America's Car-Mart, Inc.
No Credit? Bad Credit? No problem. America's Car-Mart targets car buyers with poor or limited credit histories. Car-Mart's subsidiaries operate more than 100 used-car dealerships in eight states, primarily in smaller urban and rural markets throughout the US South-Central region. Dealerships focus on selling basic, affordable transportation, with an average selling price of about $9,300 in 2011. It has been expanding primarily in Alabama, Tennessee, Kentucky, and Missouri. While the company's business plan has focused on cities with up to 50,000 in population (70% of sales), it sees better collection results among the smaller communities it serves. America's Car-Mart was founded in 1981 as the Crown Group.
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