Company description

CRMT, also known as America's Car-Mart Inc., is a publicly traded company with ticker symbol CRMT. The company is primarily involved in the sale and financing of pre-owned automobiles. Established in 1981, America's Car-Mart Inc. has grown to become one of the largest used car dealerships in the United States, with over 150 dealerships spread across multiple states. The company follows a unique business model, focusing on the sale of affordable, high-quality vehicles to customers with limited credit options. This approach has allowed CRMT to serve a large market segment, catering to the needs of individuals who may have been denied credit at traditional dealerships. As of 2021, the company has recorded over 155,000 units sold and has seen steady growth in its total revenue. Additionally, CRMT has also prioritized customer satisfaction, offering a hassle-free buying experience and excellent after-sales support. The company's commitment to its customers has earned it a loyal customer base and enabled it to maintain a strong reputation within the industry. Apart from its core business, America's Car-Mart Inc. also actively engages in charitable activities, supporting local communities through donations and volunteer work. Overall, CRMT is a successful company that continues to thrive in the highly competitive automotive industry, with a unique business model and a strong dedication to customer service and community involvement.