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ATPs rise 2.2%, credit availability worsens 

Dealertrack Credit Availability Index fell 0.7% YoY 

James Van Bramer

Affordability challenges worsened as new-vehicle average transaction prices rose to their highest level since December 2023 in April, driven by a decline in incentives, and credit access decreased.   The average transaction price (ATP) for new vehicles increased 2.2% month over month to $48,510, down 0.5% from a year ago, according to Kelley Blue Book.. Though […]

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