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Home » Shift Technologies’ F&I revenue jumps 488% YoY

Shift Technologies’ F&I revenue jumps 488% YoY

Finance and insurance GPU increased 88% YoY

Joey PizzolatobyJoey Pizzolato
May 26, 2021
in Earnings
Reading Time: 2 mins read
0
Loan Aggregator to Shift Business Model to Reduce Dealer Flips

© Can Stock Photo / gunnar3000

E-commerce platform Shift Technologies has continued its expansion of finance and insurance (F&I) offerings, one of company’s three strategic priorities to growth, setting new records in gross profit per unit in the first quarter. Other revenue, or F&I offerings on e-commerce vehicles sold, soared 488% year over year to $4.0 million, driven by investments made […]

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