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High used-vehicle prices put continued pressure on LTVs

Used LTVs averaged 123 in Q4

Riley Wolfbauer

Elevated vehicle prices have continued to put pressure on used-vehicle loan-to-value ratios. LTVs for used vehicles remained high in the fourth quarter while those for new vehicles were showing signs of relief.   The auto industry is still seeing high LTVs as vehicle prices have been “stubbornly high” and there are more cash buyers in the […]

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