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The National Automobile Dealers Association (NADA) is an American trade organization representing nearly 16,500 franchised new car and truck dealerships, both domestic and foreign. Established in 1917, the organization is based in Tysons Corner, Virginia .
A single-dealer platform (SDP) is software used by an investment bank dealing in the capital markets to deliver trading and associated services via the web. [1] The function of an SDP is to integrate pricing, liquidity , and information from multiple sources within a bank and provide access to them via a single user interface .
The company operates two programs: the "Portfolio Program" and the "Purchase Program". Through these programs, the company can advance money to automobile dealers in exchange for the right to service the underlying consumer loans and can buy the consumer loans from automobile dealers. Credit Acceptance reported annual revenue of $1.49B for 2019.