Carvana Opens Car Vending Machine in San Antonio – the Company’s Third Car Vending Machine in Texas

Standing Eight Stories Tall and Holding 30 Cars, Online Auto Retailer
Unveils its Next Car Vending Machine in Alamo City

SAN ANTONIO–(BUSINESS WIRE)–Carvana,
a leading eCommerce platform for buying used cars, announced today the
opening of another one of its proprietary automated Car Vending Machines
in San Antonio, Texas. Only the fourth of its kind in the country,
Carvana’s San Antonio Car Vending Machine introduces an exciting and
unique pick-up experience for customers purchasing a car from the
company online. This launch marks the third signature Car Vending
Machine in Texas, joining Austin and Houston.

Standing eight stories tall, the glass tower matches its Houston
counterpart in size. The San Antonio Car Vending Machine contains four
delivery bays and holds up to 30 cars. Vehicles that have been purchased
from the company’s website are loaded into the tower in advance of the
customer’s pick up date. Carvana customer advocates are available
on-site for support and to help facilitate a personalized and memorable
pick-up experience.

“We’ve been offering our free delivery services in the San Antonio
market for almost a year and a half now, and reception to the Carvana
car buying experience has been great. We are always looking for the next
city to offer our Car Vending Machine pickup experience to, and with the
high adoption rate of the new way to buy a car in San Antonio, it made
sense to offer the unique pickup experience here next,” said Ernie
Garcia, founder and CEO of Carvana. “We can’t wait to deepen our ties
within the San Antonio community through this launch and make customers’
experiences even more memorable.”

By visiting www.carvana.com
on a mobile phone, tablet or computer, customers can search through
Carvana’s online inventory of more than 8,000 vehicles, and buy and
finance a car online in as little as ten minutes. Once the purchase is
complete, customers living within 100 miles of the San Antonio
metropolitan area can choose to receive as-soon-as next-day delivery
service, or opt to pick up their vehicle from one of Carvana’s Car
Vending Machines.

Upon arrival at the Car Vending Machine, customers receive an oversized
Carvana coin to drop into the coin slot, which activates the vending
process. The purchased car is retrieved from the tower and is
robotically moved into the delivery bay on an automated track where the
customer then takes possession. Customers have seven days to test own
the car to ensure it meets all expectations. Within that timeframe, if
customers are not completely satisfied, they can return the car for
whatever reason for a refund.

The San Antonio Car Vending Machine is conveniently located at 5435 N
Loop 1604 W. Hours of operation are Monday through Saturday from 9am to
7pm CST. Vehicle pickup at any of Carvana’s Car Vending Machines is free
for all Carvana customers. For customers that live outside of the San
Antonio local delivery zone who still want to pick up their car at the
Vending Machine, Carvana will subsidize $200 in airfare and arrange
white glove transportation from the San Antonio airport.

To learn more about Carvana and its coin-operated Car Vending Machines,
visit: carvana.com/vendingmachine.

About Carvana

Founded in 2012 and based in Phoenix, Ariz., Carvana’s mission is to
change the way people buy cars. By removing the traditional dealership
infrastructure and replacing it with technology and exceptional customer
service, 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 arranging delivery or
pickup of the vehicle from one of Carvana’s proprietary automated Car
Vending Machines.

For further information on Carvana please visit www.carvana.com,
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Contacts

Carvana
Alison Deffner
Carvana@olson.com