Carvana Co. (NYSE:CVNA) has adopted the Texas Department of Motor Vehicles (TxDMV) tool – electronic odometer and sales disclosure – designed to make the car buying process more efficient.
The tool, also called the e-odometer, allows customers to complete their purchases entirely online.
Carvana has effectively streamlined the car purchasing process for Texas customers by utilizing the e-odometer feature, eliminating unnecessary paperwork.
Since 2015, Carvana has been serving the Texas market, assisting almost 200,000 residents in finding their cars.
Last month, the company launched same-day vehicle delivery in North Carolina to provide select local customers with a speedy online purchasing service. Under the development, users can buy from a wide selection of pre-owned vehicles, and Carvana can drop off the new car and take the old one away if selling or trading it in.
Read More: Revving Up Convenience: Carvana Unleashes Lightning-Fast Same-Day Car Delivery In North Carolina
Price Action: CVNA shares are trading lower by 3.06% to $49.24 on the last check Wednesday.