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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.
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 of used cars. Garcia gave an exclusive forecast for the state of shopping for cars, saying that prices are declining and more potential interest rate cuts should make cars more affordable.
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
6d
on MSN
Carvana CEO’s Father Sees $1.4 Billion Windfall From Stock Sale
Ernie Garcia II, the father of Carvana Co. Chief Executive Officer Ernest Garcia III, has cashed in $1.4 billion of the ...
13d
How The CEOs Of Carvana And Trivago Are Building Their Comeback
Learn how CEOs like those at Carvana and Trivago reignited growth, rebuilt confidence, and led impactful comebacks after ...
Channel 3000
1d
Price declines, interest rate cuts could make used vehicles more affordable
CEO and co-founder
Ernie
Garcia
says the company has lower costs than conventional ... That was the entire premise behind ...
Auto Remarketing
13d
Carvana races to record-breaking Q3, and is still picking up speed
Carvana is moving full speed ahead — and still accelerating. The online used-car retailer announced its financial results for ...
10d
Carvana, An Early Mover In Auto E-Commerce, Sells Its 2 Millionth Car
Carvana, the e-commerce platform for buying and selling used cars, bounces back after recent industry reversals.
14d
on MSN
These Analysts Boost Their Forecasts On Carvana After Strong Q3 Results
Carvana reported third-quarter revenue of $3.66 billion, beating the consensus estimate of $3.45 billion, according to ...
14d
Why Carvana Stock Soared 20% After Earnings
Carvana ( CVNA 21.55%) stock motored higher Thursday, its stock up 20% through 11:25 a.m. ET after beating analyst forecasts ...
autofinancenews
13d
Carvana originations up 35.5% YoY
Carvana’s originations jumped 35.5% year over year in the third quarter as sales increased. “We had record performance in ...
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