Discount Tire, GE Capital renew agreement

March 26, 2012

GE Capital Retail Bank has announced a multi-year renewal to continue providing financing for customers of Discount Tire Co. Inc. Discount Tire is number two on the Modern Tire Dealer 100 list.

GE Capital’s Retail Finance business, the operating entity that provides financial solutions to retailers and dealers to help grow their customer sales, will continue to manage the Discount Tire relationship and service the account.

The Discount Tire CarCareONE credit card program began in 1997, It provides customers with convenient payment options and benefits for their full-service tire replacement, wheel, and maintenance and repair purchases at any of the company’s more than 800 stores and online at or

Cardholders can qualify for rebates, promotional financing terms, exclusive savings, e-bill and e-payment, and other options.

“The CarCareONE financing program is an essential tool for supporting our growth initiatives and an important part of our service offering, giving customers payment options that enable them to budget for planned and unplanned auto care,” said Christian Roe, chief financial officer of finance for Discount Tire.

“GE Capital understands the needs of our customers and our business as we continue to evolve.”

Established in 1960 and headquartered in Scottsdale, Ariz., Discount Tire operates more than 800 stores in 23 states. It offers one of the largest selections of leading brand tires and wheels, as well as full-service tire service and repair. Over the past half century, Discount Tire has grown to become the world's largest independent tire and wheel retailer today.

For more than 75 years, GE Capital’s Retail Finance business has provided billions of dollars in consumer financing through major retailers and more than 200,000 small- and mid-sized businesses throughout the United States.