Carvana Receivables Depositor LLC 8-K

What Happened
Carvana Receivables Depositor LLC filed a Form 8‑K on March 12, 2026 to deliver unqualified legal and tax opinions in connection with the public issuance of Class A‑1, A‑2, A‑3, A‑4, B, C and D asset‑backed notes by Carvana Auto Receivables Trust 2026‑P1. The opinions were provided to satisfy an undertaking under the Registration Statement and relate to the initial principal amounts set forth in the Prospectus dated March 10, 2026. Legal and tax opinions from Mayer Brown LLP and an enforceability opinion from Richards, Layton & Finger, P.A. are attached as Exhibits 5.1, 8.1 and 5.2, respectively.

Key Details

• Filing date: March 12, 2026 (Form 8‑K, Item 9.01(d)).
• Transaction: Public issuance of asset‑backed notes by Carvana Auto Receivables Trust 2026‑P1 (Classes A‑1, A‑2, A‑3, A‑4, B, C, D).
• Prospectus date referenced: March 10, 2026 (initial principal amounts specified there).
• Exhibits: Exhibit 5.1 (Mayer Brown legality opinion), Exhibit 8.1 (Mayer Brown tax opinion), Exhibit 5.2 (Richards, Layton & Finger enforceability opinion).

Why It Matters
This filing provides the formal legal and tax opinions that underlie the securitization offering — a standard but necessary step for the public sale of asset‑backed notes. For investors, it confirms counsel has delivered opinions on legality, tax treatment, and the enforceability of the grantor trust certificate, which are prerequisites for the issuance; the filing does not itself change Carvana’s financial results or operational disclosures.