Carvana Fort Collins (2024)

FAQs

What credit score is needed for Carvana? ›

Carvana does not have a minimum credit score requirement and considers many factors, in addition to traditional credit score, in determining credit offers.

Yes. As long as you are 18 years or older†, make at least $5,100 per year, and have no active bankruptcies, you can finance your purchase through Carvana. To get started, you can fill out the financing application here. Don't worry, filling out the application will not impact your credit!

Can I negotiate my Carvana offer? We do not price match or negotiate our offers. We provide our best offer upfront to create a haggle and hassle-free experience.

Will the offer I receive for my car from Carvana ever change? Your offer from Carvana is valid for 7 days. If the information you provide accurately reflects your vehicle details and condition, your offer will not change. If you submit updated information, we will generate a new offer for you, automatically.

You can upload your 3 most recent, consecutive months of bank statements for your proof of income or address verification. We may also look at bank statements as part of your employment verification. You may be asked to submit bank statements during the purchase process.

Our verifications team will review your order and send a confirmation when the purchase has been approved. Once you receive your vehicle, you'll also have a 7-Day Money Back Guarantee. Registration will be completed for you or we'll provide instructions according to state guidelines. Learn more about our process, here.

Carvana has no minimum cutoff for credit score or credit history, and the required minimum income is low compared to other lenders. However, loan approval will likely come with a very high APR.

If you currently have a loan with us, financing another vehicle with Carvana is a possibility. Please be aware there are a few requirements to qualify, including: Any active loans with Carvana must be in good standing with the first month's payment completed.

Your down payment is due before you schedule your appointment. When you arrive at the payment step in the purchase process, please ensure funds are available before proceeding. If you have a credit on your Carvana account from a previous purchase, you'll see this amount applied.

Key Takeaways: Both Carvana and CarMax advertise no-haggle pricing, but Carvana offers a seamless selling process that helps it come out ahead in our rankings. We give Carvana the edge over CarMax as a car selling website. Our team rates CarMax just slightly ahead of Carvana for its car buying services.

Who pays more than Carvana? ›

It was pretty obvious that CarMax would be the winner here. Offering over $2,600 more than Carvana was one of the factors that led to our choosing them.

Selling your Car to Carvana is easy. It takes around 2 minutes to input your vehicle information and receive a real offer. From there, we ask for documentation to verify ownership, you'll schedule an appointment and determine how you want to receive payment.

Bottom Line. Carvana offers a convenient and hassle-free car buying experience. While the lack of a vehicle test drive might be unsettling to some, Carvana's seven-day return policy can add peace of mind. And if you decide to return your vehicle, the process is so quick that you won't feel like you wasted much time.

Are there any requirements my trade-in must meet to be accepted? Carvana will accept your vehicle if it is newer than 1992, the odometer is in working condition and we are able to safely drive the vehicle. We'll also accept vehicles where the registration has expired (except for California).

If you request a vehicle purchase offer, but you have sold three (3) or more vehicles to Carvana in the immediately preceding twelve (12) months (including any vehicles sold by another member of your household), Carvana reserves the right, in its sole discretion, to rescind and/or not honor such vehicle purchase offer.

We complete a hard inquiry into your credit history during the purchase process.

CarMax® is an auto financing company that uses the FICO® Score.