Carvana Shares 2020 On the web Motor vehicle Getting Insights and Traits in New Report

PHOENIX–(Organization WIRE)–Mar 19, 2021– Carvana (NYSE: CVNA), the 2nd premier applied auto retailer in the U.S. and top e-commerce platform for purchasing and selling made use of autos, has unveiled its next annual on line vehicle getting report. Soon after an unparalleled year that noticed record e-commerce adoption across the […]

PHOENIX–(Organization WIRE)–Mar 19, 2021–

Carvana (NYSE: CVNA), the 2nd premier applied auto retailer in the U.S. and top e-commerce platform for purchasing and selling made use of autos, has unveiled its next annual on line vehicle getting report. Soon after an unparalleled year that noticed record e-commerce adoption across the board, Carvana examined hundreds of hundreds of buys and thousands and thousands of web site visits to establish insights that manufactured on-line car or truck buying just one of the best tendencies in the U.S. final yr. Hindsight is 20/20, as they say, so Carvana unpacked last year’s information to discover out what is driving customers into 2021.

This press launch functions multimedia. Check out the comprehensive release here: https://www.businesswire.com/news/property/20210319005097/en/

Carvana’s Online Car Customer Report for 2020 highlights the most powerful traits and stats from the 12 months that automotive e-commerce took off—from gross sales metrics to electric motor vehicle adoption, and a lot additional. (Graphic: Small business Wire)

“Car purchasers have been waiting for a safe and sound, clear, and powerful way to buy automobiles on the internet, and the events of 2020 only served speed up the growth that we were currently creating,” stated Ernie Garcia, Carvana founder and CEO. “We’ve examined the information from extra than 244,000 purchases past 12 months, exhibiting some impressive tendencies in on the internet automobile purchasing, and how we’re positioned for a lot more and much more consumers picking to obtain their future automobile online.”

Highlights from the 2020 report contain upticks in electrical automobile (EV) adoption and escalating demand from customers for Teslas in certain. On common, Teslas market just 37 times immediately after acquisition—about 50 % of the time of other automobiles in Carvana’s inventory. The report also addresses previous year’s most well known purchases, which incorporate the Chevrolet Equinox, Honda Civic and Accord, Nissan Rogue, and the Ford F-150. On the full, on line car purchasers are finding more quickly: one particular Carvana motor vehicle was reside on the website for just one minute just before the vehicle was locked for acquire as opposed to the regular four hrs one could shell out at the dealership.

Additional insights and the whole 2020 On the web Car Consumer Report can be identified at: little bit.ly/carbuyerreport

About Carvana (NYSE: CVNA)

Launched in 2012 and primarily based in Phoenix, Carvana’s (NYSE: CVNA) mission is to transform the way persons get autos. By eliminating the standard dealership infrastructure and replacing it with technological innovation and excellent customer company, Carvana gives buyers an intuitive and easy on the net auto purchasing and funding platform. Carvana.com allows buyers to swiftly and easily shop much more than 20,000 vehicles, finance, trade-in or provide their existing car or truck to Carvana, indication contracts, and routine as-soon-as-upcoming-working day shipping and delivery or pickup at 1 of Carvana’s patented, automatic Auto Vending Devices.

For even further info on Carvana, be sure to go to www.carvana.com, or link with us on Facebook, Instagram or Twitter.

See supply variation on businesswire.com:https://www.businesswire.com/news/household/20210319005097/en/

Call: Carvana

Amy O’Hara

pu[email protected]

Key phrase: ARIZONA UNITED STATES NORTH America

Marketplace Key word: Performance & Particular Curiosity On line RETAIL Net OFF-Street Vehicles & SUVS FLEET Management SPECIALTY Alternate Automobiles/FUELS Standard AUTOMOTIVE Engineering AFTERMARKET AUTOMOTIVE RETAIL OTHER AUTOMOTIVE

Supply: Carvana

Copyright Small business Wire 2021.

PUB: 03/19/2021 09:00 AM/DISC: 03/19/2021 09:01 AM

http://www.businesswire.com/information/dwelling/20210319005097/en

Copyright Organization Wire 2021.

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