Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. The company's platform allows customers to research and identify a vehicle; inspect it using company's 360-degree vehicle imaging technology; obtain financing and warranty coverage; purchase the vehicle; and schedule delivery or pick-up from their desktop or mobile devices. Carvana Co. was founded in 2012 and is headquartered in Tempe, Arizona.

Carvana Co.

Carvana (NYSE: CVNA) is an industry pioneer for buying and selling used vehicles online. As the fastest growing used automotive retailer in U.S. history, its proven, customer-first ecommerce model has positively impacted millions of people's lives through more convenient, accessible and transparent experiences. Carvana.com allows someone to purchase a vehicle from the comfort of their home, completing the entire process online, benefiting from a 7-day money back guarantee, home delivery, nationwide inventory selection and more. Customers also have the option to sell or trade-in their vehicle across all Carvana locations, including its patented Car Vending Machines, in more than 300 U.S. markets. Carvana brings a continued focus on people-first values, industry-leading customer care, technology and innovation, and is the No. 2 automotive brand in the U.S., only behind Ford, on the Forbes 2022 Most Customer-Centric Companies List. Carvana is one of the four fastest companies to make the Fortune 500 and for more information, please visit www.carvana.com and follow us @Carvana.

Carvana also encourages investors to visit its Investor Relations website as financial and other company information is posted.

Ally Financial

JPMorgan Chase & Co.

Citi

Y Combinator

Carvana

We never get tired of driving our ATL customers happy 😎

What are Carvana’s best-selling EVs of 2023? Let's take a look:

1. Tesla Model 3 
2. Nissan LEAF 
3. Tesla Model Y
4. BMW i3 
5. Chevrolet Volt 
6. Tesla Model S 
7. Tesla Model X
8. Ford Mustang MACH-E 
9. Volkswagen e-Golf 
10. Chevrolet Bolt EV  

EVs are more popular than ever – EVs held a 7.6% share of the US auto market in 2023, up from 5.9% in 2022, according to data from Kelley Blue Book. Most people know there are significant tax incentives for purchasing a new EV, but used EV buyers can also benefit from the Federal Used Clean Vehicle Tax. 

To learn more about eligibility requirements for the Federal Used Clean Vehicle Tax and see hundreds of qualifying cars, visit https://lnkd.in/eFhxwJmT.

In 2023, Carvana sold 57 different EV makes and models, up 29% year over year. According to J.D. Power’s 2023 U.S. Electric Vehicle Consideration Study, the percentage of consumers who say they are “overall likely” to consider purchasing an EV has steadily increased year over year, currently standing at 61%. 

“We are dedicated to building an inventory that reflects our customers’ tastes and preferences, and this includes increasing our selection of electric vehicles as more models come to market and more consumers choose to buy cars in this category,” said Brian Boyd, Senior Vice President of Inventory. “We are focused on building selection across all price points to make used EVs as accessible as possible to all interested customers.”

What’s your favorite EV from our best-seller’s list? We’d love to hear in the comments. 

To stay up-to-date with everything Carvana, visit: https://lnkd.in/erE-dxYH


#EVs #electric #electricvehicles #EV #auto #car #cars #carsales #list #top10 #news #carvana #tax #taxes #taxseason

As 2024 kicks off, let’s look at the fun we had in 2023!

Being a Force for Good

Carvana Cares, our initiative to spotlight employee and community passion projects, helps us give back to the people who make Carvana, Carvana. From Dining in the Dark with the Arizona chapter of the Foundation Fighting Blindness to helping the wonderful folks at Chicken N Pickle host a mobility awareness clinic, we were lucky enough to meet and help a lot of amazing people this year. When Veteran’s Day rolled around, we showed our love by expanding on our Service for Your Service initiative that debuted in 2022, helping 50 vets get some much-needed car repairs with the help of our partners at We Fix It Auto Repair. 

To celebrate the Haulerdays as the year drew to a close, we partnered with Open Hand Atlanta, an organization that supports households by helping put food on the table (along with offering a suite of other community aid services). We gave cars to Open Hand volunteers who go above and beyond for their communities, helping get to their clients more easily as part of our efforts to bring awareness to and combat the transportation gap. 

Collaborating With Our Partners

We’re fortunate to have incredible partners across various industries. We had a ton of fun working with our longtime partner Phoenix Rising Football Club, giving away 750 tickets and over 250 jerseys throughout their season. Then, we made our way down to Daytona Beach, teaming up with racing legend Jimmie Johnson at the Daytona 500. 

We didn’t just put pedal to metal – we also put paddle to ball, partnering with the PPA Tour as their title sponsor and working with athlete Anna Leigh Waters to celebrate her work off and on the court.

But why stop at one sport? We decided to try on triathlete for size, collaborating with NRG Esports team and freeride mountain bike athlete Jaxon Riddle to show out for esports and extreme sports alike. Our athletic endeavors don’t stop there – we also just announced a partnership with the Chicago Fire FC that we couldn’t be more excited about!

The Carvana Team 

None of this work would be possible without our employees. This year, we threw our 8th annual Carvanafest in New York, welcoming over 30 employees and 250 customers for a day filled with grilling, entertainment, and good times. Our teams pitched 55 projects during our annual hackathon, contributing their voices and capabilities to future company initiatives.

Over the course of the year, we nominated 353 employees for internal awards and recognition for their outstanding work putting our customers first. At the end of the year, hundreds of employees attended SPARK, our company conference, to learn more about our plans to make 2024 even better. 

Oh yeah – we also turned 10, so that’s cool. Here’s to doing even more in 2024!

Visit our YT to watch more: https://bit.ly/3NPyKDb

#carvana #charity #2023 #yearinreview #throwback #inspirational

To celebrate the Haulerdays, we partnered with @OpenHandAtlanta to give 3 cars to volunteer drivers. Open Hand is dedicated to making and delivering food to those in need, among other services offered to their clients. To learn more about Open Hand’s mission and the recipients, check out our blog - blog.carvana.com 

#charity #volunteer #holidays #happyholidays #givingback #community #giveaway #car #cars #carvana

Ever wondered how Carvana comes up with the offers it gives customers? This Under the Hood is for you! Today, we explore Carvana Value Tracker, our app that allows users to see just how much we’d pay for their car and receive updated values so they can make the best car-buying and selling decisions. 

#commercial #video #videography #carvana #cvt #carvanavaluetracker #car #carbuying #carselling #tradein #finance

Hauling in the festive vibes! Can't decide between a home delivery from our Haulerdays wrapped hauler, or a pick-up at our decked-out Vending Machine? Hint: neither choice is wrong😉

We’re turning up the heat! We are excited to announce our partnership with Chicago Fire 🔥 #welldriveyouhappy #cf97

6 years, countless memories, and the journey continues in 2024! We're excited to announce that our partnership is set to continue for a 7th season. Stay tuned for more! ⚽🚘 #CarvanaPhoenixRising #Together #TodosRojos

‘Tis the season to be giving. ❄️🚙 In addition to celebrating our favorite time of the year, we also love giving back to communities near and dear to us. This year we’re donating to volunteer drivers across the country. Learn more about how we’re helping close the transportation gap this holiday season by checking out our blog here - https://bit.ly/3O67sHT

From all of us at Carvana, we wish you a Happy Haulerdays®!

You know what time it is, PitStop time! Watch, our host, Kelsey (Senior Manager, Internal Communications and Connection), and Bret Sassenberg (VP, Real Estate, Retail Design & Development) build birdhouses while talking about how the Carvana Vending Machines have evolved over the years, all things real estate, and the creativity within the Carvana Vending Machines across different locations! Check it out!

NYSE:CVNA

Carvana

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22/11 21:00

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PE Ratio

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PFCF: 50.44

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