Carvana Expands into First Midwestern Market with Launch in Columbus

Leading Online Auto Retailer Opens Seventh New Market in Seven Months; First in State of Ohio

Carvana Expands into First Midwestern Market with Launch in Columbus (Photo: Business Wire)

COLUMBUS, Ohio--()--Fueled by more than $460 million in funding, Carvana – the nation’s leading online auto retailer and creator of the world’s first coin-operated Car Vending Machine – announced its expansion into Columbus, Ohio. This launch marks the company’s first market in the Midwest region and first in the state of Ohio, now providing as-soon-as next-day delivery to more than 110.3 million customers across the country.

As the most comprehensive digital car buying destination, Carvana is the only place where customers can search for, buy, finance and sell their car entirely online in 20 minutes or less without ever stepping foot inside a dealership. Carvana also provides a 7-Day Return Policy for every vehicle purchased from its inventory of more than 5,000. The company has heavily invested in advanced, proprietary technology to give customers every tool they need to complete the entire car-buying or selling transaction from the comfort of their own home, all while saving an average of $1,681 per purchase.

Columbus marks Carvana’s seventh new market launch over the past seven months, 16th market overall, and aligns with the company’s aggressive growth strategy. In addition to expanding physical operations in new markets across the country, this strategy includes hiring outstanding talent to Carvana’s growing team, and continuing to invest in cutting-edge technology that delivers unparalleled customer experiences. By leveraging advanced technology, real transparency and exceptional customer service, Carvana is truly revolutionizing the car buying process for customers.

“We couldn’t be happier to be expanding into our first market in the Midwest, and to have that market be Columbus,” said Ernie Garcia, founder and CEO of Carvana. “We chose Columbus because it’s centrally located within Ohio – one of our key states for growth – and is also the 15th largest city in the country. With a high concentration of early tech adopters who gravitate toward services like ours, the Carvana experience is built for a market like Columbus. We’re excited to be in a position to bring all that Carvana has to offer to customers in the area.”

To date, Carvana has delivered cars to customers in 46 states and provides delivery options nationwide. With market expansions like Columbus, Carvana can also offer faster and more affordable delivery options. Carvana currently offers as-soon-as next-day delivery to local residents in 16 markets, which include: Atlanta, Austin, Birmingham, Charlotte, Dallas, Houston, Jacksonville, Miami, Nashville, Orlando, Raleigh, San Antonio, Tampa, Richmond, Washington D.C. and now Columbus.

To show its appreciation to Columbus’ 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 $1,681 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 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