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    <link:loc xlink:href="cacc-20200331.xsd#cacc_AllowanceforCreditLossesMember" xlink:label="loc_cacc_AllowanceforCreditLossesMember_31B285CB0085175C635253F00ED82561" xlink:type="locator" />
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    <link:label id="lab_cacc_LoansandLeasesReceivableNetRollForward_EA619718FDB56DB6A65553F00ED9B999_terseLabel_en-US" xlink:label="lab_cacc_LoansandLeasesReceivableNetRollForward_EA619718FDB56DB6A65553F00ED9B999" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans and Leases Receivable, Net [Roll Forward]</link:label>
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    <link:loc xlink:href="cacc-20200331.xsd#cacc_FinanceChargesRevenue" xlink:label="loc_cacc_FinanceChargesRevenue_A9CBD3DD75A954D4E46D53F00EDA344A" xlink:type="locator" />
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    <link:label id="lab_cacc_AcceleratedPaymentsOfDealerHoldback_6BE1DEEC1362F2649C8753F00EDB6AF0_terseLabel_en-US" xlink:label="lab_cacc_AcceleratedPaymentsOfDealerHoldback_6BE1DEEC1362F2649C8753F00EDB6AF0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accelerated Payments of Dealer Holdback</link:label>
    <link:label id="lab_cacc_AcceleratedPaymentsOfDealerHoldback_6BE1DEEC1362F2649C8753F00EDB6AF0_label_en-US" xlink:label="lab_cacc_AcceleratedPaymentsOfDealerHoldback_6BE1DEEC1362F2649C8753F00EDB6AF0" 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_6BE1DEEC1362F2649C8753F00EDB6AF0_documentation_en-US" xlink:label="lab_cacc_AcceleratedPaymentsOfDealerHoldback_6BE1DEEC1362F2649C8753F00EDB6AF0" 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-20200331.xsd#cacc_AcceleratedPaymentsOfDealerHoldback" xlink:label="loc_cacc_AcceleratedPaymentsOfDealerHoldback_6BE1DEEC1362F2649C8753F00EDB6AF0" xlink:type="locator" />
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    <link:label id="lab_cacc_PaymentsOfDealerHoldback_35FD69A70220AA46C5A353F00EDB339F_documentation_en-US" xlink:label="lab_cacc_PaymentsOfDealerHoldback_35FD69A70220AA46C5A353F00EDB339F" 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-20200331.xsd#cacc_PaymentsOfDealerHoldback" xlink:label="loc_cacc_PaymentsOfDealerHoldback_35FD69A70220AA46C5A353F00EDB339F" xlink:type="locator" />
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    <link:label id="lab_cacc_LoansAndLeasesReceivableTransfers_D45B0C04C25B60EA689053F00EDB7B29_negatedTerseLabel_en-US" xlink:label="lab_cacc_LoansAndLeasesReceivableTransfers_D45B0C04C25B60EA689053F00EDB7B29" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Loans And Leases Receivable Transfers</link:label>
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    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_8EC396E3527CADC9F338C21C6BE145B9_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_8EC396E3527CADC9F338C21C6BE145B9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Over ten years, fair value</link:label>
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    <link:label id="lab_us-gaap_Depreciation_C18B17945CF56A3140E528402A5B930E_terseLabel_en-US" xlink:label="lab_us-gaap_Depreciation_C18B17945CF56A3140E528402A5B930E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation</link:label>
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    <link:label id="lab_us-gaap_AmortizationOfFinancingCostsAndDiscounts_BD4711D1DFDA5A829B6D28402A5B9719_label_en-US" xlink:label="lab_us-gaap_AmortizationOfFinancingCostsAndDiscounts_BD4711D1DFDA5A829B6D28402A5B9719" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization of Debt Issuance Costs and Discounts</link:label>
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    <link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_3E7C110837E3D59F437528402A5BF17D_verboseLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_3E7C110837E3D59F437528402A5BF17D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Provision (benefit) for deferred income taxes</link:label>
    <link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_3E7C110837E3D59F437528402A5BF17D_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_3E7C110837E3D59F437528402A5BF17D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Expense (Benefit)</link:label>
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    <link:label id="lab_us-gaap_ShareBasedCompensation_A0975CC5FCA86D8E1D4528402A5BD706_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_A0975CC5FCA86D8E1D4528402A5BD706" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock-based compensation</link:label>
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    <link:label id="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_3E9EEBD40239319E624F28402A5C6E29_label_en-US" xlink:label="lab_us-gaap_OtherOperatingActivitiesCashFlowStatement_3E9EEBD40239319E624F28402A5C6E29" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Operating Activities, Cash Flow Statement</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_594F4126B8702A65EC5828402A5CBE57" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInIncomeTaxesReceivable" xlink:label="loc_us-gaap_IncreaseDecreaseInIncomeTaxesReceivable_BCA0A7D7CD499CE36C1A28402A5C88D1" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt_7BCEBECB1AAB2D69DCD428402A5EA456_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt_7BCEBECB1AAB2D69DCD428402A5EA456" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from Sale of Debt Securities, Available-for-sale</link:label>
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    <link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_05EF1A797B73CDE9F4F428402A5F7352_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_05EF1A797B73CDE9F4F428402A5F7352" 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/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_05EF1A797B73CDE9F4F428402A5F7352" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_7E5C124248CDF9F18ED753DE9FEC5BA6_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_7E5C124248CDF9F18ED753DE9FEC5BA6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Maximum Borrowing Capacity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_7E5C124248CDF9F18ED753DE9FEC5BA6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_7E5C124248CDF9F18ED753DE9FEC5BA6" xlink:to="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_7E5C124248CDF9F18ED753DE9FEC5BA6" xlink:type="arc" />
    <link:label id="lab_cacc_PercentageOfNetBookValueOfLoans_1DE99C453396FBCC597553DE9FECE77D_terseLabel_en-US" xlink:label="lab_cacc_PercentageOfNetBookValueOfLoans_1DE99C453396FBCC597553DE9FECE77D" 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>
    <link:label id="lab_cacc_PercentageOfNetBookValueOfLoans_1DE99C453396FBCC597553DE9FECE77D_label_en-US" xlink:label="lab_cacc_PercentageOfNetBookValueOfLoans_1DE99C453396FBCC597553DE9FECE77D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Net Book Value Of Loans</link:label>
    <link:label id="lab_cacc_PercentageOfNetBookValueOfLoans_1DE99C453396FBCC597553DE9FECE77D_documentation_en-US" xlink:label="lab_cacc_PercentageOfNetBookValueOfLoans_1DE99C453396FBCC597553DE9FECE77D" 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>
    <link:loc xlink:href="cacc-20200331.xsd#cacc_PercentageOfNetBookValueOfLoans" xlink:label="loc_cacc_PercentageOfNetBookValueOfLoans_1DE99C453396FBCC597553DE9FECE77D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cacc_PercentageOfNetBookValueOfLoans_1DE99C453396FBCC597553DE9FECE77D" xlink:to="lab_cacc_PercentageOfNetBookValueOfLoans_1DE99C453396FBCC597553DE9FECE77D" xlink:type="arc" />
    <link:label id="lab_cacc_MaximumHedgingReserve_55EC1C84D88B130AB13753DE9FECB179_terseLabel_en-US" xlink:label="lab_cacc_MaximumHedgingReserve_55EC1C84D88B130AB13753DE9FECB179" 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_55EC1C84D88B130AB13753DE9FECB179_label_en-US" xlink:label="lab_cacc_MaximumHedgingReserve_55EC1C84D88B130AB13753DE9FECB179" 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_55EC1C84D88B130AB13753DE9FECB179_documentation_en-US" xlink:label="lab_cacc_MaximumHedgingReserve_55EC1C84D88B130AB13753DE9FECB179" 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-20200331.xsd#cacc_MaximumHedgingReserve" xlink:label="loc_cacc_MaximumHedgingReserve_55EC1C84D88B130AB13753DE9FECB179" xlink:type="locator" />
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    <link:label id="lab_cacc_NumberWarehouseFacilities_50C849F930F49063576453DE9FEC0A8E_terseLabel_en-US" xlink:label="lab_cacc_NumberWarehouseFacilities_50C849F930F49063576453DE9FEC0A8E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of warehouse facilities</link:label>
    <link:label id="lab_cacc_NumberWarehouseFacilities_50C849F930F49063576453DE9FEC0A8E_label_en-US" xlink:label="lab_cacc_NumberWarehouseFacilities_50C849F930F49063576453DE9FEC0A8E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Warehouse Facilities</link:label>
    <link:label id="lab_cacc_NumberWarehouseFacilities_50C849F930F49063576453DE9FEC0A8E_documentation_en-US" xlink:label="lab_cacc_NumberWarehouseFacilities_50C849F930F49063576453DE9FEC0A8E" 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-20200331.xsd#cacc_NumberWarehouseFacilities" xlink:label="loc_cacc_NumberWarehouseFacilities_50C849F930F49063576453DE9FEC0A8E" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DebtInstrumentIssuer_8DBCD2C504853F50B2D953DE9FECC85A_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentIssuer_8DBCD2C504853F50B2D953DE9FECC85A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Issuer</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentIssuer_8DBCD2C504853F50B2D953DE9FECC85A_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentIssuer_8DBCD2C504853F50B2D953DE9FECC85A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Issuer</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentIssuer" xlink:label="loc_us-gaap_DebtInstrumentIssuer_8DBCD2C504853F50B2D953DE9FECC85A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentIssuer_8DBCD2C504853F50B2D953DE9FECC85A" xlink:to="lab_us-gaap_DebtInstrumentIssuer_8DBCD2C504853F50B2D953DE9FECC85A" xlink:type="arc" />
    <link:label id="lab_cacc_PercentageOfCollectionsOnContributedLoans_313EAEDA7B7313F9394453DE9FEC0BD3_terseLabel_en-US" xlink:label="lab_cacc_PercentageOfCollectionsOnContributedLoans_313EAEDA7B7313F9394453DE9FEC0BD3" 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_313EAEDA7B7313F9394453DE9FEC0BD3_label_en-US" xlink:label="lab_cacc_PercentageOfCollectionsOnContributedLoans_313EAEDA7B7313F9394453DE9FEC0BD3" 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_313EAEDA7B7313F9394453DE9FEC0BD3_documentation_en-US" xlink:label="lab_cacc_PercentageOfCollectionsOnContributedLoans_313EAEDA7B7313F9394453DE9FEC0BD3" 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-20200331.xsd#cacc_PercentageOfCollectionsOnContributedLoans" xlink:label="loc_cacc_PercentageOfCollectionsOnContributedLoans_313EAEDA7B7313F9394453DE9FEC0BD3" xlink:type="locator" />
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    <link:label id="lab_cacc_MonthlyServicingFeePerFinancing_D63C57248C3119ACAE1953DE9FEC9808_terseLabel_en-US" xlink:label="lab_cacc_MonthlyServicingFeePerFinancing_D63C57248C3119ACAE1953DE9FEC9808" 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_D63C57248C3119ACAE1953DE9FEC9808_label_en-US" xlink:label="lab_cacc_MonthlyServicingFeePerFinancing_D63C57248C3119ACAE1953DE9FEC9808" 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_D63C57248C3119ACAE1953DE9FEC9808_documentation_en-US" xlink:label="lab_cacc_MonthlyServicingFeePerFinancing_D63C57248C3119ACAE1953DE9FEC9808" 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-20200331.xsd#cacc_MonthlyServicingFeePerFinancing" xlink:label="loc_cacc_MonthlyServicingFeePerFinancing_D63C57248C3119ACAE1953DE9FEC9808" xlink:type="locator" />
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    <link:label id="lab_cacc_Debtfinancingclosedate_CAA954229CCE286042AE53DE9FEC9671_terseLabel_en-US" xlink:label="lab_cacc_Debtfinancingclosedate_CAA954229CCE286042AE53DE9FEC9671" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt financing close date</link:label>
    <link:loc xlink:href="cacc-20200331.xsd#cacc_Debtfinancingclosedate" xlink:label="loc_cacc_Debtfinancingclosedate_CAA954229CCE286042AE53DE9FEC9671" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cacc_Debtfinancingclosedate_CAA954229CCE286042AE53DE9FEC9671" xlink:to="lab_cacc_Debtfinancingclosedate_CAA954229CCE286042AE53DE9FEC9671" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentIssuanceDate1_2A85BACC7B5E7C05F1BC53DE9FECA047_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentIssuanceDate1_2A85BACC7B5E7C05F1BC53DE9FECA047" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Close date, secured financings</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentIssuanceDate1_2A85BACC7B5E7C05F1BC53DE9FECA047_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentIssuanceDate1_2A85BACC7B5E7C05F1BC53DE9FECA047" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Issuance Date</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentIssuanceDate1" xlink:label="loc_us-gaap_DebtInstrumentIssuanceDate1_2A85BACC7B5E7C05F1BC53DE9FECA047" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentIssuanceDate1_2A85BACC7B5E7C05F1BC53DE9FECA047" xlink:to="lab_us-gaap_DebtInstrumentIssuanceDate1_2A85BACC7B5E7C05F1BC53DE9FECA047" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_0E10A4660698B93C00F353DE9FEC045F_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_0E10A4660698B93C00F353DE9FEC045F" 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_0E10A4660698B93C00F353DE9FEC045F_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_0E10A4660698B93C00F353DE9FEC045F" 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/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_0E10A4660698B93C00F353DE9FEC045F" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DebtInstrumentMaturityDate_ECF8A36E7142C21049E553DE9FEC5559_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentMaturityDate_ECF8A36E7142C21049E553DE9FEC5559" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt maturity date</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentMaturityDate" xlink:label="loc_us-gaap_DebtInstrumentMaturityDate_ECF8A36E7142C21049E553DE9FEC5559" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed_912C083DB4D38EBD955353DE9FEC2C8F_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed_912C083DB4D38EBD955353DE9FEC2C8F" 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>
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed_912C083DB4D38EBD955353DE9FEC2C8F_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed_912C083DB4D38EBD955353DE9FEC2C8F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed" xlink:label="loc_us-gaap_DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed_912C083DB4D38EBD955353DE9FEC2C8F" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_FCB44B3E54132B904AD253DE9FEC0DBB_verboseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_FCB44B3E54132B904AD253DE9FEC0DBB" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Senior notes yield to maturity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentInterestRateEffectivePercentage" xlink:label="loc_us-gaap_DebtInstrumentInterestRateEffectivePercentage_FCB44B3E54132B904AD253DE9FEC0DBB" xlink:type="locator" />
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    <link:label id="lab_cacc_DebtInstrumentCovenantNetIncomeForPastTwoQuarters_BA583B950A8E7BE703B753DE9FEC6B40_terseLabel_en-US" xlink:label="lab_cacc_DebtInstrumentCovenantNetIncomeForPastTwoQuarters_BA583B950A8E7BE703B753DE9FEC6B40" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt covenants</link:label>
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    <link:label id="lab_cacc_DebtInstrumentCovenantNetIncomeForPastTwoQuarters_BA583B950A8E7BE703B753DE9FEC6B40_documentation_en-US" xlink:label="lab_cacc_DebtInstrumentCovenantNetIncomeForPastTwoQuarters_BA583B950A8E7BE703B753DE9FEC6B40" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Instrument Covenant Net Income For Past Two Quarters</link:label>
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    <link:label id="lab_cacc_NetBookValueOfLoansPledgedAsCollateral_1A6392E05894B285DEBA53DE9FEC10B6_terseLabel_en-US" xlink:label="lab_cacc_NetBookValueOfLoansPledgedAsCollateral_1A6392E05894B285DEBA53DE9FEC10B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Book Value Of Loans Pledged As Collateral</link:label>
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