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Lender pullback slows add-on sales at subprime dealers 

Deep subprime share of used-vehicle financing fell 21 bps YoY 

Amanda Harris

Dealerships that target deep subprime consumers are seeing stagnation in add-on product sales as lenders tighten credit standards.   A pullback by subprime financiers combined with expensive used cars, squeezed dealer margins and limited customer demand are contributing to the challenge for dealers.  Warner Robins, Ga.-based buy here, pay here dealership Victory Lane Car Sales, […]

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