Co-founder Ernie Garcia says price declines and interest rate cuts should make used vehicles more affordable. Photo: Getty ...

Carvana CEO Ernie Garcia thinks there is good news ahead for people who have been shocked by the high price of used cars.

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

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

Carvana was founded in 2012 and is headquartered in Tempe, Arizona. Along with its car vending machines, Carvana gained notoriety for its no-hassle online buying experience. You can buy ...

TEMPE, Ariz. — TEMPE, Ariz. — 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.

Since it started selling cars in 2013, Carvana has disrupted the U.S. used vehicle market with no-haggle pricing and an ...

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.