---
schema_version: "secwatch.filing_event.v1"
accession: "0001690820-22-000275"
form_type: "8-K"
ticker: "CVNA"
cik: "0001690820"
company_name: "CARVANA CO."
filed_at: "2022-09-22T23:59:59+00:00"
generated_at: "2026-06-23T08:02:34.819195+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Carvana extends inventory credit line to $2.2B and adds $2B facility with Ally

## Summary
- 12-Month Floor Plan Facility extended to Sep 22, 2023, with $2.2B aggregate, including $200M from Deutsche Bank.
- 18-Month Floor Plan Facility for up to $2.0B, available after 12-month facility maturity, maturing Mar 22, 2024.
- Interest rate is Prime Rate plus 100 bps; commitment fee and availability fee also apply.
- Monthly principal reduction of 10% for vehicles on floorplan over 150 days until 50% of original principal.

## SEC filing metadata
- accession: 0001690820-22-000275
- form_type: 8-K
- ticker: CVNA
- cik: 0001690820
- company_name: CARVANA CO.
- filed_at: 2022-09-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1690820/000169082022000275/0001690820-22-000275-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1690820/000169082022000275/cvna-20220922.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001690820-22-000275
- JSON: https://secwatch.observer/filing/0001690820-22-000275.json
- Plain text: https://secwatch.observer/filing/0001690820-22-000275.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.