
AutoNation Finance is the captive auto finance company of AutoNation, Inc. (NYSE: AN). Launched in 2022 and headquartered in Fort Lauderdale, Florida, it provides vehicle loans to customers buying through AutoNation stores, growing its receivables portfolio to $2.2 billion by the end of 2025.
Parent Company
Founded
2022
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| AutoNation Finance | AutoNation, Inc. | Subsidiary |
AutoNation operated for its first quarter-century without a captive lender. Like most independent dealer groups, it arranged customer financing through third-party banks, credit unions, and manufacturer finance arms, earning a commission on each loan while the lenders kept the interest income and carried the credit risk.
The company launched AutoNation Finance in 2022 under CEO Mike Manley, following the model competitors had proven: Lithia built Driveway Finance Corporation, Penske operates its own finance capabilities, and dealer groups recognized that keeping lending in-house captures a profit pool the dealerships were generating anyway. The rationale for AutoNation was the same: hundreds of thousands of annual vehicle transactions produce a natural funnel for a captive lender.
The build was deliberately measured. AutoNation Finance began by funding loans through AutoNation's store network, using the parent's knowledge of vehicle residuals and customer data to underwrite. Through 2023 and 2024 the portfolio scaled from launch to over a billion dollars in receivables, funded through warehouse credit facilities typical of growing auto lenders.
By the end of 2025 the portfolio had reached $2.2 billion while improving both profitability and funded status, as management described it in the year-end release. AutoNation Finance is reported as the company's fourth segment and has become the clearest structural growth lever in the corporate strategy, because auto lending margins are structurally higher than vehicle retail margins and the customer base already exists inside the stores.
What does AutoNation own?
AutoNation owns and operates 323 new-vehicle franchises at 245 stores, 26 AutoNation USA used-vehicle stores, 52 collision centers, four wholesale auction operations, three parts distribution centers, a mobile repair business, and the AutoNation Finance captive lender. Its stores sell vehicles from 30 manufacturer brands, led by Toyota, Honda, Ford, and General Motors.
Is AutoNation publicly traded?
Yes. AutoNation trades on the New York Stock Exchange under the ticker AN and is a component of the S&P 400 index. The company has been publicly held since the Republic Industries era of the late 1990s.
Who founded AutoNation?
H. Wayne Huizenga founded AutoNation in 1996 as the automotive division of Republic Industries. Huizenga, who previously built Waste Management and Blockbuster, rolled up hundreds of dealerships into the first national car retail brand.
Where is AutoNation headquartered?
AutoNation is headquartered in Fort Lauderdale, Florida, USA. Its stores are concentrated in the Sunbelt, with major presence in Florida, Texas, and California.
How many brands does AutoNation own?
AutoNation operates three principal brands: AutoNation for new-vehicle dealerships and collision centers, AutoNation USA for used-vehicle superstores, and AutoNation Finance for captive lending. It sells vehicles from 30 manufacturer brands but does not own them.
Who owns AutoNation?
AutoNation is owned by its public shareholders, with no controlling owner. ESL Investments, the fund associated with Edward Lampert, has historically been the largest shareholder, alongside major institutional investors.
What happened with the FTC case against AutoNation?
In January 2025, the FTC and the Illinois Attorney General announced a roughly $20 million settlement with Leader Automotive Group, an AutoNation subsidiary, over allegations of deceptive advertising and unwanted add-on charges at Illinois dealerships. The settlement included consumer redress and compliance requirements.
No direct competitors found in the same category. This could be because AutoNation Financeoperates in a unique market segment or we're still building our competitor database.
Looking for brands with different ownership structures? These similar brands are not owned by AutoNation, Inc., giving you alternative choices that support different corporate structures.
Finance FintechOwned by Massachusetts Mutual Life Insurance Company (MassMutual)
Global asset management firm headquartered in Charlotte, North Carolina, and subsidiary of MassMutual, managing investments across fixed income, real estate, and private markets.
Barings is privately owned, unlike AutoNation Finance which is under a publicly traded parent company.
Finance FintechOwned by Bloomberg L.P.
Industry-standard financial data and analytics platform used by approximately 325,000 subscribers at banks, hedge funds, and institutional investors worldwide.
Bloomberg Terminal is privately owned, unlike AutoNation Finance which is under a publicly traded parent company.
Finance FintechOwned by Teachers Insurance and Annuity Association of America
American asset management brand with about $1.4 trillion in assets under management, operating as the investment management arm of TIAA since 2014.
Nuveen is privately owned, unlike AutoNation Finance which is under a publicly traded parent company.
Finance FintechOwned by TD Bank, N.A.
TD Bank is the U.S. retail banking brand of Toronto-Dominion Bank, operating about 1,100 East Coast branches as "America's Most Convenient Bank" under a federal asset cap since 2024.
TD Bank is privately owned, unlike AutoNation Finance which is under a publicly traded parent company.
Finance FintechOwned by Trading 212
UK-based commission-free trading platform offering stocks, ETFs, and crypto to over 4.5 million clients across Europe.
Trading 212 is privately owned, unlike AutoNation Finance which is under a publicly traded parent company.
Finance FintechOwned by Bank of America Corporation
Consumer and commercial banking brand serving roughly 70 million clients through approximately 3,500 financial centers and industry-leading digital banking.
Bank of America operates independently without a large parent corporation.
Discover popular brands and companies in the Finance & Fintech category and related searches from other users.

Block's buy-now-pay-later brand, offering interest-free installment payments across a global merchant network, acquired in 2022 for $29 billion.

Comprehensive investment management technology platform developed by BlackRock, providing portfolio management, risk analytics, and trading solutions for institutional investors and asset managers.

Apple's mobile payment and digital wallet service enabling contactless payments and financial transactions on Apple devices.