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RumbleOn F&I revenue falls 14%

Powersports unit sales dropped 12.3% QoQ

Riley Wolfbauer

RumbleOn’s third-quarter earnings were marked by a decrease in finance and insurance (F&I) revenue as unit sales fell and new-vehicle inventory improved.  F&I revenue in Q3 dropped 14.3% sequentially but jumped 411% YoY to $31.6 million, according to the earnings release.  Originations of finance receivables net of principle payments received in Q3 clocked in at […]

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