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Credit tightens across CPO loans

Used-vehicle prices fell 7% year over year in Q2 

Amanda Harris

Credit access across certified pre-owned loans tightened the most among all sales channels in July as used-vehicle prices came down in the second quarter.   Certified pre-owned (CPO) vehicle credit availability declined 2.5% year over year in July, marking the lowest CPO credit availability index since February 2021, Jonathan Gregory, senior manager of economic and […]

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