Memphis-based used car retailer American Car Center has closed all 40 locations throughout 10 states, including the company’s dealerships in Jackson, Gulfport, and Tupelo.
Nearly one week ago, nearly 300 employees were notified through an email by American Car Center CFO Noah Logan that the business would be closing at 5:00 p.m. that same day.
“We worked incredibly hard over many months to avoid this outcome but, at this point, we have no choice,” Logan stated in the email. “Effective as of close of business today, February 24, 2023, the employment of all employees of the company will be terminated. On behalf of the company, thank you for your efforts and I wish you well in your future endeavors.”
The same day, the American Car Center filed an official WARN Notice with the Tennessee Department of Labor and Workforce Development, stating the company’s permanent closure.
Since then, the email has circulated on social media, with customers who had previously purchased a vehicle from the retailer later receiving a message on Monday.
“Please be advised that effective March 1, 2023, the servicing of your account will be transferred from RAC Dealership LLC DRA American Car Center to Westlake Portfolio Management,” the message said.
Several hours later, Westlake, a debt collection agency located in California, emailed customers directions on how to make payments on any vehicles purchased from American Car Company.
At this time, the car dealership’s website includes a notification asking customers to continue making payments on the vehicles to American Financial online, over the phone, or in person at a CheckFreePay location.
