Carvana Auto Receivables Trust 2023-N3: Presale Report

Ratings

• Date Issued	Debt Rated	Rating	Trend	Action	Attributesi US = Lead Analyst based in USA CA = Lead Analyst based in Canada EU = Lead Analyst based in EU UK = Lead Analyst based in UK E = EU endorsed U = UK endorsed Unsolicited Participating With Access Unsolicited Participating Without Access Unsolicited Non-participating
  06-Sep-23	Class A Notes	AAA (sf)	--	Provis.-New	US
  06-Sep-23	Class B Notes	AA (high) (sf)	--	Provis.-New	US
  06-Sep-23	Class C Notes	A (high) (sf)	--	Provis.-New	US
  06-Sep-23	Class D Notes	BBB (high) (sf)	--	Provis.-New	US
  06-Sep-23	Class E Notes	BB (high) (sf)	--	Provis.-New	US

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