The application process with Carvana begins with pre-qualification. This lets you check your potential rates and terms without hurting your credit. It’s done entirely online and only takes a few minutes to complete.
To get started, provide some basic personal information, such as your full name, date of birth, and address. Carvana will then ask for your annual income and current employment status. From there, create an account using your email address and a unique password.
Once you’ve pre-qualified, the terms you receive will be valid for up to 45 days. This gives you the chance to shop around and inspect the different vehicles online without having to rush.
If you choose to finance through Carvana, the next step is to complete the official application. Start by choosing the preowned vehicle you want to purchase and select whether you’ll pick it up or want it delivered. Carvana will then perform a hard credit check and verify your information. As long as everything’s in order, you’ll be approved for financing and can accept – or decline – the terms.