On the Dash: Dealertrack index hit 105 in July, its highest reading since November 2015 Approval rates rose to 74%, up for a fourth straight month Loan terms over 72 months held at a record 31.1% share The Dealertrack Credit Availability Index rose to 105 in July, its highest reading since November 2015, according to Cox Automotive. The All-Loans Index increased 0.5% from June and stands 7% above July 2025. Cox Automotive attributed the monthly gain mainly to a narrowing yield spread and continued improvement in loan approval rates. A pullback in subprime share offset some of those gains. Sign up for CBT News’ daily newsletter and get the latest…
