amid news that the company's biggest creditors were negotiating with Carvana around new financing and debt restructuring.In 2022, Carvana said it had 14 inspection and reconditioning centers that required"significant investment in time and capital to develop.
Cars are then photographed and stored on site and eventually distributed to customers in Arizona and other nearby states. The inspection center would have been Carvana's second in the Valley after its Tolleson inspection center. The centers, also called IRCs, help reduce delivery times and reach more customers in certain regions.
In its initial proposal to Surprise city officials, Carvana had hoped to be operational by the fourth quarter of 2022 and eventually hold about 10,000 cars on site, but the facility was never built. Sources say that Carvana was looking to sell off the Surprise parcel around the same time it announced the first round of big layoffs in the spring of 2022.
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