Sunday, June 19, 2022

5 of 6 publics top $2K in per-car F&I profit

5 of 6 publics top $2K in per-car F&I profit https://ift.tt/bDr45RJ

Five out of the six major publicly traded auto dealership groups produced more than $2,000 in same-store finance and insurance gross profit on every vehicle transaction during the first quarter. Asbury breached the $2,000 mark during the first quarter with a $2,376 same-store gross-profit, joining four of its peers there. Penske is the last of the six below $2,000, but it's less than $100 away.

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