Car Buying Tech Co. Unlocks Platform for New Way to Wholesale Vehicles

Carvana Launches Online Direct Purchasing Platform for Industry Buyers to Access Broad, Diverse National Inventory

Carvana

Carvana, the Phoenix-based e-commerce platform for buying and selling used cars, has launched CarvanaACCESS, a direct-purchase platform that gives independent and franchised dealers the ability to buy wholesale vehicles from Carvana. As consumer trade-ins and other wholesale vehicles are processed at Carvana locations across the country, they will be made available on CarvanaACCESS.com in a “timed bid” online auction enabled through a partnership with Manheim Digital. All vehicles on CarvanaACCESS are presented with full condition information and 360-degree imagery, ensuring buyers are informed and armed with detailed information in making their bidding and buying decisions.

“Wholesale has been an important part of our business from the beginning, and much like consumer interest in The New Way to Buy a Car™ has quickly grown over time, so has interest in what we offer to industry customers with our wholesale inventory,” said Scott Wood, senior director of wholesale operations at Carvana. “This direct purchase platform unlocks the full potential of Carvana’s capabilities matched with technology modules from Manheim Digital, creating a whole new way to buy wholesale, directly from Carvana. We look forward to working with even more wholesale customers to provide them with our incredibly diverse inventory and national network.”

CarvanaACCESS is a co-development effort between Carvana and Manheim Auctions. The auction portion of the site is accessible by registered dealers and similar wholesale buyers. CarvanaACCESS users get the earliest access to Carvana’s broad wholesale inventory, including recent retail customer trade-ins, spanning a range of years, models and values. Vehicles are priced to sell, with Carvana wholesale vehicles seeing a 90 percent first run sales rate.

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