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Subprime Auto Dealer Goes From Covid-Era Rockstar to Near Demise

Business

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.


Source: Bloomberg Markets — This article was automatically imported from the source. Read full article at original source →

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Originally published by Bloomberg Markets bloomberg.com
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