Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: S. maltophilia who wrote (78648)	12/2/2025 5:37:23 PM
From: Madharry	Read Replies (2) of 78748

there is a lot here i cant figure out. apparently they dont provide info on on % of cars they repossess but the charge off rate seems to high to me for them to be profitable. so I would need to to see a a table with the repo rate and charge off rate in terms of credit scores and or interest rate charge to feel comfortable that they currently have a profitable business model. It looks like they are providing cars and financing to a pretty desperate population, So I suspect that there isnt much to go after accept to repo the car and take the loss, This should be a way more profitable business than I can see they are doing, I also wonder how much money is going out via lease payments on the properties and whether those are arms length transactions. I am gonna pass on this one,

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next