Dealership F&I Profit Continues to Exceed Pre-Pandemic Levels
The average gross profit per vehicle from Finance and Insurance (F&I) at dealerships remains significantly higher than in 2019, with a 50% increase persisting through recent periods. This trend continues to be a notable aspect of the automotive retail landscape.
Industry experts continue to monitor this trend as it reflects changes in consumer financing and insurance products within the automotive sector. The sustained increase in F&I profits indicates a shift in dealership revenue streams that has outpaced pre-pandemic levels.
While specific factors contributing to this increase weren’t detailed in the original report, industry analysis suggests various potential influences, including changes in financing structures, insurance product offerings, and overall market conditions.
The Ethical F&I Managers Conference, where industry leaders like StoneEagle CEO Cindy Allen share insights, remains a significant platform for discussing these trends and their implications for the automotive retail industry.
