CategoryFinance Insurance

F&I profits hold steady for dealers

F&I income represented 2.9 percent of new-vehicle sales and 3.8 percent of used-vehicle sales in 2018, compared with 2.9 percent and 3.7 percent in 2017, according to NADA’s annual financial profile of U.S. franchised new-vehicle dealerships. (DAVID PHILLIPS)
April 10, 2019 03:29 PM