STOCK TITAN
The best stock market news and trading tools all in one place—your must-have platform for investing success.
A must-have platform for stock market information, offering the best tools and updates to supercharge your trading.
Your trusted source for the best stock market news, trading tools, and expert advice. Everything traders need, in one place.

Carvana Arrives in Oregon with The New Way to Buy a Car®

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Carvana (NYSE: CVNA) has launched its services in the Pacific Northwest, providing touchless home delivery to residents in the Portland area. Customers can now choose from over 30,000 used vehicles, utilize auto financing, and sell their current vehicles with quick offers. Carvana emphasizes a hassle-free experience by eliminating hidden fees and offering a seven-day return policy. With this expansion, Carvana serves 280 cities nationwide, focusing on efficient, transparent, and convenient car buying.

Positive
  • Expansion to Portland marks Carvana's 280th market, enhancing its national reach.
  • Offers over 30,000 vehicles, promoting consumer choice.
  • Introduces touchless home delivery, improving customer convenience.
  • No hidden fees reported, enhancing customer trust.
  • Seven-day return policy provides customers peace of mind.
Negative
  • None.

Carvana (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, has arrived in the Pacific Northwest, debuting as-soon-as-next-day touchless home delivery to Portland area residents. Customers can shop through an inventory of more than 30,000 used cars for sale, secure auto financing, trade in, and schedule as-soon-as-next-day vehicle delivery in as little as five minutes. Customers can also sell their current vehicle to Carvana and receive a real offer in minutes, whether or not they are purchasing a vehicle.

Carvana launches in Oregon, bringing The New Way to Buy a Car® to Portland, its 280th market. (Photo: Business Wire)

Carvana launches in Oregon, bringing The New Way to Buy a Car® to Portland, its 280th market. (Photo: Business Wire)

Carvana customers save valuable time and money with The New Way to Buy a Car® by skipping the dealership and shopping online. And Carvana never charges hidden, bogus fees like “documentation fees,” which can often be added to the price of a vehicle at the last minute. Customers looking to trade in their vehicle, or sell a vehicle, can also skip the dealership by simply entering their VIN or license plate number on Carvana.com, answer a few questions and Carvana can pick up the vehicle and bring them a check, as soon as the next day.

All 30,000+ vehicles in Carvana’s national inventory are photographed in 360 degrees, so customers get a high-definition virtual tour, along with the peace of mind of a seven-day return policy. An upgrade to the traditional test drive, living with the vehicle for seven days gives customers the time to ensure their vehicle fits their needs. Customers can see how they handle a trip through Mt. Hood National Forest, or how it fits a weekly haul from the Portland Farmers Market.

“As we grow to cover more of the U.S. population, we’re confident Portland area residents will embrace the efficiency, transparency, and ease that comes with our car buying and selling experience,” said Ernie Garcia, founder and CEO of Carvana. “Our debut in the Pacific Northwest today ensures we’re continuing to reach as many people as possible with The New Way to Buy a Car®.”

Carvana now offers as-soon-as-next-day vehicle delivery to customers in 280 cities across the U.S.

About Carvana (NYSE: CVNA)

Founded in 2012 and based in Phoenix, Carvana’s (NYSE: CVNA) mission is to change the way people buy cars. By removing the traditional dealership infrastructure and replacing it with technology and exceptional customer service, Carvana offers consumers an intuitive and convenient online car buying and financing platform. Carvana.com enables consumers to quickly and easily shop more than 20,000 vehicles, finance, trade-in or sell their current vehicle to Carvana, sign contracts, and schedule as-soon-as-next-day delivery or pickup at one of Carvana’s patented, automated Car Vending Machines.

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

FAQ

When did Carvana launch in Portland, Oregon?

Carvana launched its services in Portland, Oregon, recently as part of its expansion to the Pacific Northwest.

What services does Carvana offer in Portland?

In Portland, Carvana offers a selection of over 30,000 used cars, auto financing, and next-day vehicle delivery.

How many markets does Carvana serve now?

Carvana now operates in 280 cities across the United States.

What is Carvana's return policy?

Carvana provides a seven-day return policy for customers to ensure their vehicle meets their needs.

Does Carvana have hidden fees?

Carvana does not charge hidden fees, which is part of its commitment to transparency in the car buying process.

Carvana Co.

NYSE:CVNA

CVNA Rankings

CVNA Latest News

CVNA Stock Data

33.07B
123.86M
2.86%
93.2%
10.41%
Auto & Truck Dealerships
Retail-auto Dealers & Gasoline Stations
Link
United States of America
TEMPE