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    <link:label id="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_A14F6F9A27D05816184920F623EF3F9F_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_A14F6F9A27D05816184920F623EF3F9F" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Purchases of restricted securities available for sale</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_A14F6F9A27D05816184920F623EF3F9F_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_A14F6F9A27D05816184920F623EF3F9F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Available-for-sale Securities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PaymentsToAcquireAvailableForSaleSecurities" xlink:label="loc_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_A14F6F9A27D05816184920F623EF3F9F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_A14F6F9A27D05816184920F623EF3F9F" xlink:to="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_A14F6F9A27D05816184920F623EF3F9F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_C878DE42953C517E317620F623F01043_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_C878DE42953C517E317620F623F01043" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of restricted securities available for sale</link:label>
    <link:label id="lab_us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_C878DE42953C517E317620F623F01043_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_C878DE42953C517E317620F623F01043" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Sale and Maturity of Debt Securities, Available-for-sale</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_C878DE42953C517E317620F623F01043" xlink:to="lab_us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_C878DE42953C517E317620F623F01043" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_F8C04812E18855AFA90E20F623F0DDA3_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_F8C04812E18855AFA90E20F623F0DDA3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maturities of restricted securities available for sale</link:label>
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    <link:label id="lab_us-gaap_ProceedsFromCollectionOfLoansReceivable_298B9C71759BBA9D54C220F623F0DBD4_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromCollectionOfLoansReceivable_298B9C71759BBA9D54C220F623F0DBD4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Principal collected on Loans receivable</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ProceedsFromCollectionOfLoansReceivable" xlink:label="loc_us-gaap_ProceedsFromCollectionOfLoansReceivable_298B9C71759BBA9D54C220F623F0DBD4" xlink:type="locator" />
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    <link:label id="lab_cacc_AdvancesToDealers_810DAD313CA2F53A57BF20F623F0D6E4_negatedLabel_en-US" xlink:label="lab_cacc_AdvancesToDealers_810DAD313CA2F53A57BF20F623F0D6E4" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Advances to Dealers</link:label>
    <link:label id="lab_cacc_AdvancesToDealers_810DAD313CA2F53A57BF20F623F0D6E4_label_en-US" xlink:label="lab_cacc_AdvancesToDealers_810DAD313CA2F53A57BF20F623F0D6E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advances To Dealers</link:label>
    <link:label id="lab_cacc_AdvancesToDealers_810DAD313CA2F53A57BF20F623F0D6E4_documentation_en-US" xlink:label="lab_cacc_AdvancesToDealers_810DAD313CA2F53A57BF20F623F0D6E4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The cash outflow for non-recourse payments made to dealers under a portfolio program in exchange for the right to service the underlying consumer loans.</link:label>
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    <link:label id="lab_us-gaap_PaymentsToAcquireLoansReceivable_C8DA61B4D063B82B6DD920F623F089A6_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireLoansReceivable_C8DA61B4D063B82B6DD920F623F089A6" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Purchases of Consumer Loans</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireLoansReceivable_C8DA61B4D063B82B6DD920F623F089A6_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireLoansReceivable_C8DA61B4D063B82B6DD920F623F089A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Loans Receivable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PaymentsToAcquireLoansReceivable" xlink:label="loc_us-gaap_PaymentsToAcquireLoansReceivable_C8DA61B4D063B82B6DD920F623F089A6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireLoansReceivable_C8DA61B4D063B82B6DD920F623F089A6" xlink:to="lab_us-gaap_PaymentsToAcquireLoansReceivable_C8DA61B4D063B82B6DD920F623F089A6" xlink:type="arc" />
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    <link:label id="lab_cacc_AcceleratedPaymentsOfDealerHoldback_CD42644A855F9EA1CAC620F623F0A2B8_label_en-US" xlink:label="lab_cacc_AcceleratedPaymentsOfDealerHoldback_CD42644A855F9EA1CAC620F623F0A2B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accelerated Payments of Dealer Holdback</link:label>
    <link:label id="lab_cacc_AcceleratedPaymentsOfDealerHoldback_CD42644A855F9EA1CAC620F623F0A2B8_documentation_en-US" xlink:label="lab_cacc_AcceleratedPaymentsOfDealerHoldback_CD42644A855F9EA1CAC620F623F0A2B8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The cash outflow for payments made to dealers under our Portfolio Program at the time a pool of 100 or more consumer loans is closed by dealers with a single open pool or at the time 100 consumer loans have been collectively assigned by dealers with multiple open pools.</link:label>
    <link:loc xlink:href="cacc-20191231.xsd#cacc_AcceleratedPaymentsOfDealerHoldback" xlink:label="loc_cacc_AcceleratedPaymentsOfDealerHoldback_CD42644A855F9EA1CAC620F623F0A2B8" xlink:type="locator" />
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    <link:label id="lab_cacc_PaymentsOfDealerHoldback_67A5D0F517D8FEAD1FB020F623F0B038_label_en-US" xlink:label="lab_cacc_PaymentsOfDealerHoldback_67A5D0F517D8FEAD1FB020F623F0B038" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of Dealer Holdback</link:label>
    <link:label id="lab_cacc_PaymentsOfDealerHoldback_67A5D0F517D8FEAD1FB020F623F0B038_documentation_en-US" xlink:label="lab_cacc_PaymentsOfDealerHoldback_67A5D0F517D8FEAD1FB020F623F0B038" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The cash outflow for payments made to dealers under our Portfolio Program from the portion of the collections on the underlying consumer loans that exceed amounts retained by us to recover the advance balance, certain collection costs, and our servicing fee.</link:label>
    <link:loc xlink:href="cacc-20191231.xsd#cacc_PaymentsOfDealerHoldback" xlink:label="loc_cacc_PaymentsOfDealerHoldback_67A5D0F517D8FEAD1FB020F623F0B038" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_DEB992A8559BEBA3464320F623F16E7F_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_DEB992A8559BEBA3464320F623F16E7F" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Purchases of property and equipment</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_DEB992A8559BEBA3464320F623F16E7F" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_30746238DA4B6AF8D44620F623F1E571_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_30746238DA4B6AF8D44620F623F1E571" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities</link:label>
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_A47DFCC55E327C77DC2920F623F1482A_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_A47DFCC55E327C77DC2920F623F1482A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash Flows From Financing Activities:</link:label>
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    <link:label id="lab_us-gaap_ProceedsFromLongTermLinesOfCredit_A8DF64FEADDE0DB3274C20F623F1B1E2_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromLongTermLinesOfCredit_A8DF64FEADDE0DB3274C20F623F1B1E2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings under revolving secured line of credit</link:label>
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    <link:label id="lab_cacc_WarehouseFacilitiesMember_6F05C29531FF274E57BA314B40359188_terseLabel_en-US" xlink:label="lab_cacc_WarehouseFacilitiesMember_6F05C29531FF274E57BA314B40359188" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Warehouse Facilities [Member]</link:label>
    <link:label id="lab_cacc_WarehouseFacilitiesMember_6F05C29531FF274E57BA314B40359188_label_en-US" xlink:label="lab_cacc_WarehouseFacilitiesMember_6F05C29531FF274E57BA314B40359188" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Warehouse Facilities [Member]</link:label>
    <link:label id="lab_cacc_WarehouseFacilitiesMember_6F05C29531FF274E57BA314B40359188_documentation_en-US" xlink:label="lab_cacc_WarehouseFacilitiesMember_6F05C29531FF274E57BA314B40359188" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Warehouse facilities member.</link:label>
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    <link:label id="lab_cacc_TwoThousandSeventeenSeniorNotesMember_8127833AFDC41C5F2785314B40366CA7_terseLabel_en-US" xlink:label="lab_cacc_TwoThousandSeventeenSeniorNotesMember_8127833AFDC41C5F2785314B40366CA7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2017 Senior Notes [Member]</link:label>
    <link:label id="lab_cacc_TwoThousandSeventeenSeniorNotesMember_8127833AFDC41C5F2785314B40366CA7_label_en-US" xlink:label="lab_cacc_TwoThousandSeventeenSeniorNotesMember_8127833AFDC41C5F2785314B40366CA7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Two Thousand Seventeen Senior Notes [Member]</link:label>
    <link:label id="lab_cacc_TwoThousandSeventeenSeniorNotesMember_8127833AFDC41C5F2785314B40366CA7_documentation_en-US" xlink:label="lab_cacc_TwoThousandSeventeenSeniorNotesMember_8127833AFDC41C5F2785314B40366CA7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Two Thousand Seventeen Senior Notes [Member]</link:label>
    <link:loc xlink:href="cacc-20191231.xsd#cacc_TwoThousandSeventeenSeniorNotesMember" xlink:label="loc_cacc_TwoThousandSeventeenSeniorNotesMember_8127833AFDC41C5F2785314B40366CA7" xlink:type="locator" />
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    <link:label id="lab_us-gaap_SeniorLongTermNotes_889F697F1BC8FF0E9105314B40373156_terseLabel_en-US" xlink:label="lab_us-gaap_SeniorLongTermNotes_889F697F1BC8FF0E9105314B40373156" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior notes</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_SeniorLongTermNotes" xlink:label="loc_us-gaap_SeniorLongTermNotes_889F697F1BC8FF0E9105314B40373156" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DebtInstrumentIssuanceDate1_33672EAE0FA6B4D71900314B403739D2_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentIssuanceDate1_33672EAE0FA6B4D71900314B403739D2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Issuance Date</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentIssuanceDate1_33672EAE0FA6B4D71900314B403739D2_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentIssuanceDate1_33672EAE0FA6B4D71900314B403739D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Issuance Date</link:label>
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    <link:label id="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_D6268296318813C83BAC314B40387EDE_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_D6268296318813C83BAC314B40387EDE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Line of credit facility</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_D6268296318813C83BAC314B40387EDE" xlink:type="locator" />
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    <link:label id="lab_cacc_PercentageOfNetBookValueOfLoans_6109D144B2C9C97EB7B6314B4038793C_terseLabel_en-US" xlink:label="lab_cacc_PercentageOfNetBookValueOfLoans_6109D144B2C9C97EB7B6314B4038793C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of net book value of loans</link:label>
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    <link:label id="lab_cacc_PercentageOfNetBookValueOfLoans_6109D144B2C9C97EB7B6314B4038793C_documentation_en-US" xlink:label="lab_cacc_PercentageOfNetBookValueOfLoans_6109D144B2C9C97EB7B6314B4038793C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of net book value of loans, maximum.</link:label>
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    <link:label id="lab_cacc_MaximumHedgingReserve_C1F09A974CBEFB559BC6314B4038FF0F_terseLabel_en-US" xlink:label="lab_cacc_MaximumHedgingReserve_C1F09A974CBEFB559BC6314B4038FF0F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum hedging reserve</link:label>
    <link:label id="lab_cacc_MaximumHedgingReserve_C1F09A974CBEFB559BC6314B4038FF0F_label_en-US" xlink:label="lab_cacc_MaximumHedgingReserve_C1F09A974CBEFB559BC6314B4038FF0F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum Hedging Reserve</link:label>
    <link:label id="lab_cacc_MaximumHedgingReserve_C1F09A974CBEFB559BC6314B4038FF0F_documentation_en-US" xlink:label="lab_cacc_MaximumHedgingReserve_C1F09A974CBEFB559BC6314B4038FF0F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Maximum hedging reserve</link:label>
    <link:loc xlink:href="cacc-20191231.xsd#cacc_MaximumHedgingReserve" xlink:label="loc_cacc_MaximumHedgingReserve_C1F09A974CBEFB559BC6314B4038FF0F" xlink:type="locator" />
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    <link:label id="lab_cacc_NumberWarehouseFacilities_AD1E396345A75859FFEE314B40389648_documentation_en-US" xlink:label="lab_cacc_NumberWarehouseFacilities_AD1E396345A75859FFEE314B40389648" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Warehouse Facilities</link:label>
    <link:loc xlink:href="cacc-20191231.xsd#cacc_NumberWarehouseFacilities" xlink:label="loc_cacc_NumberWarehouseFacilities_AD1E396345A75859FFEE314B40389648" xlink:type="locator" />
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    <link:label id="lab_cacc_PercentageOfCollectionsOnContributedLoans_F3D45B47750BB56857D4314B40397B6F_terseLabel_en-US" xlink:label="lab_cacc_PercentageOfCollectionsOnContributedLoans_F3D45B47750BB56857D4314B40397B6F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of collections on contributed loans</link:label>
    <link:label id="lab_cacc_PercentageOfCollectionsOnContributedLoans_F3D45B47750BB56857D4314B40397B6F_label_en-US" xlink:label="lab_cacc_PercentageOfCollectionsOnContributedLoans_F3D45B47750BB56857D4314B40397B6F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage of collections on contributed loans</link:label>
    <link:label id="lab_cacc_PercentageOfCollectionsOnContributedLoans_F3D45B47750BB56857D4314B40397B6F_documentation_en-US" xlink:label="lab_cacc_PercentageOfCollectionsOnContributedLoans_F3D45B47750BB56857D4314B40397B6F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of collections on contributed loans</link:label>
    <link:loc xlink:href="cacc-20191231.xsd#cacc_PercentageOfCollectionsOnContributedLoans" xlink:label="loc_cacc_PercentageOfCollectionsOnContributedLoans_F3D45B47750BB56857D4314B40397B6F" xlink:type="locator" />
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    <link:label id="lab_cacc_MonthlyServicingFeePerFinancing_504D4EBA114BE8BDAEA3314B403914DF_terseLabel_en-US" xlink:label="lab_cacc_MonthlyServicingFeePerFinancing_504D4EBA114BE8BDAEA3314B403914DF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Monthly servicing fee per financing</link:label>
    <link:label id="lab_cacc_MonthlyServicingFeePerFinancing_504D4EBA114BE8BDAEA3314B403914DF_label_en-US" xlink:label="lab_cacc_MonthlyServicingFeePerFinancing_504D4EBA114BE8BDAEA3314B403914DF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Monthly Servicing Fee Per Financing</link:label>
    <link:label id="lab_cacc_MonthlyServicingFeePerFinancing_504D4EBA114BE8BDAEA3314B403914DF_documentation_en-US" xlink:label="lab_cacc_MonthlyServicingFeePerFinancing_504D4EBA114BE8BDAEA3314B403914DF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Monthly Servicing Fee Per Financing</link:label>
    <link:loc xlink:href="cacc-20191231.xsd#cacc_MonthlyServicingFeePerFinancing" xlink:label="loc_cacc_MonthlyServicingFeePerFinancing_504D4EBA114BE8BDAEA3314B403914DF" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_9BA5160D640D8E7346E8314B403961D8_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_9BA5160D640D8E7346E8314B403961D8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior notes stated interest rate</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_9BA5160D640D8E7346E8314B403961D8_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_9BA5160D640D8E7346E8314B403961D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Interest Rate, Stated Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_9BA5160D640D8E7346E8314B403961D8" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DebtInstrumentRepurchaseDate_F1AB0A5D349DF2EE89E4314B40395549_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentRepurchaseDate_F1AB0A5D349DF2EE89E4314B40395549" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Repurchase Date</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DebtInstrumentRepurchaseDate" xlink:label="loc_us-gaap_DebtInstrumentRepurchaseDate_F1AB0A5D349DF2EE89E4314B40395549" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RepaymentsOfSeniorDebt_032A1334F08414C1527A314B4039CEE9_terseLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfSeniorDebt_032A1334F08414C1527A314B4039CEE9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Repayments of senior notes</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_RepaymentsOfSeniorDebt" xlink:label="loc_us-gaap_RepaymentsOfSeniorDebt_032A1334F08414C1527A314B4039CEE9" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed_F4C5F295600D5E230A47314B403A5945_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed_F4C5F295600D5E230A47314B403A5945" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Redemption price, percentage of principal amount redeemed</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed" xlink:label="loc_us-gaap_DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed_F4C5F295600D5E230A47314B403A5945" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost_B534581AE89B25362CFF6A85DFBE016C_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost_B534581AE89B25362CFF6A85DFBE016C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Over five years to ten years, cost</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost_B534581AE89B25362CFF6A85DFBE016C" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost_B534581AE89B25362CFF6A85DFBE016C" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost_9CBA1E24A4DD4928146C6A85DFBF45EA_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost_9CBA1E24A4DD4928146C6A85DFBF45EA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Over ten years, cost</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost_9CBA1E24A4DD4928146C6A85DFBF45EA_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost_9CBA1E24A4DD4928146C6A85DFBF45EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-sale, Allocated and Single Maturity Date, Maturity, after 10 Years, Amortized Cost</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost_9CBA1E24A4DD4928146C6A85DFBF45EA" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost_9CBA1E24A4DD4928146C6A85DFBF45EA" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_6D96A2FFD98F65A3F15F6A85DFBF1EF0_totalLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_6D96A2FFD98F65A3F15F6A85DFBF1EF0" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total restricted securities available for sale, cost</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_6D96A2FFD98F65A3F15F6A85DFBF1EF0_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_6D96A2FFD98F65A3F15F6A85DFBF1EF0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-sale, Amortized Cost</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis" xlink:label="loc_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_6D96A2FFD98F65A3F15F6A85DFBF1EF0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_6D96A2FFD98F65A3F15F6A85DFBF1EF0" xlink:to="lab_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_6D96A2FFD98F65A3F15F6A85DFBF1EF0" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue_346A0F4A3EAF7BD2DFAF6A85DFBFB830_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue_346A0F4A3EAF7BD2DFAF6A85DFBFB830" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Within one year, estimated fair value</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue_346A0F4A3EAF7BD2DFAF6A85DFBFB830_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue_346A0F4A3EAF7BD2DFAF6A85DFBFB830" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, within One Year, Fair Value</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue_346A0F4A3EAF7BD2DFAF6A85DFBFB830" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue_346A0F4A3EAF7BD2DFAF6A85DFBFB830" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_AED1A1DF47EE6EFF2CFD6A85DFBF731D_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_AED1A1DF47EE6EFF2CFD6A85DFBF731D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Over one year to five years, estimated fair value</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_AED1A1DF47EE6EFF2CFD6A85DFBF731D_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_AED1A1DF47EE6EFF2CFD6A85DFBF731D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, after One Through Five Years, Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_AED1A1DF47EE6EFF2CFD6A85DFBF731D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_AED1A1DF47EE6EFF2CFD6A85DFBF731D" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_AED1A1DF47EE6EFF2CFD6A85DFBF731D" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_EF116B1765CB0034B05C6A85DFBF431B_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_EF116B1765CB0034B05C6A85DFBF431B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Over five years to ten years, estimated fair value</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_EF116B1765CB0034B05C6A85DFBF431B_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_EF116B1765CB0034B05C6A85DFBF431B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, after Five Through Ten Years, Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_EF116B1765CB0034B05C6A85DFBF431B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_EF116B1765CB0034B05C6A85DFBF431B" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_EF116B1765CB0034B05C6A85DFBF431B" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_5BA94F00C3CDD40FC38E6A85DFBFD48B_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_5BA94F00C3CDD40FC38E6A85DFBFD48B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Over ten years, fair value</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_5BA94F00C3CDD40FC38E6A85DFBFD48B_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_5BA94F00C3CDD40FC38E6A85DFBFD48B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, after 10 Years, Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_5BA94F00C3CDD40FC38E6A85DFBFD48B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_5BA94F00C3CDD40FC38E6A85DFBFD48B" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_5BA94F00C3CDD40FC38E6A85DFBFD48B" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesRestricted_C749774AFDC2EB24E6216A85DFBF75B0_totalLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesRestricted_C749774AFDC2EB24E6216A85DFBF75B0" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total restricted securities available for sale, estimated fair value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_AvailableForSaleSecuritiesRestricted" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesRestricted_C749774AFDC2EB24E6216A85DFBF75B0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesRestricted_C749774AFDC2EB24E6216A85DFBF75B0" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesRestricted_C749774AFDC2EB24E6216A85DFBF75B0" xlink:type="arc" />
    <link:label id="lab_cacc_PeriodAfterConsumerLoansWithNoForecastedFutureNetCashFlows_7E831175D0665FCF1E35314BD29EEAA6_terseLabel_en-US" xlink:label="lab_cacc_PeriodAfterConsumerLoansWithNoForecastedFutureNetCashFlows_7E831175D0665FCF1E35314BD29EEAA6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Age of Consumer Loans contractual payments due with no forecasted future net cash flows</link:label>
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    <link:label id="lab_cacc_ImpactofForecastChangeonCreditLosses_492FDBC25179E211446D314BD29E4FFB_terseLabel_en-US" xlink:label="lab_cacc_ImpactofForecastChangeonCreditLosses_492FDBC25179E211446D314BD29E4FFB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impact of Forecast Change on Credit Losses</link:label>
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    <link:label id="lab_cacc_ImpactofForecastChangeonCreditLosses_492FDBC25179E211446D314BD29E4FFB_documentation_en-US" xlink:label="lab_cacc_ImpactofForecastChangeonCreditLosses_492FDBC25179E211446D314BD29E4FFB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Impact of Forecast Change on Credit Losses</link:label>
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    <link:label id="lab_cacc_ImpactofForecastChangeonFinanceCharges_6C16BDF314725FFDE77F314BD29ECE5C_terseLabel_en-US" xlink:label="lab_cacc_ImpactofForecastChangeonFinanceCharges_6C16BDF314725FFDE77F314BD29ECE5C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impact of Forecast Change on Finance Charges</link:label>
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    <link:label id="lab_cacc_ImpactofForecastChangeonFinanceCharges_6C16BDF314725FFDE77F314BD29ECE5C_documentation_en-US" xlink:label="lab_cacc_ImpactofForecastChangeonFinanceCharges_6C16BDF314725FFDE77F314BD29ECE5C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Impact of Forecast Change on Finance Charges</link:label>
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