Carvana

Founded in 2013 and based in Phoenix, Ariz., Carvana's mission is to give customers a better car-buying experience by removing the dealership infrastructure and replacing it with technology and exceptional customer service. By leveraging e-commerce technology, Carvana has transformed car buying, creating a start-to-finish online shopping platform that has allowed customers to complete their purchase in less than 15 minutes, and in 2016, saved customers an average of $1,461 per purchase versus Kelley Blue Book's suggested retail price. Additionally, Carvana launched the world's first-ever automated, coin-operated Car Vending Machine in Nashville, Tenn. Carvana offers consumers an intuitive and convenient online automotive retail platform, with a fully transactional website that enables consumers to quickly and easily buy a car online, including finding their preferred vehicle, qualifying for financing, completing the purchase and loan with signed contracts, and receiving delivery or pickup of the vehicle as soon as the next day. Carvana cars are guaranteed to be accident-free, undergo a rigorous 150-point inspection, and feature a 100-day/4,189-mile bumper-to-bumper warranty, as well as a 7-Day Test Own period during which customers can return their car for any reason for a full refund. Carvana continues to revolutionize the car-buying process through technology, transparency and great customer service, while eliminating the pressure, hassles and hidden fees that come with buying from a dealership.