# America's CAR-MART, Inc.

> America’s Car-Mart sells used vehicles and provides in-house financing to customers with limited or damaged credit. Founded by Bill Fleeman in Rogers, Arkansas, in 1981, the public company combines vehicle retail, loan servicing and optional protection products. It operated 94 dealerships after fiscal 2026 consolidations and reported $1.2815 billion in fiscal 2026 revenue; liquidity constraints sharply reduced sales in the following quarter.

- **Founded:** 1981
- **Headquarters:** Rogers, United States
- **Founders:** Bill Fleeman (Founder)
- **Products:** Used vehicle retail, In-house auto financing, Service Contract Plus, Accident Protection Plan, Pay Your Way
- **Notable:** Began operations in 1981 and marked its 40th anniversary in 2021., Operates as a Nasdaq-listed company under CRMT., Reached 151 dealerships in 12 states by its 2021 anniversary.

## Products & services

- **Used vehicle retail** — Retail sales of used cars, trucks, SUVs and other vehicles through a regional U.S. dealership network.
- **In-house auto financing** — Finances vehicle purchases for customers with limited or impaired credit, with weekly, biweekly or monthly schedules; approval and terms depend on the application.
- **Service Contract Plus** — Optional Silver, Gold and Platinum mechanical repair contracts with oil changes and Good Sam roadside assistance. Advertised limits are 12 months/12,000 miles, 24 months/24,000 miles and 36 months/36,000 miles, whichever occurs first. A $75 deductible applies to approved claims. Not available in Illinois.
- **Accident Protection Plan** — Optional contractual cancellation of remaining vehicle debt following an approved theft or total-loss claim, subject to terms. Not offered in Illinois or Indiana.
- **Pay Your Way** — Remote and other payment options for servicing customer accounts.
- **Trade-in and vehicle selling** — Vehicle appraisals, trade-ins and access to the Carmigo selling marketplace.
- **Seven-day satisfaction exchange** — Advertises a seven-day exchange for another vehicle of equal or lesser value, subject to policy terms.

## Achievements

- Began operations in 1981 and marked its 40th anniversary in 2021.
- Operates as a Nasdaq-listed company under CRMT.
- Reached 151 dealerships in 12 states by its 2021 anniversary.
- Completed full-scale loan origination system deployment by February 2024, according to its fiscal 2025 investor presentation.
- Sold 48,891 retail vehicles in fiscal 2026.

## Latest updates

- **2026-10** — October 1 reporting described a lender covenant-waiver extension through October 8; this is a dated disclosure, not a claim about the waiver status on October 24.
- **2026-10** — Local reporting on October 1 said the Russellville East Main Street location had temporarily paused vehicle sales while continuing to service accounts and accept payments.
- **2026-09** — First-quarter fiscal 2027 results: $145.8 million revenue, 2,450 retail units, and $35.2 million ending inventory; management continued a review of financing and strategic alternatives.
- **2026-07** — Fiscal 2026 revenue was $1,281.5 million; annual results disclosed $4 million in restructuring-related SG&A and $11 million in non-cash impairment linked to dealership consolidations.
- **2026-04** — CEO letter described delayed warehouse financing and a plan to consolidate 42 additional locations, contributing to the fiscal-year reduction from 154 to 94 dealerships.

## Links

- Website: https://www.car-mart.com/
- LinkedIn: https://www.linkedin.com/company/america's-car-mart-inc./
- Twitter/X: https://twitter.com/americascarmart
- YouTube: https://www.youtube.com/c/CarMartCorporate
- Instagram: https://www.instagram.com/americascarmart/
- Facebook: https://www.facebook.com/americascarmartcorporate

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Profile page: https://yespress.io/americas-car-mart-inc
Published by YesPress — https://yespress.io
Last updated: 2026-10-24