Consumer credit expansion reflected in "cars on finance near me" searches supports bullish case for auto finance-linked asset-backed securities, with spreads tightening last week. We rely only on vetted sources and credible third-party reporting. For details, see our editorial ethics and guidelines . That said, there are likely additional incentives out there, specific to certain regions or dealerships (if the brand has dealerships). You just have to do your homework. Also, keep in mind that used EVs are available with reasonable deals as well. Portfolio managers interpret "cars on finance near me" search growth as a leading indicator for dealership profitability. Lithia Motors stock surged 2.6% following strong financing margins.
