Industry Press Releases

Carvana Continues Its Geographic Expansion

Tuesday, Oct 27, 2015
Pressreleases

SAN ANTONIO--(BUSINESS WIRE)-- Carvana, the first complete online auto retailer and Forbes 5th Most Promising Company, officially launches in San Antonio and accelerates into its eighth U.S. market. This market expansion now enables San Antonio’s 4.6 million consumers to skip the dealership and experience a better way to buy a car.

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Carvana allows customers to easily and conveniently purchase a certified pre-owned car entirely onli ...

Carvana allows customers to easily and conveniently purchase a certified pre-owned car entirely online - from search to purchase to finance to trade-in - without the pressures and hidden fees associated with dealerships. Additionally, Carvana provides as soon as the next day vehicle delivery, all while saving customers time and an average of $1,681. To ensure complete peace of mind, Carvana also allows customers a 7-Day, No-Questions-Asked Return Policy. (Photo: Business Wire)

Carvana is the only place where a consumer can search for, buy, trade-in and finance a car entirely online. The company’s new location in San Antonio means local consumers within a 100-mile radius of the city center can purchase a vehicle from the comfort of their own home, and have it delivered for free, as soon as the next day. The company also offers additional delivery options to consumers across the country, ensuring nationwide access to the Carvana experience.

“With our San Antonio launch, 49.3 million consumers across the country can now buy a car online and take advantage of Carvana’s free, next day delivery,” said Ernie Garcia, founder and CEO of Carvana. “We’ve seen an incredible response to our innovative business model, and remain dedicated to putting people back in control of the car buying process by removing dealerships, negotiation and high-pressure sales techniques. San Antonio is a key next step in our geographic expansion, and we couldn’t be more excited to be in this market.”

San Antonio marks the fourth city in Texas where Carvana has a physical presence, joining Houston and Austin which launched earlier this month, and Dallas which launched earlier this year. New markets like San Antonio will help satisfy the increasingly high demand for Carvana’s online car buying experience. A recent online Harris Poll of Texas residents age 18 and older found nearly one third of adults would purchase a car 100 percent online.

Fueled by more than $300 million in funding raised to date, Carvana plans to continue its aggressive expansion over the coming months.

To show appreciation for San Antonio’s early adopters who’ve purchased a vehicle through Carvana prior to today’s launch, Carvana is offering to refund the delivery fee they previously paid with their purchase.

About Carvana

Founded in 2013 and based in Phoenix, Ariz., Carvana is the first complete online auto retailer offering vehicle purchase in as little at 11 minutes, with an average savings of $1,681. 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 are accident-free, undergo a 150-point inspection and come with a 100-day/4,189 mile bumper-to-bumper warranty, as well as a 7-Day Test Drive and No-Questions-Asked 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 more information on Carvana, visit www.carvana.com or connect socially on Facebook, Instagram and Twitter.