Carvana Backs Tesla in Fight against Dealerships by Offering First Pre-Owned Tesla

ATLANTA--May 9, 2014: Carvana, the first complete online auto retailer, announces the availability of its first certified pre-owned Tesla. The 2013 Tesla Model S is available for purchase on Carvana.com where interested buyers can take the electric car for a virtual spin, view high-definition 360 degree interior and exterior photos highlighting the vehicle's state-of-the-art features.

The Tesla Model S is the first of several Teslas to be offered through Carvana.com, allowing car buyers to bypass long waiting lists in their home state. As the first online auto retailer to offer car buyers the ability to shop, finance and purchase Teslas 100 percent online, Carvana brings the benefits of its exclusive car buying platform to potential car owners nationwide. Through Carvana.com consumers can elect to have their vehicle shipped directly to their doorstep in as little as 24 hours or opt to pick up their purchase at the nation's first car vending machine in Atlanta.

“We’re excited to offer the first certified pre-owned Tesla that is available for sale and delivery nationwide”, says Ernie Garcia, President of Carvana. “There has been a lot of news recently around the regulatory limitations Tesla has faced selling their cars in certain states, but because of our unique business model we are able to sell pre-owned Tesla’s to anyone, anywhere.”

Due to high consumer demand generated by limited availability, retail prices for pre-owned Teslas are at an all-time high. Carvana's initial Tesla offering retails for $88,000, offering consumers a significant savings against retail market average and comes fully covered by the Carvana Certified 100-day or 4,189 mile bumper-to-bumper warranty and a 7-day "test own" return policy. In addition to the Tesla Model S, Carvana's inventory features a variety of hybrid and FLEX fuel vehicles for consumers seeking environmentally-friendly options at various price points.