Ernest Garcia
Founder at DriveTime Automotive Group, Inc.
Net worth: 10 436 M $ as of 2024-03-30
Profile
Ernest C.
Garcia founded DriveTime Automotive Group, Inc. in 1992, where he is working as Executive Chairman from 2006.
Mr. Garcia also currently works at Verde Investments, Inc., as President & Director from 1992 and Bridgecrest Acceptance Corp., as Shareholder from 1992.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
Carvana Group LLC
 Carvana Group LLC Specialty StoresRetail Trade Carvana Group LLC engages in car dealership. The company was founded by Ernie Garcia III, Benjamin Huston, and Ryan Keeton on September 20, 2012 and is headquartered in Tempe, AZ. 36.19% | 2024-04-29 | 61,802,896 ( 36.19% ) | 5 433 M $ | 2024-03-30 |
CARVANA CO.
59.64% | 2024-04-29 | 49,442,317 ( 59.64% ) | 4 346 M $ | 2024-03-30 |
CARVANA CO. CLASS A
4.89% | 2024-04-30 | 5,690,814 ( 4.89% ) | 500 M $ | 2024-03-30 |
OUTFRONT MEDIA INC.
5.06% | 2024-02-19 | 8,396,306 ( 5.06% ) | 141 M $ | 2024-03-30 |
| 2023-12-04 | 9,077,798 ( 1.88% ) | 15 M $ | 2024-03-30 |
Ernest Garcia active positions
| Companies | Position | Start |
|---|---|---|
DriveTime Automotive Group, Inc.
 DriveTime Automotive Group, Inc. Specialty StoresRetail Trade DriveTime Automotive Group, Inc. engages in the ownership and operation of used automobile dealerships. It focuses on the sale and financing of vehicles to the subprime market. Through its dealerships, the firm provides its customers with a comprehensive end-to-end solution for their automotive needs including the sale, financing, and maintenance of their vehicles. The company was founded by Ernest C. Garcia, II in 1992 and is headquartered in Phoenix, AZ. | Founder | 1991-12-31 |
Verde Investments, Inc.
 Verde Investments, Inc. Financial ConglomeratesFinance Verde Investments, Inc. provides investment services. The private company is based in Tempe, AZ. | President | 1991-12-31 |
Bridgecrest Acceptance Corp.
 Bridgecrest Acceptance Corp. Specialty StoresRetail Trade Bridgecrest Acceptance Corp. sells and finances used cars to the subprime market. The firm provides car and vehicle loans to customers. The company was founded in February 2003 and is headquartered in Tempe, AZ. | Corporate Officer/Principal | - |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 3 |
|---|---|
DriveTime Automotive Group, Inc.
DriveTime Automotive Group, Inc. Specialty StoresRetail Trade DriveTime Automotive Group, Inc. engages in the ownership and operation of used automobile dealerships. It focuses on the sale and financing of vehicles to the subprime market. Through its dealerships, the firm provides its customers with a comprehensive end-to-end solution for their automotive needs including the sale, financing, and maintenance of their vehicles. The company was founded by Ernest C. Garcia, II in 1992 and is headquartered in Phoenix, AZ. | Retail Trade |
Bridgecrest Acceptance Corp.
Bridgecrest Acceptance Corp. Specialty StoresRetail Trade Bridgecrest Acceptance Corp. sells and finances used cars to the subprime market. The firm provides car and vehicle loans to customers. The company was founded in February 2003 and is headquartered in Tempe, AZ. | Retail Trade |
Verde Investments, Inc.
Verde Investments, Inc. Financial ConglomeratesFinance Verde Investments, Inc. provides investment services. The private company is based in Tempe, AZ. | Finance |
- Stock Market
- Insiders
- Ernest Garcia
