search for, buy, finance and sell a car, all from the comfort of their own home. Customers can obtain firm financing options by answering 10 simple questions, allowing them to know precise payment terms for all 6,000+ vehicles in the company’s online inventory while shopping. Carvana customers have completed the entire purchase process – including financing and contract signing – in less than 15 minutes.

Fueled by a customer-first mentality, all Carvana vehicles feature a 100-day/4,189-mile bumper-to-bumper warranty, as well as a 7-Day Return Policy that allows customers to return their vehicle for any reason whatsoever and receive a full refund. Each Carvana car undergoes a rigorous 150-point safety inspection prior to sale to ensure the utmost quality. After completing the online purchase process, customers can receive their vehicle as soon as the next day, as Carvana will either deliver the car to the customer’s home or will arrange for pickup of the vehicle at one of Carvana’s state-of-the-art Car Vending Machines (currently in Atlanta and Nashville). In 2016, Carvana customers have saved an average of $1,461 per purchase versus the Kelley Blue Book suggested retail value.

“Over the past few months, we’ve been expanding across the Midwest, and we’re incredibly excited to make our official entrance into Indiana with our launch in the state’s capital,” said Ernie Garcia, founder and CEO of Carvana. “As the Crossroads of America and one of the largest cities in the region, Indianapolis has been a key point of expansion for us for a while now. We can’t wait to revolutionize the car buying experience for residents in the area.”

To date, Carvana has delivered cars to customers in 46 states, showing the high demand for the Carvana car-buying experience. Carvana now offers free, as-soon-as next-day delivery to local residents in 20 markets: Atlanta, Austin, Birmingham, Charlotte, Cincinnati, Columbus, Dallas, Houston, Jacksonville, Memphis, Miami, Nashville, Orlando, Pittsburgh, Raleigh, Richmond, San Antonio, Tampa, Washington D.C., and now Indianapolis.

As a thanks to early adopters in Indianapolis who purchased a vehicle from Carvana prior to today, Carvana will fully refund any delivery fee paid.

About Carvana

Founded in 2013 and based in Phoenix, Ariz., Carvana’s mission is to give customers a better car-buying experience by removing the dealership infrastructure and replacing it with technology and exceptional customer service. By leveraging e-commerce technology, Carvana has transformed car buying, creating a start-to-finish online shopping platform that has allowed customers to complete their purchase in less than 15 minutes, and in 2016 saved customers an average of $1,461 per purchase versus Kelley Blue Book’s suggested retail price. Additionally, Carvana launched the world’s first-ever automated, coin-operated Car Vending Machine in Nashville, Tenn. 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 as soon as the next day. Carvana cars are guaranteed to be accident-free, undergo a rigorous 150-point inspection and feature a 100-day/4,189-mile bumper-to-bumper warranty, as well as a 7-Day Test Own period during which customers can return their car for any reason for a full refund. Carvana continues to revolutionize the car-buying process through technology, transparency and great 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 FacebookInstagram or Twitter.

Contacts

for Carvana
Alison Deffner
Carvana@olson.com

Contacts

for Carvana
Alison Deffner
Carvana@olson.com