Chase’s auto loan division, whose partners include McLaren and Aston Martin, holds steady as other banks flee sector

A red Aston Martin Vantage on desplay behind a glass wall with a sign the reads Aston Martin above it. (Credit: John Keeble/Getty Images)

Like many other Americans, luxury car owners make monthly auto payments. When they pay, it is often to entities that carry the names of their cars—McLaren Financial Services, Aston Martin Financial Services, the Land Rover Financial Group—but who they actually pay is the country’s largest bank.

For JP Morgan Chase, car payments are big business. In its latest earnings report, the bank listed $85 billion in auto loans. All of that comes from a division called Chase Auto that, in addition to other products, runs a white label service that provides a full financing suite for auto giants, ranging from remarketing services to phone operators.