Tuesday, March 8, 2016

Carvana Expands To Florida

Phoenix, Arizona-based online auto retailer Carvana said today that it has expanded into Orlando, Florida, its first market in that state. Carvana said the expansion will reach more than 225,000 residents in Orlando, extending its nationwide reach to 8.5 million consumers. Carvana offers up free, next day delivery of its vehicles to anyone within 100 miles of its physical locations. Carvana's website lets consumers buy, finance, and trade in ars all without visiting a dealership. The company says it has raised more than $300M in funding so far for its efforts.