The-definition.com

Definition

Captive finance company

Captive finance company is an automobile lender that is a subsidiary of an automobile manufacturer and whose principal business includes financing the sales and/or leases of that manufacturers vehicles.

Share it:  Cite

More from this Section

  • Premium audio
    Premium audio is a sound system that has been provided to the vehicle manufacturer by ...
  • Solid Color
    Solid Color is a coating that contains only colored pigments, as opposed to a coating ...
  • Destination charge
    Destination charge is the fee that the manufacturer charges to deliver a vehicle from ...
  • Cylinder head bolts
    ...
  • Intelligent car
    Intelligent car is a vehicle that employs the latest in telemetrics, driver awareness ...