Car-Mart opens 151st dealership in Edmond, Okla.
by December 17, 2020 10:57 am 884 views
Rogers-based America’s Car-Mart Inc. announced Thursday (Dec. 17) the opening of its 151st dealership in Edmond, Okla.
It’s the buy here, pay here used car dealer’s 28th dealership in Oklahoma and its third dealership to open in fiscal year 2021.
“A great deal of thought and foresight is placed on our decisions about where to grow,” President and CEO Jeff Williams said. “We select communities where we believe we can fill a void when it comes to what we offer at Car-Mart. We’re different from traditional dealerships. In addition to providing quality, used vehicles we also provide financing and exceptional service after the sale. We are committed to providing peace of mind for our customers, and we believe communities are better when we are there.”
April Renfro will manage the new dealership.
“We’re excited about joining the Edmond community,” Renfro said. “It’s a growing area with a lot of potential. At Car-Mart, we offer a unique buying process for our customers where it’s not just a purchase but an experience. We get to know our customers and work closely with them on flexible financing that meets their needs and budgets. We stay with them throughout their journey from the time they buy their vehicle until they pay-off their vehicle and beyond. We keep them on the road.”
The new dealership at 909 S. Broadway is open from 9 a.m. to 6 p.m. Monday through Saturday. It is closed Sundays. Customers can shop online or start the financing approval process by completing an online application.
Car-Mart has dealerships in 12 states throughout the south-central United States. It also plans to open a dealership in Norman, Okla. It opened its 150th dealership in Chattanooga, Tenn., on July 31.
In November, the company reported second-quarter earnings for the period ending Oct. 31 rose 52.7% to $21.18 million, from $13.87 million in the same period last year. Revenue rose 17.4% to a record of $223.36 million, from $190.31 million.
Shares of Car-Mart (NASDAQ: CRMT) were trading Thursday morning at $112.82, up 33 cents or 0.29%. In the past 52 weeks, the stock has ranged between $129.70 and $35.18.