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Home » Tricolor is not the bellwether of subprime auto market (Off the Lot) 

Tricolor is not the bellwether of subprime auto market (Off the Lot) 

Capital providers should review processes for BHPH

Bruce NewmarkbyBruce Newmark
October 15, 2025
in Off the Lot, Risk Management
Reading Time: 9 mins read
0
A Tricolor dealership in Houston, Texas, US, on Thursday, Sept. 11, 2025. Tricolor Holdings, a used car seller and subprime lender that focuses on undocumented immigrants in the US Southwest, filed to liquidate in bankruptcy. US prosecutors are also looking into allegations of fraud by the company.

(Courtesy/Bloomberg)

Since Tricolor’s Sept. 10 bankruptcy filing, a lot has been said about how Tricolor may be an analogue for the condition of the subprime finance industry, including companies and borrowers.  I am going to attempt to clarify how I believe Tricolor is different from most other lenders in the market; how banks and lenders in […]

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