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Auto retailers’ interest in captive offerings could spur growth for subprime lenders

Non-Prime Auto Financing Conference

PLANO, TEXAS – Subprime auto lenders may have an opportunity to capture business from dealer groups who plan to build their own captives, but recent acquisitions by automotive companies suggest those opportunities may be limited.   As a lender, “if [a public dealer] is starting their own captive business, I would immediately pick up the phone […]

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