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Credit access up 2.9% as subprime share climbs 

Incentive packages hit 7.2% of ATP 

Credit availability improved year over year in January amid elevated average transaction prices.  An increase in the share of subprime loans worked in favor of consumers’ access to auto credit during the month, while changes in approval rates and yield spreads restricted credit access, according to Cox Automotive.  The Dealertrack Credit Availability Index rose to […]

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