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Carvana announces renewal of agreement with Ally Financial
The Fly

Carvana announces renewal of agreement with Ally Financial

Carvana (CVNA) said in a regulatory filing that on January 3, a subsidiary of the company, Ally Bank, and Ally Financial (ALLY) “amended the Second Amended and Restated Master Purchase and Sale Agreement to, among other things, reestablish a commitment by the Ally Parties to purchase up to $4.0 billion of automotive finance receivables between January 3, 2025 and January 2, 2026.”

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