Carvana announced the launch of new features that make shopping for and buying a used electric vehicle (EV) or plug-in hybrid (PHEV) easier and more accessible for its customers. The streamlined process highlights vehicles that qualify for the Clean Vehicle Tax Credit in the search experience and allows eligible customers to apply the up to $4,000 in savings from the credit at checkout. Available now, Carvana's automated system checks vehicle eligibility and applies the Clean Vehicle Tax Credit to the purchase at checkout for eligible customers who elect to transfer their credit to Carvana.

Rather than waiting for a lower tax bill next year, customers can now seamlessly access up-front savings of up to $4,000 on the price of the vehicle. These savings also automatically flow through to eligible customers' financing terms.