Carvana

Carvana Co. is an e-commerce platform focused on the online sale of used vehicles. Founded in 2012 in Tempe, Arizona, it offers a fully online, no-haggle buying experience, allowing customers to browse, finance, purchase, and receive vehicles without traditional dealership interactions. Carvana launched its first market in Atlanta in 2013 and has since become known for its innovative Car Vending Machines, which provide a unique vehicle pickup experience. The company operates a tech-driven model that includes sourcing used cars, reconditioning them to meet quality standards, and providing in-house financing. Carvana emphasizes convenience with features like instant financing, trade-ins, and a seven-day return policy. Its focus remains on digital retail and logistics, catering primarily to retail consumers seeking a hassle-free way to buy used cars online.