Carvana was founded on the principle belief that car buying should be a quick and painless process. By leveraging advances in technology against the costly overhead it takes to maintain a traditional dealership, Carvana is able to transfer savings directly to the customer. By increasing transparency and efficiency, Carvana puts the car buying experience back into the hands of the consumer.
Transparency and technological innovation are two key differentiators between the Carvana experience and the average used car purchase process. Carvana.com features notable advancements in photography, by providing high-definition 360 degree interior and exterior views, where consumers can take a vehicle for a virtual spin. Carvana’s online platform simplifies the financing process by allowing consumers to manipulate down payment and monthly payment options to instantly formulate a payment plan unique to them.
“As the first complete online auto retailer, we pride ourselves on our transparency and ease of use,” President, Ernie Garcia notes. “Customers can experience our patent-pending, state of the art photography system and benefit from a unique and dynamic pricing and finance model so when they come to Carvana, what they see is truly what they get.”
“We have the ambition and fresh perspective of a start-up paired with the experience, infrastructure, and knowledge gained from our prior work and partnership with DriveTime,” says Garcia . “We are excited to introduce an entirely new concept into the car industry and breathe new life into the car buying experience.”
What do you think – would you take this new concept for a spin?