Subprime Auto Dealer Goes From Covid-Era Rockstar to Near Demise
America’s Car-Mart Inc. thrived during a ‘90s slump, the 2008 financial crisis and the upheaval of Covid-19 by doing one thing well: selling and financing older, high-mileage used cars for...
By Eliza Ronalds-Hannon, Reshmi Basu and Scott Carpenter · Bloomberg Markets
America’s Car-Mart Inc. thrived during a ‘90s slump, the 2008 financial crisis and the upheaval of Covid-19 by doing one thing well: selling and financing older, high-mileage used cars for cash-strapped, deeply-subprime buyers.