Thursday, February 7, 2019

Carvana Inks Deal With Bank Of America

Phoenix-based online used vehicle sales site Carvana has inked a deal with Bank of America, to offer up its vehicles to Bank of America's clients, the two companies said this week. According to the companies, Bank of America's digital car shopping and finance platform will add more than 15,000 vehicles to its existing inventory. Financial details of the deal were not announced. The new integration deal lets customers select a vehicle from Carvana, submit an applicatino to Bank of America, and finalize the transaction on Carvana, according to the companies.