Carvana Debuts Co-Signer Financing in Virginia Beach
Carvana (NYSE: CVNA) has launched a co-signer option for vehicle financing, aimed at helping Virginia Beach customers access better financing terms. This feature allows users to add a co-signer, enhancing their eligibility for lower down payments and interest rates. Customers can apply easily through Carvana's website or app without affecting credit scores. The offering targets new drivers and young adults, supporting their journey to build credit. Carvana continues its growth, recognized as the second largest used automotive retailer in the U.S. and ranked No. 2 on Forbes’ Most Customer-Centric Companies List.
- Launch of co-signer option enhances financing flexibility for customers.
- Enables access to lower down payments, interest rates, and monthly payments.
- Targets new drivers and young adults, fostering credit building.
- Recognized as the second largest used automotive retailer in the U.S.
- Ranked No. 2 on Forbes’ Most Customer-Centric Companies List.
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Customers Can Now Easily Add a Co-signer When Financing with Carvana
Carvana adds new co-signer option for qualified Virginia Beach applicants. (Photo: Business Wire)
Adding a co-signer couldn’t be easier. Customers can simply apply alongside their co-signer and include the co-signer’s information on Carvana’s website or app. Customers will see their financing terms—both with and without their co-signer—in a matter of seconds with no impact to either individual’s credit score. If eligible customers want to move forward with a co-signer, Carvana collects driver’s licenses and other documents from both individuals and schedules a delivery where both individuals must be present to check out the new ride.
“Since day one, Carvana’s core values have guided our mission of creating a better car buying and selling experience for people and we’re thrilled to launch our co-signer offering during a time when the opportunity to help customers is bigger than ever,” says
Carvana’s co-signer option allows customers to apply for vehicle financing with another individual—like a parent, child, partner or family member—as an option to help unlock more attractive financing terms. This benefit is ideal for new drivers or young adults, especially those looking to build up their credit scores as fall semesters begin or as they get started in their career. This offering also benefits couples or family members looking to expand their selection of affordable inventory, as well as anyone who wants the best possible financing offer to purchase their next car. Carvana co-signer financing is available to qualified Virginia Beach customers before its official nationwide launch.
Carvana was named the No. 2 automotive brand in the
About Carvana (NYSE: CVNA)
Founded in 2012 and based in
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View source version on businesswire.com: https://www.businesswire.com/news/home/20220907006121/en/
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Source: Carvana
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