Here are a few of the most interesting Carvana statistics and facts I was able to dig up including revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
Carvana Facts
- Website: Official Website
- Year Founded: 2013
- Headquarters: Tempe, AZ
- Founder(s): Ernie Garcia, Ryan Keeton and Ben Huston
- Current Chief Executive: Ernie Garcia
- App Download (iOS)
- App Download (Android)
What is Carvana?
“We sell cars, but we’re not car salespeople,” is a popular refrain at Carvana. Instead, we provide a seamless online car buying experience for customers from coast-to-coast. Carvana allows customers to browse, finance and purchase more than 15,000 vehicles from the comfort of home or on the go via their mobile device, while also offering the convenience of selling your car to us without ever having to step foot inside a dealership. Customers who purchase with Carvana enjoy the peace of mind that comes with our 7-day return policy, and the sense of security in knowing that each and every Carvana vehicle is Carvana Certified, having passed a rigorous 150-point inspection and has never been in a reported accident. And with the option to choose as-soon-as next-day delivery or pick up from one of our signature Car Vending Machines, the days of spending a Saturday at the dealership are officially over! (source)
Carvana Revenue Totals
Carvana annual net revenue:
- 2019: $3.939 billion
- 2018: $1.955 billion
- 2017: $858 million
- 2016: $365 million
- 2015: $130 million
Carvana annual net income:
- 2019: $364 million net loss
- 2018: $254 million net loss
- 2017: $164 million net loss
- 2016: $93 million net loss
- 2015: $36 million net loss