America's Car-Mart Inc. operates as an automotive retailer that specializes in selling used vehicles across the United States. Its primary function is to provide affordable transportation solutions to customers, often serving those who may not have access to traditional financing options. Operating in the used car industry, America's Car-Mart also extends consumer credit options to purchasers, distinguishing itself by focusing on the buy here, pay here model, where the dealership itself provides financing to customers. This business practice impacts the automotive retail sector by providing increased access to vehicle ownership for a broader demographic. America's Car-Mart manages a network of dealerships primarily located in small towns and rural areas, highlighting its role in addressing the transportation needs within these communities. By dealing directly with customers, both in terms of sales and financing, the company plays a significant role in the used vehicle market, notably impacting sectors that are underserved by traditional automotive retailers. Established in 1981 and headquartered in Rogers, Arkansas, America's Car-Mart has built a robust market presence by emphasizing community engagement and accessibility.
Industry average