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Benzinga
Benzinga
Business
Shivani Kumaresan

Carvana Inks Strategic Partnership With ForeverCar

Carvana CVNA
  • Carvana Co (NYSE:CVNA) has signed a partnership agreement with the digital omnichannel vehicle service contract platform, ForeverCar.
  • ForeverCar is part of CUNA Mutual Group, Madison, Wisconsin.
  • Under the agreement, the parties will offer post-loan vehicle protection as a monthly subscription offering. 
  • "Carvana cares deeply about delivering incredible customer experiences, and in ForeverCar we found a partner that shares this focus and technology-driven approach," said Andy Lesko, Carvana Director of Ancillary Products.
  • Price Action: CVNA shares are trading higher by 2.57% at $150.09 on the last check Tuesday.
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