| Founded | 2020 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Fintech |
| Collapse type | Bankruptcy |
| Founder | Bryan DeBoer |
Driveway Finance
"Lithia's $235M bet on captive auto lending imploded when subprime borrowers defaulted en masse."
Key Events Timeline
Driveway Finance was Lithia Motors' in-house auto lending arm launched in 2020 to capture financing margin from Driveway.
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