CLEVELAND (Aug. 31, 2020) – Fast-growing online auto retailer Carvana is preparing to add to its operations by building a 200,000-square-foot facility in Lorain County. The company expects to invest $23 million and hire 400 new employees, representing an estimated $13 million payroll.
“Carvana has been growing extremely rapidly over the last several years, and we are working to bring The New Way to Buy a Car® to even more customers all the time,” said Brian Boyd, Carvana’s VP of inventory strategy. “As part of our efforts to scale the business, we’re looking forward to working with Lorain County, Elyria Township, and the cities of Elyria and Lorain to open a vehicle inspection and reconditioning center, and becoming a member of the community.”
Known for its easy, transparent online car buying experience, Carvana plans to build an inspection, reconditioning and distribution facility that is strategically positioned within the company’s national logistics network to help service their growing customer base. Carvana allows customers to shop more than 15,000 vehicles on Carvana.com, finance, purchase, then select as-soon-as-next-day touchless home delivery or Car Vending Machine pickup. Carvana vehicles are inspected, reconditioned and photographed in 360-degrees at its inspection centers, like the one planned in Lorain County, so customers get a detailed, high-definition virtual tour of every vehicle. Additionally, every vehicle comes with a 7-day return policy, so the customer can live with their vehicle for a week and ensure it fits their life.
KSM Location Advisors is pleased to have negotiated $640,000 in incentives for Carvana.