Carvana is an online marketplace that allows you to buy and sell cars. Its online platform enables you to filter your search based on specific criteria and features, like price range, vehicle make and model, body type (truck, coupe, SUV), and included features.
The site also offers hyper-specific filters that let you narrow down the selection even further, such as engine type, fuel economy, and transmission type. It also has a variety of pricing options, including cash and financing through its in-house Bridgecrest Acceptance.
It is possible to buy a vehicle directly from the website, but you can also pick it up at one of the company’s 24 car vending machines located around the United States. After purchasing a car, customers receive a specialized token that they can insert into the vending machine to retrieve their pre-purchased vehicle.
Once you’ve inserted your token, the vending machine automatically retrieves the pre-purchased car and slides it into its own garage-style loading bay. Once your car arrives, you can take it for a test drive before signing the final documents. Once you’re satisfied, you can either pay for it with your credit card or leave the token in the vending machine.
Vending machine pickup is a great option for buyers who have small children or pets, as they can pick up their new car from a vending machine instead of having to travel to the dealership. Plus, the company has a seven-day trial period where you can swap out your car if you decide you don’t want it for any reason.
Selling a Car on Carvana is easy to do, as the process begins online. You can submit your information on your trade-in or vehicle for sale, and a representative will contact you to make an offer within minutes. You can then accept the offer, and someone will come to inspect your vehicle. If the vehicle passes inspection, you can receive payment on the spot.
If you want to trade-in your car, it’s important to have all of the necessary paperwork on hand. The company will also need to know the year, make, model, and mileage of the car, along with a detailed description of the car’s condition.
The website also provides a convenient way to check your credit history without involving a third party. You can get a free copy of your credit report from each of the three credit reporting agencies (Equifax, Experian, and TransUnion) when you sign up for an account.
You can also use the website to find out how much your current car is worth if you’re considering trading it in for a new vehicle. If you choose to accept the offer, Carvana will send a hauler to inspect your vehicle and give you a money-on-the-spot offer.
If you’re not completely satisfied with the car, Carvana will return it to you in full. Regardless of whether you’re buying or selling a vehicle, Carvana offers a money-back guarantee on all of its vehicles for a week after delivery. The company gives you that time to test drive your vehicle, so you can make sure it fits your needs and the budget you set for it.