Carvana revolutionized the online car purchase industry when it launched in 2012, providing a nationwide platform for purchasing vehicles over the internet. If you are looking to purchase a car online, Carvana is a highly recommended option, although it is not the sole option available. Examine these other Carvana Competitors & alternatives before to reaching a conclusion.
1) Vroom
Vroom is an online car dealership that allows users to purchase, finance, and trade in used and certified pre-owned vehicles completely online. The company was formed in 2013 to make the car-buying process as simple and stress-free as possible.
To do this, Vroom provides a variety of services to its consumers. Customers can explore a large range of used and certified pre-owned vehicles on its platform, which includes cars, trucks, and SUVs. They can also use Vroom’s financing options to purchase the automobile they want. Vroom does not have its own financing arm, but does provide financing through a network of third-party lenders. This gives clients more options for financing their automobile purchases.
In addition to financing alternatives, Vroom allows consumers to trade in their existing automobiles during the car-buying process. Customers can receive a trade-in value for their present vehicle, which can be used to acquire a new vehicle through Vroom’s platform.
Vroom also boasts a seven-day return period for its vehicles, giving clients piece of mind when buying a used car. If a consumer is dissatisfied with their purchase, they may return it within seven days for a full refund.
If you’re looking for a new set of wheels but don’t want to break the bank, Vroom could be the way to go. Unlike Carvana, Vroom’s ads do not include monthly payment projections, but it does offer financing options to assist you get behind the wheel of your ideal car. And, with flexible pricing on leading manufacturers such as Toyota and Chevrolet, you can have a new set of wheels for under $7,500.
2) CarMax
CarMax is without a doubt Carvana’s biggest rival in the US. It calls itself “the nation’s largest retailer of used autos” and says it has “more than 220 locations across the country to meet customers wherever they are.” On its website, CarMax does a lot of study and lists the best new and used cars, electric cars, sports cars, best-sellers, and other things.
Some people might be hesitant to buy a car online, but CarMax’s “Love it or return it” 30-day money-back promise (up to 1,500 miles) can help them feel better. Also, CarMax mixes the online experience with real-life test drives that you can take home and use for 24 hours before you buy.
CarMax has a big yellow button that says “Shop with Budget.” This button lets shoppers know that the platform can work within their set price range. In addition, CarMax helps buyers find a number of financing options right on their website.
We looked for reviews of CarMax on TrustPilot. CarMax only has 1.8 out of 5 stars, which isn’t exactly a glowing recommendation. Recent reviews, which were either 1 stars or 5 stars, were either raving or ranting, showing that CarMax seems to have an effect on both its users and reviewers that is very divisive.
People who have written bad reviews about CarMax often say that they get low deals on cars and that problems with the cars they buy are not reported. Some reviews seemed a little better for purchases made in-store, which could be because potential buyers could look at the cars themselves.
One benefit of CarMax is that it has a network of physical lots across the country, which is something that Carvana and the other online-only choices don’t have.
It’s possible that people either love or hate CarMax, but one thing is for sure: it has made an impact on people. If you do buy from CarMax online, you could have a third-party repair look over the car. You can also use the money-back guarantee if the car doesn’t meet your needs.
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3) AutoTempest
Let’s move on to something totally different. AutoTempest is not a car dealer in the traditional sense. Instead, it is a website that presents “millions of listings from dealers and private sellers, showing all the results for your search” from all of their listing partners.
You don’t have to go to six different websites one after the other when AutoTempest can “capture all the results in a single search.” Some big e-dealer sites that AutoTempest doesn’t (yet) work with will even have comparison links on their page.
AutoTempest will show results from major used car sites, like Carvana, as well as more general marketplaces like eBay and CraigsList, after users enter basic search criteria for new or used cars. AutoTempest can also search the Internet and give results for people who want to sell their own cars, or users can just look through car reviews. AutoTempest also has a helpful guide on how to get the most money when you sell a used car online, which is a nice touch.
An generator like AutoTemptest might be hard to get around at first. The sheer number of results from a simple search could be too much to handle. Another thing is that AutoTemptest might not hold your hand through funding and other parts of the online car buying process like some of the other companies on this list do. Still, AutoTempest will give you a flood of results if you’re a smarter, more experienced online shopper who wants to see what many sites have to offer at once. That way, you can probably pick the best ones and skip the rest.
AutoTempest was on TrustPilot as of August 15, 2022, but there were no reviews yet. Just like with any other website where you can buy and sell things, be careful and check twice, or even three times, before you buy something.
4) CarGurus
CarGurus is an internet car marketplace where people can buy and sell cars. The business gives its clients a lot of tools, like a car search engine, a list of cars, reviews of those cars, and more.
It was started by Langley Eide and his wife Sarah Paley in 2006. They were shopping for a new car because they had just moved to the Boston area. They were unhappy with the way they bought their car, so they set out to make it better.
Since the beginning, CarGurus has been growing very quickly. You can join the company in more than 40 countries and have more than 30 million users.
CarGurus is different from other sites for getting cars because it focuses on being open and honest. People can get all the information they need from the company to make an intelligent choice about their next car.
CarGurus also gives its users a lot of different tools. There is a car price calculator, an affordable car calculator, and more in this set of tools.
Customers can easily, quickly, and safely buy and sell cars on CarGurus, a website where people can do both. It’s easy to find and get a great deal on a car with CarGurus.
CarGurus is the best place to start your search for a new or used car. On CarGurus, you can find a huge selection of cars from stores and private sellers all over the US.
You can find the best deals on cars on CarGurus. You can be sure that CarGurus will help you save a lot of money on your next car.
Carvana was started about seven years before CarGurus, which gives them a big edge in the market. Carvana mostly sells used cars, but they also have some new cars for sale.
But Carvana is ranked 71st in the Internet field, while CarGurus is ranked 6th in this area. For many reasons, CarGurus is the most dangerous rival to Carvana.
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5) Auto Trader Group
It is one of the best places to buy and sell new and used cars online. The marketplace also has certified pre-owned cars for sale from both private buyers and dealers.
ATG (Auto Trader Group), which has more than 800 workers, made $344 million in FY 2021. The company’s main advantage over Carvana is that it has reliable information for customers.
Plus, the website gives both shopping suggestions and reviews of cars. People can find accurate information about insurance and car loans with the help of comparison tools.
ATG is better than Carvana because it knows how to work with the internet market.
6) AutoNation
AutoNation, headquartered in Fort Lauderdale, Florida, provides new and used vehicles as well as related services throughout the United States. It has 300+ retail locations in 18 states.
Since its establishment, the company has purchased numerous vehicle rental companies, including Snappy vehicle Rental, Value Rent-A-Car, National Car Rental, and Spirit Rent-A-Car. Today, it is a Fortune 500 company with over 21,000 employees and has sold and serviced vehicles for over 13 million consumers.
Every vehicle includes a thorough 125-point safety inspection report, a CARFAX vehicle history check, a 5-day or 250-mile money-back guarantee, and a limited warranty.
The corporation also operates an extensive service and repair network. They hire qualified professionals and well-trained workers to service and repair your vehicles. They even guarantee every repair for a year or 12,000 miles.
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7) TrueCar
TrueCar is an online marketplace for car buyers and sellers. The company was formed in 2005 to make the car-buying experience as transparent and stress-free as possible. To do this, TrueCar provides a variety of services to its clients, including a pricing tool that assists buyers in getting a decent deal on a vehicle and a network of TrueCar-certified dealers who provide fair pricing and a hassle-free experience.
One of the primary distinctions between TrueCar and Carvana is that TrueCar concentrates on assisting consumers in getting a good bargain on a vehicle, whereas Carvana focuses on providing a convenient and stress-free car-buying experience. TrueCar’s pricing tool shows buyers the average price paid for a specific make and model in their area, allowing them to negotiate a reasonable price when buying a vehicle. TrueCar also boasts a network of TrueCar-certified dealers who provide reasonable prices and a hassle-free experience.
8) eBay Motors
eBay Motors is an online portal that facilitates the purchase and sale of vehicles. The platform is a component of the broader eBay marketplace, which enables users to purchase and sell a diverse selection of products, including automobiles. eBay Motors provides a variety of services to assist buyers and vendors in the car-buying process, such as financing and trade-in programs.
Carvana is a direct-to-consumer car retailer, while eBay Motors is a platform for purchasing and selling vehicles from individuals and dealers. This is one of the primary distinctions between the two.
eBay Motors is a more established platform, having been in operation since 1995, which is another distinction. This implies that it has a more established reputation in the industry and a broader selection of vehicles available for purchase. Nevertheless, it is crucial to acknowledge that eBay Motors does not directly own or sell the vehicles, which means it does not have the same level of control over the quality of the vehicles listed on its platform as Carvana. In other words, buyers may require additional investigation and due diligence when purchasing a vehicle on eBay Motors.
For individuals who are interested in browsing and purchasing vehicles from a diverse selection of vendors, eBay Motors is a reliable alternative to Carvana. It is a dependable and convenient option for car purchasers due to its more extensive inventory of vehicles and more established reputation. Nevertheless, purchasers may need to conduct additional research and exercise greater caution when purchasing a vehicle on eBay Motors, as the platform does not have the same level of control over the quality of its vehicles as Carvana.
9) Cazoo
Cazoo is an online used car dealership that provides a hassle-free purchasing experience and a diverse selection of vehicles. Cazoo was established in 2018 and initially operated in the United Kingdom, Germany, France, Spain, and Italy. Cazoo is a prominent online used vehicle dealership in Europe that is rapidly expanding throughout the continent.
A wide selection of used cars from a variety of brands and price points are available on Cazoo. Qualified mechanics inspect and certify Cazoo’s automobiles, which are backed by a seven-day money-back guarantee. Additionally, Cazoo provides a variety of financing options that are designed to make the process of purchasing a car more affordable.
Cazoo is dedicated to simplifying and streamlining the process of purchasing a pre-owned vehicle. Cazoo’s website is user-friendly, and customers have the ability to search for vehicles by make, model, price, and location. Customers have the option to either schedule a test drive or purchase the vehicle outright once they have identified a vehicle that piques their interest.
Cazoo provides consumers with all the necessary information to make an informed decision about their purchase and provides a hassle-free buying experience. Cazoo’s customer service team is accessible seven days a week to address inquiries and offer assistance.
Cazoo offers a convenient and stress-free method of purchasing a pre-owned vehicle. Cazoo provides exceptional customer service, a diverse array of pre-owned automobiles, and adaptable financing options.
This acquisition will expedite Cazoo’s expansion into the online purchasing and selling of commercial vehicles, granting it a competitive edge over Carvana.
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10) ACV Auctions
ACV Auctions is a competitor of Carvana that is revolutionizing the online car-selling industry. It is probable that you are acquainted with Carvana if you are in the market for a new vehicle. Carvana is an online automobile purchasing service that has transformed the process of purchasing vehicles. However, what happens when you are prepared to sell your vehicle? That’s where ACV Auctions comes in.
ACV Auctions is an online marketplace that facilitates the purchase and sale of pre-owned vehicles. In contrast to Carvana, which is exclusively dedicated to the acquisition of automobiles, ACV Auctions enable users to purchase and sell vehicles online.
What distinguishes ACV Auctions from other online car-selling platforms? To begin, ACV Auctions provides a live auction format that is comparable to that of a conventional car dealership. This enables buyers to inspect the vehicle in person prior to making a purchase and to engage in real-time negotiations with the merchant.
One significant distinction between ACV Auctions and other auction houses is that vendors are not obligated to list their vehicles at a predetermined price. The vendors are permitted to establish any price they deem appropriate at the commencement of the bidding process. Consequently, buyers can secure more favorable offers on pre-owned vehicles, while sellers can secure the most favorable price.
Finally, ACV Auctions offers a financing option that is pre-installed, allowing customers to acquire the vehicle they desire without the need to secure a loan. If you are in search of an innovative approach to purchasing or disposing of a pre-owned vehicle, ACV Auctions is a site that is well worth investigating.
The company asserts that ACV Auctions is the most advantageous Carvana option for wholesale used cars, with an average of over 110,000 automobiles sold each quarter.
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11) DriveTime
DriveTime is a car retailer that operates directly with consumers and specializes in the sale of pre-owned vehicles. The organization was established in 2002 and has since developed into a respected and widely recognized brand within the automotive sector. DriveTime provides a variety of services to assist customers in the car-buying process, such as financing options and a five-day return policy.
DriveTime is a used car retailer, whereas Carvana is a direct-to-consumer car retailer that sells both new and used vehicles. This is a significant distinction between the two companies. In essence, DriveTime exclusively distributes used vehicles, whereas Carvana provides a more extensive selection of both new and used vehicles.
DriveTime operates an extensive network of retail locations throughout the United States and represents a diverse selection of automobile manufacturers and models. The company had 3,800 employees and reported revenues of $1.4 billion in 2021. DriveTime is a convenient and dependable option for car purchasers due to its 5-day return policy and financing options. However, it is crucial to acknowledge that the company exclusively deals with used cars.
Final Thoughts
In the used car market, there are many companies that can be regarded as carvana competitors and alternatives. These organizations provide a variety of services and operate under various business structures, such as auction platforms, dealership chains, and online marketplaces. CarMax, Cars.com, CarGurus, and eBay Motors are among the most prominent competitors and alternatives to Carvana. When selecting the most suitable option for a car buyer, it is important to take into account their specific requirements and preferences, as each of these companies provides a distinctive set of features and services.
