J. D. Byrider

J. D. Byrider

J.D. Byrider is an Indianapolis-based used car dealership franchise started by the late James F. DeVoe in 1989. The company sells used cars to those who do not qualify for financing at a traditional dealership with interest rates that correlate to the high amount of risk being taken by the company.

J.D. Byrider has 146 locations in 31 states and is most heavily centered in Indiana, Ohio, and Florida. The great majority of J.D. Byrider locations are east of the Mississippi River. Although J.D. Byrider is the car lot normally advertised in the media, the company's sister organization—CNAC, which stands for Car Now Acceptance Company—deals with the actual financing and loan collection process. CNAC normally buys 100 percent of the loans that J.D. Byrider originates.