SCHEDULE 13G/A 0001839882-24-039030 0001697591 XXXXXXXX LIVE 3 Class A Common Stock, Par Value $0.001 Per Share 03/31/2025 0001690820 Carvana Co. 146869102 300 E. RIO SALADO PARKWAY TEMPE, AZ, 85281 AZ 85281 Rule 13d-1(b) CAS Investment Partners, LLC DE 5685029.00 0 5685029.00 0 5685029.00 4.20 IA See Item 4 for a description of the information reported in rows (6), (8), (9) and (11). Clifford Sosin X1 5685029.00 0 5685029.00 0 5685029.00 4.20 IN See Item 4 for a description of the information reported in rows (6), (8), (9) and (11). Carvana Co. 300 E. Rio Salado Parkway, Tempe, Arizona 85281 This Schedule 13G/A is being filed with respect to an aggregate of 5,685,029 shares of Common Stock of the Issuer which are beneficially owned by CAS Investment Partners, LLC as the investment manager of Sosin Master, L.P. ("Sosin Master") and CSWR Partners, L.P. ("CSWR") with the power to vote and dispose or direct the disposition of all securities owned by Sosin Master and CSWR. CAS Investment Partners, LLC is an investment adviser registered with the Securities Exchange Commission under the Investment Advisers Act of 1940, as amended. Clifford Sosin is the Managing Member of CAS Investment Partners, LLC and disclaims beneficial ownership of any securities covered by this Schedule 13G for the purposes of Section 13(d) or 13(g) of the Act or any other purpose. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purpose of Section 13(d) or 13(g) of the Act or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate, or other group for the purpose of acquiring, holding, or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer. 8 Wright St, First Floor, Westport, CT 06880 See response to Item 4 of each of the cover pages. N IA HC As of March 31, 2025, Sosin Master owned 3,142,229 shares of Common Stock of the Issuer and CSWR owned 2,542,800 shares of Common Stock of the Issuer. CAS Investment Partners, LLC is the investment manager of Sosin Master and CSWR and has been fully delegated the power to vote and dispose or direct the disposition of all the shares of Common Stock owned by Sosin Master and CSWR. Clifford Sosin is the Managing Member of CAS Investment Partners, LLC.The percentages reported in Row 11 of each cover page are based on 135,023,435 shares of Common Stock (as defined below) of the Issuer (as defined below) outstanding as of May 5, 2025, based on the Issuer's Form 10-Q filed with the SEC on May 7, 2025. 4.2 See responses to Item 5 on each cover page. See responses to Item 6 on each cover page. See responses to Item 7 on each cover page. See responses to Item 8 on each cover page. N Y Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. CAS Investment Partners, LLC Clifford Sosin 05/15/2025 Clifford Sosin Clifford Sosin 05/15/2025