---
schema_version: "secwatch.filing_event.v1"
accession: "0001770373-26-000013"
form_type: "8-K"
ticker: null
cik: "0001770373"
company_name: "Carvana Receivables Depositor LLC"
filed_at: "2026-03-12T23:59:59+00:00"
generated_at: "2026-05-15T13:42:28.992418+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Carvana securitizes $1.05B auto receivables via Carvana Auto Receivables Trust 2026-P1

## Summary
- Publicly Registered Notes of $1,050,700,000 across classes A-1 through D; closing March 17, 2026.
- Underwriting agreement with BNP Paribas Securities Corp. and several other underwriters.
- Carvana retains 5% of notes and certificates for regulatory risk retention.
- Also issuing unregistered Class N and Class XS notes; proceeds used to purchase auto receivables.
- Receivables sourced from Carvana (used cars) and Carvana FAC (new cars) and serviced by Bridgecrest.

## SEC filing metadata
- accession: 0001770373-26-000013
- form_type: 8-K
- cik: 0001770373
- company_name: Carvana Receivables Depositor LLC
- filed_at: 2026-03-12T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1770373/000177037326000013/0001770373-26-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1770373/000177037326000013/crvna2026-p1xform8xkrepric.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001770373-26-000013
- JSON: https://secwatch.observer/filing/0001770373-26-000013.json
- Plain text: https://secwatch.observer/filing/0001770373-26-000013.txt

## Key facts
- Material Agreements
  Carvana Receivables Depositor LLC entered into Underwriting Agreement with BNP Paribas Securities Corp., as an underwriter and as representative of the several underwriters identified therein (effective 2026-03-10).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: BNP Paribas Securities Corp., as an underwriter and as representative of the several underwriters identified therein
  - Effective: 2026-03-10
  source text: On March 10, 2026, Carvana Receivables Depositor LLC (the “ Depositor ”) and Carvana, LLC (“ Carvana ”) entered into an underwriting agreement (the “ Underwriting Agreement ”) with BNP Paribas Securities Corp., as an underwriter and as representative of the several underwriters identified therein
  evidence_url: https://www.sec.gov/Archives/edgar/data/1770373/000177037326000013/0001770373-26-000013-index.htm

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