Financing? Not a worry.
That's the prevailing view of franchised dealers, a new survey developed by Cox Automotive found.
"Credit availability for consumers" ranked No. 8 out of 14 possible concerns on franchised dealers' minds, with 14 percent of dealers surveyed marking it as a concern. "Credit availability for business" -- say, for expanding the dealership or taking on more staff or inventory -- ranked dead last among concerns that might be keeping dealers awake at night; only 1 percent of dealers surveyed said it was an issue.
"Interest rates" was next-to-last, cited by 5 percent of respondents.
The top concern was "market conditions," flagged by 38 percent of dealers surveyed. Next was "competition," which was cited by 36 percent of respondents. The next three, with 20 or 21 percent of respondents identifying them, were "expenses," "consumer confidence" and "staff turnover."