Carvana Brings Inspection and Reconditioning Center Capabilities to ADESA Sarasota

Key Terms

inspection and reconditioning center technical

A facility where used products, equipment, or vehicles are carefully examined, repaired, cleaned and restored to meet safety, performance and resale standards before they are returned to service or sold. For investors, these centers help recover value from used assets, shorten inventory turnover, reduce liability and ensure regulatory compliance—think of it as a professional “repair and detailing” shop that improves quality and resale price, thereby protecting margins and cash flow.

wholesale auto auction technical

A wholesale auto auction is a marketplace where businesses — such as car dealers, rental fleets, and leasing companies — buy and sell used vehicles to one another rather than to the general public. Think of it like a farmers’ market for cars: inventory moves quickly, prices reflect current supply and demand, and changes there signal shifts in used-car values, dealer margins and resale expectations that can affect automakers, lenders and investors.

retail reconditioning technical

Retail reconditioning is the process of inspecting, repairing, cleaning and repackaging returned, used or slightly damaged products so they can be resold at retail. For investors it matters because it can turn potential losses into revenue, reduce inventory write-downs and improve profit margins—think of it as a thrift-store-style makeover that preserves value and cuts waste while affecting a retailer’s cash flow and brand trust.

proprietary software platform technical

A proprietary software platform is a set of computer programs and systems that a company owns and controls exclusively, built to deliver its products or services rather than using publicly shared or third‑party software. Like a custom‑built appliance tailored to a household’s needs, it can create a lasting competitive edge, enable recurring revenue and higher margins, but also requires ongoing investment and brings maintenance and obsolescence risk that investors should weigh.

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Integrating operations creates approximately 100 new jobs; expands selection and delivery speed for Florida customers

Carvana Brings Inspection and Reconditioning Center Capabilities to ADESA Sarasota

"Bringing IRC capabilities to ADESA Sarasota strengthens our national network and our customer offering while creating meaningful job opportunities in the Sarasota area," said Brian Boyd, Senior Vice President of Inventory at Carvana. "We're proud to add approximately 100 jobs to the region and look forward to growing our local team as we improve selection and speed for local customers."

Carvana has already begun hiring local team members to support this move and expects the integration to create about 100 new good-paying, skilled and entry-level jobs in inspection, reconditioning, and vehicle fulfillment over time. These roles require no college degree and come with comprehensive benefits. Candidates can browse open positions and apply here.

Located in Bradenton, Florida, ADESA Sarasota has served wholesale auto auction customers for 20 years. Now the facility will also house the teams and tools that drive Carvana retail reconditioning and fulfillment. The approximately 60-acre site includes over 3,000 parking spaces and offers significant infrastructure to support IRC operations alongside ongoing wholesale auction activities.

The integration will establish a new pool of local retail inventory, giving customers access to a broader selection of vehicles with delivery options for nearby customers as soon as the same day. Wholesale buyers will benefit from enhanced on-site inspection and reconditioning capabilities, as well as ongoing access to ADESA's in-lane and digital auction services.

Carvana's proprietary software platform, CARLI, will power the site's transition to an IRC-enabled facility, supporting operational efficiency and consistency across its national reconditioning network.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be preceded by, followed by or include the words "aim," "anticipate," "believe," "estimate," "expect," "forecast," "intend," "likely," "outlook," "plan," "potential," "project," "projection," "seek," "can," "could," "may," "should," "would," "will," similar expressions, and the negatives thereof. Forward-looking statements reflect Carvana’s current expectations and projections, and include all statements that are not historical facts, including expectations regarding the expected integration of IRC capabilities at ADESA Syracuse and the anticipated benefits therefrom, our strategy, forecasted results, potential infrastructure capacity utilization, efficiency gains, the expected capabilities and performance of Carvana’s CARLI platform, future staffing needs and hiring plans, and growth opportunities. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Among these factors are risks related to: Carvana's ability to successfully integrate IRC capabilities at the ADESA Syracuse site on anticipated timelines and budgets and to realize the expected benefits thereof; Carvana's ability to utilize its available infrastructure capacity; the ability to attract, hire, train, and retain qualified personnel; the larger automotive ecosystem, including consumer demand, global supply chain challenges, vehicle pricing, and other macroeconomic issues (including with respect to the impact of tariffs on our business); our ability to effectively manage our rapid growth and maintain customer service quality, reputational integrity, and brand recognition; seasonal and other fluctuations in our operating results; our relationship with DriveTime and its affiliates; our highly competitive industry; our use of artificial intelligence; and the other risks identified under the “Risk Factors” section in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025. There is no assurance that any forward-looking statements will materialize. You are cautioned not to place undue reliance on forward-looking statements, which reflect expectations only as of this date. Carvana does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise.

About Carvana

Carvana’s mission is to change the way people buy and sell cars. Since launching in 2013, more than 4 million customers have chosen Carvana’s leading automotive e-commerce experience to shop, sell, finance, and trade in vehicles entirely online, with the convenience of delivery or local pickup as soon as the same day. Carvana’s unique offering is powered by its passionate team, differentiated national infrastructure, and purpose-built technology.

For more information, please visit Carvana.com.

About ADESA

ADESA is a leader in wholesale auto, providing comprehensive remarketing and logistics solutions that help OEMs, financial institutions, fleets, and dealers source, sell and manage cars efficiently and profitably. ADESA customers across the country enjoy access to its extensive physical auction network, robust digital offerings, and value-added services. ADESA is owned by leading online automotive retailer Carvana (NYSE: CVNA). Learn more about ADESA here.

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MEDIA CONTACT:
Carvana Communications
press@carvana.com

Source: Carvana