Carvana Auto Receivables Trust 2025-P1 – Indentures Watch

from 8-K 126 pages Class A-1 4.493% Asset Backed Notes Class A-2 4.50% Asset Backed Notes Class A-3 4.55% Asset Backed Notes Class A-4 4.74% Asset Backed Notes Class B 4.98% Asset Backed Notes Class C 5.34% Asset Backed Notes Class D 5.79% Asset Backed Notes Class N 5.66% Asset Backed Notes Class Xs Asset Backed Notes Indenture Dated as of March 17, 2025 Carvana Auto Receivables Trust 2025-P1 Issuing Entity Carvana Auto Receivables Grantor Trust 2025-P1 Grantor Trust Computershare Trust Company, National Association Indenture Trustee

from 8-K 126 pages Class A-1 4.493% Asset Backed Notes Class A-2 4.50% Asset Backed Notes Class A-3 4.55% Asset Backed Notes Class A-4 4.74% Asset Backed Notes Class B 4.98% Asset Backed Notes Class C 5.34% Asset Backed Notes Class D 5.79% Asset Backed Notes Class N 5.66% Asset Backed Notes Class Xs Asset Backed Notes Indenture Dated as of March 17, 2025 Carvana Auto Receivables Trust 2025-P1 Issuing Entity Carvana Auto Receivables Grantor Trust 2025-P1 Grantor Trust Computershare Trust Company, National Association Indenture Trustee