CarMax Offers Exeter Finance as Last Resort for Financing

When potential buyers of used vehicles from CarMax are unable to qualify for financing, they have the option of obtaining a loan from Exeter Finance. Exeter Finance, as a lender of last resort, has established a partnership with the largest used car retailer in the country, positioning itself as a solution for sub-prime borrowers.

According to a recent report, Exeter Finance has become a key player in the sub-prime auto lending market. The company profits from offering loans to borrowers who may not qualify for traditional financing options. This has allowed Exeter Finance to establish a significant presence in the industry.

Exeter Finance’s partnership with CarMax has further solidified its position as a leading lender for sub-prime borrowers. By offering financing options to those who may have been turned away by other lenders, Exeter Finance has become a go-to solution for individuals with less-than-perfect credit.

For more information on Exeter Finance and its role in the sub-prime auto lending market, read the full article here.