Finance Insurance

Money keeps many from the captive game

Subaru, which had a captive arm in the U.S. in the 1980s, now maintains a captive-type relationship with Chase Auto.
Subaru, which had a captive arm in the U.S. in the 1980s, now maintains a captive-type relationship with Chase Auto.
JH
By:
Jim Henry
J
By:
Jackie Charniga
|
March 08, 2021 05:00 AM

Most mainstream manufacturers have their own captive finance company. Dealers swear by them for sticking with auto lending through thick and thin, and manufacturers appreciate the fact that they are usually reliable money makers.

Staying current is easy with newsletters delivered straight to your inbox.