![]() ![]() If you choose either of the latter, you can avoid the costly fee. Or you can have your vehicle shipped to a car vending machine or a storefront location. But this added convenience comes at a cost. Like Shift, Carvana offers delivery to your doorstep. Choose Carvana if you want to avoid delivery fees So, it could be ideal if you prefer to shop around for financing on your own to find the best deal. Depending on the lender you match with, you could get your next vehicle with 0 percent down. This requirement isn’t mandatory with Shift. Carvana also accepts outside financing but limits the banks and credit unions you can use.įurthermore, Carvana requires borrowers to make a down payment when securing a loan. Choose Shift for more flexible financingīuyers have the option to finance through Shift partner lenders or another lender. Still, Shift offers more flexibility in terms of financing options, while Carvana has options to help you save on delivery fees. Shift and Carvana offer delivery to your doorstep, and you can choose to finance through the platforms or use your own bank. Must purchase a used vehicle from Carvana’s inventoryįinancing and shopping unavailable in Alaska and Hawaii.Financing accessible to credit-challenged borrowersĪvoid a delivery fee by picking your car up yourself.And there’s a seven-day money-back guarantee if you want to return the vehicle. (This amount increases to $350 for non-preferred locations). Remember that a $100 deductible applies for repairs made at preferred facilities. When you purchase through the platform, you’ll get a limited warranty spanning 100 days or 4,189 miles - whichever is sooner. If you choose an outside lender, be aware that Carvana doesn’t work with many major banks and auto lenders. Like Shift, you won’t be able to negotiate prices or rates. If you’re at least 18 years old, have no bankruptcies and make at least $4,000 a year, you may still qualify for a loan even with bad credit. And it claims good credit isn’t always required to qualify for financing. Unlike most online car-buying platforms (such as Shift and Vroom), Carvana finances loans through a single lender: Bridgecrest. The platform lets you shop quickly and check your approval odds without impacting your credit score. Financing is limited to used vehicles listed on Carvana’s website, and you can choose doorstep, vending machine or storefront delivery. Get prequalified without hurting your credit scoreĬarvana is also a one-stop shop for car shopping and financing. Seamless online car shopping and financing process ![]() Plus, each purchase is backed by a seven-day/200-mile return policy if you decide the vehicle doesn’t quite work for you. The upside is you get a 30-day/1,000-mile powertrain warranty if you experience any vehicle issues. And if you don’t like the rate Shift offers, you can’t bargain it down, though you can opt for an outside lender instead. Instead, the sale price must be paid in full to secure the vehicle. However, like most car-buying platforms (including Carvana), Shift does not allow buyers to negotiate. Plus, additional protection plans and gap coverage are available for purchase to help safeguard your investment. You can arrange financing through a Shift lending partner and have the car delivered to you for a fee. Shift is a convenient online platform for buying used cars, with access to thousands of used vehicles. ![]()
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