ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Carvana Launches Same Day Delivery in Newark Area

Online Auto Retailer’s Same Day Delivery Radius Now Encompasses Approximately 25% of the US Population

Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced its expansion of same day vehicle delivery to select residents of greater Newark, New Jersey. Now Newark area customers can take delivery of a vehicle as soon as the same day they place an order on Carvana.com, and select customers interested in selling their current vehicle to Carvana can also benefit from same day drop-off. With this launch, approximately 25% of the US Population lives within Carvana’s same day delivery radius.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240612343247/en/

Carvana home delivery (Photo: Business Wire)

Carvana home delivery (Photo: Business Wire)

"I was having issues with my vehicle and needed a replacement to get to work. As I was browsing, I noticed Carvana's same-day delivery option, so I decided to give it a try," shared Carvana customer, Sergio G. “It was pretty convenient having the car dropped off at home and honestly cool to see the hauler drive up. My car even arrived two hours earlier than expected, and the paperwork was fast and easy.”

Carvana’s seamless online platform allows customers to browse through one of the largest online selections of high-quality pre-owned vehicles, purchase the vehicle that fits their lifestyle, and in select cases, have it delivered to their doorstep in less than 24 hours. This new offering not only speeds up vehicle delivery for local customers but also offers them access to some of New Jersey buyers’ most sought-after vehicles, such as the Jeep Grand Cherokee, Chevrolet Equinox, Jeep Compass, and the Tesla Model 3.1

"At Carvana, it’s not just about offering more choices but making those choices more accessible and convenient,” says Jacqueline Hearns, Carvana's Senior Director of Market Operations and Expansion. “Our expansion of same day delivery to Newark area residents is a testament to our commitment to continually raising the bar for our customers."

This offering is made possible with the support of Carvana’s first party logistics network and its vast infrastructure, including Carvana inspection and reconditioning centers and ADESA Auction sites. Carvana initially launched same day delivery in Arizona, and continues to expand to more locations across its nationwide footprint.

About Carvana

Carvana’s mission is to change the way people buy and sell cars. Over the past decade, Carvana has revolutionized automotive retail and delighted millions of customers with an offering that is fun, fast, and fair. With Carvana, customers can choose from tens of thousands of vehicles, get financing, trade-in, and complete a purchase entirely online with the convenience of home delivery or local pick up in over 300 U.S. markets. Carvana’s vertically integrated platform is powered by its passionate team, unique national infrastructure, and purpose-built technology. Carvana is a Fortune 500 company and is proud to be recognized by Forbes as one of America’s Best Employers.

For more information, please visit www.carvana.com.

1 Top selling New Jersey vehicles based on Carvana.com sales data for 2024 year-to-date.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  199.34
-8.20 (-3.95%)
AAPL  248.80
-4.09 (-1.62%)
AMD  201.99
-1.78 (-0.87%)
BAC  46.97
-1.27 (-2.63%)
GOOG  273.76
-6.98 (-2.49%)
META  525.72
-21.82 (-3.99%)
MSFT  356.77
-9.20 (-2.51%)
NVDA  167.52
-3.72 (-2.17%)
ORCL  139.66
-3.15 (-2.21%)
TSLA  361.83
-10.28 (-2.76%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.