Carvana Embraces Texas DMV E-Odometer System To Streamline Car Buying Experience
Portfolio Pulse from Nabaparna Bhattacharya
Carvana Co. (NYSE:CVNA) has adopted the Texas Department of Motor Vehicles' electronic odometer and sales disclosure tool to streamline the car buying process. The tool allows customers to complete their purchases entirely online, eliminating unnecessary paperwork. The company has been serving the Texas market since 2015, assisting almost 200,000 residents in finding their cars. Last month, Carvana launched same-day vehicle delivery in North Carolina.
September 13, 2023 | 2:34 pm
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Carvana's adoption of the e-odometer tool could streamline the car buying process, potentially attracting more customers and boosting sales.
Carvana's adoption of the e-odometer tool is a strategic move to enhance the customer experience by making the car buying process more efficient. This could potentially attract more customers, leading to increased sales and a positive impact on the company's stock.
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