in5points
FinanceBloomberg

America's Car-Mart struggles as subprime market sours

in5points
  1. America's Car-Mart Inc. specialized in selling and financing high-mileage used cars for subprime buyers.

  2. The company thrived during the 1990s slump, 2008 financial crisis, and Covid-19 pandemic.

  3. It now faces near-demise as conditions in the subprime auto market deteriorate.

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