Carvana Tempe Arizona

Why Carvana’s CEO Says Used Car Prices Will Drop

Co-founder Ernie Garcia says price declines and interest rate cuts should make used vehicles more affordable. Photo: Getty Images. Since it started selling cars in 2013, Carvana has disrupted the U.S. used vehicle market with no-haggle pricing and an online buying process that cuts out the often-dreaded salesman.

International Business Times · 22h

Carvana CEO Says Good News Might Be On The Way For Used Car Shoppers

Carvana CEO Ernie Garcia thinks there is good news ahead for people who have been shocked by the high price for used cars. Garcia gave an exclusive forecast for the state of shopping for cars, saying that prices are declining ahead of more potential interest rate cuts which should make cars more affordable.

ABC · 18h

Carvana CEO says price declines and interest rate cuts should make used vehicles more affordable

Since it started selling cars in 2013, Carvana has disrupted the U.S. used vehicle market with no-haggle pricing and an online buying process that cuts out the often-dreaded salesman

Carvana taps NASCAR's Jimmie Johnson for new campaign

Carvana is betting that its new TV commercial featuring NASCAR superstar Jimmie Johnson will rev up more used car sales.

11d

Carvana stock: it’s time you moved to the sidelines

Carvana reports another solid quarter and raises guidance. Victoria Greene recommends caution on Carvana stock.

13d

Carvana: Q3 Earnings Snapshot

Carvana Co. (CVNA) on Wednesday reported third-quarter net income of $85 million. The Tempe, Arizona-based company said it had profit of 64 cents per share.

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