ST. LOUIS (March 15, 2018) — Carvana, a leading e-commerce platform for buying used cars, and 1st Financial Federal Credit Union, a Missouri-based credit union with over $220 million in assets, today announced a partnership to provide 1st Financial members with a simple, affordable, and convenient car buying solution. 1st Financial is the first credit union in Missouri to partner with Carvana.
The partnership will offer 1st Financial’s more than 34,000 members access to Carvana’s expansive inventory of company-owned, high quality used vehicles, combined with the credit union’s low-rate financing. Members can now easily apply their 1st Financial approvals to Carvana vehicles and enjoy the benefits of a completely seamless online buying process that allows members to have their cars delivered as soon as the next day.
“Our partnership with Carvana is just another example of our commitment to giving members the best products and services to meet their needs. In today’s market, we understand that time is our biggest commodity and what better way to save time then buying your car online? We can’t wait to help our members take advantage of it.” said Michelle Rosner, Chief Lending Officer at 1st Financial.
All 10,000+ vehicles on Carvana.com are Carvana Certified and have passed a rigorous 150-point inspection with all features, imperfections and updated information about open safety recalls listed on the car’s vehicle description page. Financial members also have access to Carvana’s 100-day/4,189-mile limited warranty, as well as its 7-day money back guarantee, which enables customers to return their vehicle and receive a full refund. Auto buyers also receive a free CarFax from Carvana.
For more information about 1st Financial Federal Credit Union, visit www.thebetterwaytobank.org.
About 1st Financial Federal Credit Union
Established in 1968, 1st Financial Federal Credit Union is full-service financial cooperative whose mission is to improve the financial well-being of its members. With assets exceeding $250 million, 1st Financial serves more than 34,000 members. For more information about 1st Financial Federal Credit Union, visit www.thebetterwaytobank.org.
Founded in 2012 and based in Phoenix, Carvana’s (NYSE: CVNA) mission is to change the way people buy cars. By removing the traditional dealership infrastructure and replacing it with technology and exceptional customer service, Carvana offers consumers an intuitive and convenient online automotive retail platform. Carvana.com enables consumers to quickly and easily buy a car online, including finding their preferred vehicle, qualifying for financing, getting a trade-in value, signing contracts, and receiving delivery or pickup of the vehicle from one of Carvana’s proprietary automated Car Vending Machines. For further information on Carvana, visit www.carvana.com.