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  2. DriveTime - Wikipedia

    en.wikipedia.org/wiki/DriveTime_Automotive_Group

    DriveTime is a private company headquartered in Tempe, Arizona. [3] The company's business model is focused on selling previously owned vehicles to car-buyers. [4] It uses a proprietary credit scoring model to finance car purchases at its dealerships in-house, [5] [6] including subprime lending.

  3. Credit Acceptance - Wikipedia

    en.wikipedia.org/wiki/Credit_Acceptance

    Credit Acceptance Corporation is an auto finance company providing automobile loans and other related financial products. The company operates its financial program through a national network of dealer-partners, the automobile dealers participating in the programs. The company operates two programs: the "Portfolio Program" and the "Purchase ...

  4. Retail floorplan - Wikipedia

    en.wikipedia.org/wiki/Retail_floorplan

    Retail floor planning (also referred to as floorplanning or inventory financing) is a type of short term loan used by retailers to purchase high-cost inventory such as automobiles. These loans are often secured by the inventory purchased as collateral. [1] Floor planning is commonly used in new and used car dealerships. [2]

  5. Car dealerships in the United States - Wikipedia

    en.wikipedia.org/wiki/Car_dealerships_in_the...

    A car dealership can either be a franchised dealership selling new and used cars, or a used car dealership, selling only used cars. In most cases, dealerships provide car maintenance and repair services as well as trade-in, leasing, and financing options for customers. Used car dealers can carry cars from various different manufacturers, while ...

  6. How to get a car loan with bad credit - AOL

    www.aol.com/finance/car-loan-bad-credit...

    According to data from Experian, borrowers in the subprime category (from 501 and 600) can expect an average rate of 11.86 percent for new cars and 18.39 percent for used cars. Credit score range ...

  7. Here’s how American car dealers use the '4-square ... - AOL

    www.aol.com/finance/american-car-dealers-4...

    Here’s how American car dealers use the '4-square method’ to make big profits off you — and how you can make sure you're paying a fair price for all your vehicle costs Moneywise December 5 ...

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