Cox Automotive dissects latest in credit tightening
The Dealertrack Credit Availability Index dipped 1% in January. Chart courtesy of Cox Automotive.
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Tuesday, Feb. 14, 2023, 03:59 PM
SubPrime Auto Finance News Staff
You likely weren’t overreacting if it seemed like it was more difficult to get your dealership’s contracts bought last month. Cox Automotive reported access to auto credit tightened again in January, according to the Dealertrack Credit Availability Index for all types of auto financing. The index declined 1% to 98.0 in January, reflecting that auto […]