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Carvana Announces Auction-IRC ‘Megasite’ Integration in Phoenix Area

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Carvana (NYSE: CVNA) has announced plans to integrate an auction and reconditioning 'Megasite' in Phoenix, combining its Inspection and Reconditioning Center (IRC) capabilities with its existing ADESA Phoenix wholesale auction location. The facility, located in Chandler, AZ, spans nearly 100 acres with over 5,000 parking spaces.

The integration will create approximately 200 new jobs and maintain both digital and in-lane auction operations. The ADESA Phoenix site, which has served local wholesale auto auction customers for over 20 years, will implement Carvana's proprietary CARLI software to support efficiency across its IRC network.

This expansion will increase Carvana's total reconditioning capacity, improve vehicle selection, and establish an expanded inventory pool in the Phoenix metropolitan area. The integration aims to enable faster local delivery options, potentially offering same or next-day delivery for local buyers, while maintaining full auction functionality for wholesale customers.

Carvana (NYSE: CVNA) ha annunciato piani per integrare un'asta e un 'Megasite' di riconfigurazione a Phoenix, combinando le sue capacità del Centro di Ispezione e Riconfigurazione (IRC) con la sua attuale sede di asta all'ingrosso ADESA Phoenix. La struttura, situata a Chandler, AZ, si estende per quasi 100 acri con oltre 5.000 posti auto.

L'integrazione creerà circa 200 nuovi posti di lavoro e manterrà sia le operazioni di asta digitale che quelle in corsia. Il sito ADESA Phoenix, che ha servito i clienti delle aste auto all'ingrosso locali per oltre 20 anni, implementerà il software proprietario CARLI di Carvana per supportare l'efficienza della rete IRC.

Questa espansione aumenterà la capacità totale di riconfigurazione di Carvana, migliorerà la selezione dei veicoli e stabilirà un inventario ampliato nell'area metropolitana di Phoenix. L'integrazione mira a consentire opzioni di consegna locale più rapide, potenzialmente offrendo consegne il giorno stesso o il giorno successivo per i compratori locali, mantenendo al contempo la piena funzionalità delle aste per i clienti all'ingrosso.

Carvana (NYSE: CVNA) ha anunciado planes para integrar una subasta y un 'Megasite' de reacondicionamiento en Phoenix, combinando sus capacidades del Centro de Inspección y Reacondicionamiento (IRC) con su ubicación actual de subasta al por mayor ADESA Phoenix. La instalación, ubicada en Chandler, AZ, abarca casi 100 acres con más de 5,000 espacios de estacionamiento.

La integración creará aproximadamente 200 nuevos empleos y mantendrá tanto las operaciones de subasta digital como las en el carril. El sitio ADESA Phoenix, que ha atendido a clientes de subastas de autos al por mayor locales durante más de 20 años, implementará el software propietario CARLI de Carvana para apoyar la eficiencia en su red IRC.

Esta expansión aumentará la capacidad total de reacondicionamiento de Carvana, mejorará la selección de vehículos y establecerá un inventario ampliado en el área metropolitana de Phoenix. La integración tiene como objetivo permitir opciones de entrega local más rápidas, ofreciendo potencialmente entrega el mismo día o al día siguiente para los compradores locales, mientras mantiene la funcionalidad completa de subasta para los clientes al por mayor.

Carvana (NYSE: CVNA)는 피닉스에 경매 및 재조정 '메가사이트'를 통합할 계획을 발표했습니다. 이는 검사 및 재조정 센터(IRC) 기능과 기존의 ADESA 피닉스 도매 경매 위치를 결합하는 것입니다. 이 시설은 애리조나주 챈들러에 위치하며, 거의 100에이커에 걸쳐 있으며 5,000개 이상의 주차 공간을 갖추고 있습니다.

이 통합은 약 200개의 새로운 일자리를 창출할 것이며, 디지털 및 실내 경매 운영을 유지할 것입니다. ADESA 피닉스 사이트는 20년 이상 지역 도매 자동차 경매 고객을 위해 서비스해 왔으며, Carvana의 독점 소프트웨어인 CARLI를 구현하여 IRC 네트워크의 효율성을 지원할 것입니다.

이 확장은 Carvana의 총 재조정 능력을 증가시키고, 차량 선택을 개선하며, 피닉스 대도시 지역에 확장된 재고 풀을 구축할 것입니다. 통합은 더 빠른 지역 배송 옵션을 가능하게 하여, 지역 구매자에게는 당일 또는 익일 배송을 제공할 가능성이 있으며, 도매 고객을 위한 완전한 경매 기능을 유지합니다.

Carvana (NYSE: CVNA) a annoncé des plans pour intégrer une enchère et un 'Megasite' de reconditionnement à Phoenix, combinant ses capacités du Centre d'Inspection et de Reconditionnement (IRC) avec son emplacement actuel d'enchères en gros ADESA Phoenix. L'installation, située à Chandler, AZ, s'étend sur près de 100 acres avec plus de 5 000 places de stationnement.

L'intégration créera environ 200 nouveaux emplois et maintiendra à la fois les opérations d'enchères numériques et en ligne. Le site ADESA Phoenix, qui a servi les clients locaux d'enchères automobiles en gros pendant plus de 20 ans, mettra en œuvre le logiciel propriétaire CARLI de Carvana pour soutenir l'efficacité de son réseau IRC.

Cette expansion augmentera la capacité totale de reconditionnement de Carvana, améliorera la sélection des véhicules et établira un inventaire élargi dans la région métropolitaine de Phoenix. L'intégration vise à permettre des options de livraison locale plus rapides, offrant potentiellement une livraison le jour même ou le lendemain pour les acheteurs locaux, tout en maintenant la pleine fonctionnalité des enchères pour les clients en gros.

Carvana (NYSE: CVNA) hat Pläne angekündigt, eine Auktion und eine 'Megasite' für die Aufbereitung in Phoenix zu integrieren, indem die Fähigkeiten des Inspektions- und Aufbereitungszentrums (IRC) mit dem bestehenden ADESA Phoenix Großhandelsauktionstandort kombiniert werden. Die Einrichtung, die sich in Chandler, AZ, befindet, erstreckt sich über fast 100 Acres mit über 5.000 Parkplätzen.

Die Integration wird ungefähr 200 neue Arbeitsplätze schaffen und sowohl digitale als auch stationäre Auktionsbetriebe aufrechterhalten. Der ADESA Phoenix Standort, der seit über 20 Jahren lokale Großhandelskunden von Autoauktionen bedient, wird die proprietäre CARLI-Software von Carvana implementieren, um die Effizienz in seinem IRC-Netzwerk zu unterstützen.

Diese Erweiterung wird die gesamte Aufbereitungskapazität von Carvana erhöhen, die Fahrzeugauswahl verbessern und einen erweiterten Inventarpool im Ballungsraum Phoenix schaffen. Die Integration zielt darauf ab, schnellere lokale Lieferoptionen zu ermöglichen, potenziell die Lieferung am selben oder am nächsten Tag für lokale Käufer anzubieten, während die volle Auktionsfunktionalität für Großhandelskunden erhalten bleibt.

Positive
  • Creation of 200 new jobs indicating business expansion
  • Increased reconditioning capacity and operational efficiency
  • Enhanced local market presence with same/next-day delivery capability
  • Integration of proprietary CARLI software for operational optimization
Negative
  • None.

Insights

Carvana's integration of IRC capabilities into the existing ADESA Phoenix auction site represents a significant operational enhancement that strengthens the company's vertical integration strategy. The creation of this auction-IRC 'Megasite' leverages 100 acres of existing infrastructure to simultaneously improve both retail and wholesale operations.

The capacity expansion delivers three critical advantages: increased reconditioning capacity (directly expanding sellable inventory), greater operational efficiency through geographical optimization, and faster delivery capabilities (same/next-day) for Phoenix-area customers. This dual-purpose facility exemplifies Carvana's focus on infrastructure utilization - maintaining auction functionality while adding reconditioning capabilities maximizes return on existing assets.

The projected 200 new jobs indicate the substantial scale of this expansion. More importantly, the implementation of Carvana's proprietary CARLI software across the facility demonstrates the company's commitment to operational consistency and scalability across its network.

This integration represents meaningful progress in Carvana's post-ADESA acquisition strategy, showing how the company can extract additional value from acquired assets through operational transformation. The expansion creates operational leverage that should improve unit economics while enhancing customer experience through faster delivery and expanded selection - a competitive advantage in the digital used car marketplace.

PHOENIX--(BUSINESS WIRE)-- Carvana Co. (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced plans for an auction and reconditioning ‘Megasite’ integration in Phoenix. This effort will bring Carvana’s Inspection and Reconditioning Center (IRC) capabilities to its existing ADESA Phoenix wholesale auction location while maintaining digital and in-lane auction operations on site. The integration will expand Carvana’s overall production capacity and enhance its offerings for both retail and wholesale customers in the area.

Located in Chandler, AZ, ADESA Phoenix has served local wholesale auto auction customers for more than 20 years. The site spans nearly 100 acres and over 5,000 parking spaces and provides ample infrastructure to support both Carvana IRC operations and ongoing ADESA wholesale auction services. Carvana has already begun hiring new local team members and expects the integration to create approximately 200 new entry level and skilled jobs over time.

"Carvana’s expanding operations at ADESA Phoenix are another example of the bold innovation and growth we are proud to foster here in Chandler," said Chandler Mayor Kevin Hartke. "It brings exciting new opportunities for our residents, reflects our commitment to supporting job creators and a strong local economy, and reminds us - there truly is no place like Chandler."

Adding IRC capabilities to ADESA Phoenix increases Carvana’s total reconditioning capacity, which improves selection for all customers. It also establishes an expanded inventory pool in a new metropolitan area, making Carvana’s reconditioning and fulfillment network more efficient and giving local buyers access to vehicles that can be delivered as soon as the same or the next day. Wholesale customers will continue to enjoy full in-lane and online auction functionality and will now benefit from even more robust reconditioning operations on site.

"The Phoenix area is home to our headquarters and a significant anchor for Carvana and ADESA operations, so we couldn’t be more excited to expand our local capabilities and team here," said Brian Boyd, Senior Vice President of Inventory at Carvana. "Bringing Carvana Inspection and Reconditioning Center capabilities to ADESA Phoenix will drive additional speed and selection for our local retail customers and an even more robust offering for our local wholesale customers while also creating new entry level and skilled jobs in the Chandler community."

ADESA Phoenix’s efficient transition to an auction-IRC Megasite will be enabled by the site’s significant existing footprint and infrastructure as well as by its adoption of Carvana’s proprietary CARLI software, which supports efficiency, scalability, and consistency across its IRC network.

Forward Looking Statements

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect Carvana’s current expectations and projections with respect to, among other things, its financial condition, results of operations, plans, objectives, strategy, future performance, and business. These statements may be preceded by, followed by or include the words "aim," "anticipate," "believe," "estimate," "expect," "forecast," "intend," "likely," "outlook," "plan," "potential," "project," "projection," "seek," "can," "could," "may," "should," "would," "will," the negatives thereof and other words and terms of similar meaning.

Forward-looking statements include all statements that are not historical facts, including expectations regarding our operational and efficiency initiatives and gains, our strategy, forecasted results, including forecasted Adjusted EBITDA and forecasted retail units sold, potential infrastructure capacity utilization, efficiency gains and opportunities to improve our results, including opportunities to increase our margins and reduce our expenses, trends or expectations regarding inventory, anticipated benefits of integrations, and our long-term financial goals and growth opportunities. Such forward-looking statements are subject to various risks and uncertainties.

Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Among these factors are risks related to: our ability to utilize our available infrastructure capacity and realize the expected benefits therefrom, including increased margins and lower expenses; the benefits from our initiatives relating to ADESA; the larger automotive ecosystem, including consumer demand, global supply chain challenges, and other macroeconomic issues (including the imposition of new or increased tariffs); our ability to raise additional capital and our substantial indebtedness; our ability to effectively manage our rapid growth; our ability to maintain customer service quality and reputational integrity and enhance our brand; the seasonal and other fluctuations in our quarterly and annual operating results; our relationship with DriveTime and its affiliates; the highly competitive industry in which we participate, which among other consequences, could impact our long-term growth opportunities; the changes in prices of new and used vehicles; our ability to acquire and expeditiously sell desirable inventory; our ability to grow complementary product and service offerings; and the other risks identified under the “Risk Factors” section in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024.

There is no assurance that any forward-looking statements will materialize. You are cautioned not to place undue reliance on forward-looking statements, which reflect expectations only as of this date. Carvana does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise.

About Carvana

Carvana’s mission is to change the way people buy and sell cars. Since launching in 2013, Carvana has revolutionized automotive retail and delighted millions of customers with an offering that is fun, fast, and fair. With Carvana, customers can find a car, get financing, trade-in, and complete a purchase entirely online with the convenience of delivery or local pick-up as soon as the same day. Carvana’s unique offering is powered by its passionate team, differentiated national infrastructure, and purpose-built technology.

For more information, please visit www.carvana.com.

About ADESA

ADESA is a leader in wholesale auto, providing comprehensive remarketing and logistics solutions that help OEMs, financial institutions, fleets, and dealers source, sell and manage cars efficiently and profitably. ADESA customers across the country enjoy access to its extensive physical auction network, robust digital offerings, and value-added services. ADESA is owned by leading online automotive retailer Carvana (NYSE: CVNA). Learn more about ADESA here.

MEDIA CONTACT:

Carvana Communications

press@carvana.com

Source: Carvana Co.

FAQ

How many new jobs will Carvana's Phoenix Megasite integration create?

The integration is expected to create approximately 200 new entry level and skilled jobs over time in the Chandler area.

What is the size of Carvana's new ADESA Phoenix facility?

The site spans nearly 100 acres and features over 5,000 parking spaces.

How will the CVNA Megasite integration benefit local customers?

Local buyers will have access to same or next-day vehicle delivery options and an expanded inventory pool, while wholesale customers retain full auction functionality with enhanced reconditioning operations.

What technology will Carvana implement at the ADESA Phoenix location?

The site will implement Carvana's proprietary CARLI software to support efficiency, scalability, and consistency across its IRC network.
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