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.
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 cash-strapped, deeply-subprime buyers.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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