Carvana (NYSE: CVNA), the leading e-commerce platform for buying and selling cars, today announced plans to bring Inspection and Reconditioning Center (IRC) capabilities to its existing ADESA Orlando wholesale auction site in Sanford, Fla. The integration adds reconditioning capacity and a new inventory pool to Carvana’s network that builds selection for retail customers nationwide, brings more vehicles eligible for same-day delivery to Central Florida car buyers, and provides a more robust offering for local wholesale customers.

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Carvana Brings Inspection and Reconditioning Center Capabilities to ADESA Orlando

Carvana Brings Inspection and Reconditioning Center Capabilities to ADESA Orlando

“Bringing IRC capabilities to ADESA Orlando will expand our reconditioning capacity and help us deliver greater selection and faster delivery to customers across Florida,” said Brian Boyd, Senior Vice President of Inventory at Carvana. “We’re excited to grow our local team and enhance our offering for retail and wholesale customers as we bring new capabilities to the site.”

Carvana has already begun hiring local team members to support this move and expects the integration to create about 100 new good-paying, skilled and entry-level jobs in inspection, reconditioning, and vehicle fulfillment over time. These roles require no college degree and come with comprehensive benefits. Candidates can browse open positions and apply here.

“Carvana’s continued investment in Sanford is creating new opportunities for Seminole County residents and supporting our local economy,” said Florida Senate President Pro Tempore Jason Brodeur. “The addition of approximately 100 jobs across a range of skill and experience levels builds on the company’s presence in our community and creates more pathways for Floridians to grow their careers.”

ADESA Orlando has served wholesale auto auction customers for over 30 years. Now the facility will also house the teams and tools that drive Carvana retail reconditioning and fulfillment. The approximately 65-acre site includes over 3,000 parking spaces and offers significant infrastructure to support IRC operations alongside ongoing wholesale auction activities.

The integration will establish a new pool of local retail inventory, giving customers access to a broader selection of vehicles with delivery options available as soon as the same day. Wholesale buyers will benefit from enhanced on-site inspection and reconditioning capabilities, as well as ongoing access to ADESA’s in-lane and digital auction services.

Carvana’s proprietary software platform, CARLI, will power the site’s transition to an IRC-enabled facility, supporting operational efficiency and consistency across its national reconditioning network.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be preceded by, followed by or include the words “aim,” “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “likely,” “outlook,” “plan,” “potential,” “project,” “projection,” “seek,” “can,” “could,” “may,” “should,” “would,” “will,” similar expressions, and the negatives thereof. Forward-looking statements reflect Carvana’s current expectations and projections, and include all statements that are not historical facts, including expectations regarding the expected integration of IRC capabilities at ADESA Orlando and the anticipated benefits therefrom, our strategy, forecasted results, potential infrastructure capacity utilization, efficiency gains, the expected capabilities and performance of Carvana’s CARLI platform, future staffing needs and hiring plans, and growth opportunities. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Among these factors are risks related to: Carvana’s ability to successfully integrate IRC capabilities at the ADESA Orlando site on anticipated timelines and budgets and to realize the expected benefits thereof; Carvana’s ability to utilize its available infrastructure capacity; the ability to attract, hire, train, and retain qualified personnel; the larger automotive ecosystem, including consumer demand, global supply chain challenges, vehicle pricing, and other macroeconomic issues (including with respect to the impact of tariffs on our business); our ability to effectively manage our rapid growth and maintain customer service quality, reputational integrity, and brand recognition; seasonal and other fluctuations in our operating results; our relationship with DriveTime and its affiliates; our highly competitive industry; our use of artificial intelligence; and the other risks identified under the “Risk Factors” section in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025. There is no assurance that any forward-looking statements will materialize. You are cautioned not to place undue reliance on forward-looking statements, which reflect expectations only as of this date. Carvana does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise.

About Carvana

Carvana’s mission is to change the way people buy and sell cars. Since launching in 2013, more than 4 million customers have chosen Carvana’s leading automotive e-commerce experience to shop, sell, finance, and trade in vehicles entirely online, with the convenience of delivery or local pickup as soon as the same day. Carvana’s unique offering is powered by its passionate team, differentiated national infrastructure, and purpose-built technology.

For more information, please visit Carvana.com.

About ADESA

ADESA is a leader in wholesale auto, providing comprehensive remarketing and logistics solutions that help OEMs, financial institutions, fleets, and dealers source, sell and manage cars efficiently and profitably. ADESA customers across the country enjoy access to its extensive physical auction network, robust digital offerings, and value-added services. ADESA is owned by leading online automotive retailer Carvana (NYSE: CVNA). Learn more about ADESA here.

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