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

Ernie Garcia II, the father of Carvana Co. Chief Executive Officer Ernest Garcia III, has cashed in $1.4 billion of the ...

(Bloomberg) -- Ernie Garcia II, the father of Carvana Co. Chief Executive Officer Ernest Garcia III, has cashed in $1.4 billion of the company’s stock since April — a stake that’s now worth ...

CEO and co-founder Ernie Garcia says the company has lower costs ... Q: When you started Carvana, did you have research showing that people didn’t like negotiating at dealerships?

We recommend Carvana Co. as a strong buy, with an 85% surge in shares, innovative digital platform, and potential 26.58% ...