Auto credit availability reached a two-year high in December as lending conditions continued to ease at yearend and average transaction prices rose. The Dealertrack Credit Availability Index rose to 99.6, its highest level since October 2022, climbing 3.6% year over year and 0.9% month over month, according to Cox Automotive data published on Jan. 12. Dealertrack Credit Availability Index Credit availability steadily improved through most […]
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