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Car Mart Shares Drop 93% Amid $1.68 T Auto-Loan Boom

5/20/2026

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Story summary
  • America’s Car Mart’s share price fell to $11, a 93% drop from its peak.
  • Auto loan and lease balances rose $15 billion in Q1 2026 to $1.68 trillion, up $43 billion (2.6% YoY).
  • Auto-loan-to-disposable-income ratio fell to 7.17% in Q1 2026, the lowest since 2014.
  • Subprime and deep-subprime loans made up about 15% of the $1.68 trillion auto-finance pool at origination.
  • 60-day-plus delinquency on subprime auto-loan ABS slipped to 6.80% in February 2026, after 6.90% in January.