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Carvana has introduced new features to simplify the purchase of used electric vehicles (EVs) and plug-in hybrids (PHEVs). The integration of the Clean Vehicle Tax Credit allows eligible customers to apply up to $4,000 in savings directly at checkout, providing immediate financial benefits.
Key Highlights:
- Streamlined shopping process for used EVs and PHEVs
- Integration of the Clean Vehicle Tax Credit at point of sale
- Up to $4,000 in upfront savings for eligible customers
- Automated vehicle eligibility checks for confident shopping
- Expanded inventory of EVs and PHEVs
“Carvana has always believed in using technology to make the car buying process easier, more transparent and more accessible for our customers. By integrating the federal tax credit directly into our ecommerce experience, we are driving convenience and savings for the increasing portion of our customers interested in buying EVs,” said Dan Gill, Chief Product Officer at Carvana.
The automated system now checks vehicle eligibility and applies the Clean Vehicle Tax Credit to the purchase for eligible customers who opt to transfer their credit to Carvana. This allows customers to benefit from up to $4,000 in upfront savings on the vehicle price, which also affects their financing terms.
“The detailed vehicle eligibility checks we’re running behind the scenes help customers shop with confidence while the integrated tax credit savings help customers take advantage of more affordable entry points to the growing EV category,” Gill continued.
Since its inception in 2013, Carvana has been selling EVs, with significant growth in sales as the market for these vehicles expands. The company is committed to increasing its inventory of EVs and PHEVs to meet the diverse needs of its customers at various price points.
For more information on the Clean Vehicle Tax Credit and to explore eligible vehicles, customers can visit Carvana’s website.
About Carvana
Carvana aims to revolutionize the car buying and selling experience. Over the past decade, it has transformed automotive retail, providing a fast, fair, and enjoyable process. Customers can choose from a wide range of vehicles, secure financing, trade in old cars, and complete purchases online with options for home delivery or local pickup in over 300 U.S. markets. Carvana is a Fortune 500 company and has been recognized by Forbes as one of America’s Best Employers. For more information, visit Carvana.
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