Carvana, one of the top internet commerce platforms for purchasing and selling used cars, recently teamed up with Bank of America to make the vehicle buying experience simpler and easier. Bank of America's online car shopping and financing platform will begin to add over 15,000 Carvana cars to their inventory which will include new and used cars to dealers throughout the country.
“We always want to give our customers an exceptional experience, whether they finance with Carvana or work with their own banks,” said Ernie Garcia, Carvana founder and CEO. “We look forward to introducing even more Bank of America customers to the new way to buy a car now that they can apply their Bank of America financing to our vehicles on the bank’s digital car shopping platform.”
Customers simply visit Bank of America’s digital car shopping tool from a computer or mobile device. Once there, they can select a Carvana vehicle, submit an application to Bank of America for immediate financing terms, finalize the transaction on Carvana.com, and even trade in their current vehicle, all in as little as 10 minutes. Buyers purchasing a Carvana vehicle can take advantage of Carvana’s as-soon-as-next-day delivery and complete their purchase and financing tasks without leaving the comfort of home.
“We launched Bank of America digital car shopping to offer our clients a more convenient and transparent experience – from searching vehicles and dealerships to qualifying for financing all from a desktop or mobile device,” said David Hollodick, Senior Vice President of Consumer Vehicle Lending at Bank of America. “With Carvana vehicles added to our platform, our clients can take the process one step further and finalize a purchase without ever leaving home. We are delighted to bring this unique experience to more of our clients.”
Read more here.
Join us in Bangkok the 19th to the 21st of March for the Property Portal Watch Conference.