Carvana has partnered with Bank of America, and its financing arm, to offer a digital car buying platform, the company announced.
The Bank of America digital car shopping and financing platform will now add more than 15,000 Carvana vehicles to its existing inventory of both new and used vehicles, Carvana noted.
To use the platform, buyers will only need to visit Bank of America's digital car shopping tool, select a vehicle, submit an application, and will receive immediate financing terms. The transaction will then be finalized on Carvana.com.
All Carvana vehicles come with a seven-day return policy and have undergone a 150-point inspection.