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Home » RumbleOn completes sale of finance portfolio in Q1

RumbleOn completes sale of finance portfolio in Q1

F&I revenue fell 0.7% in Q4

Riley WolfbauerbyRiley Wolfbauer
March 18, 2024
in Powersports Finance News
Reading Time: 4 mins read
0
Motorcycles driving down the highway

(Photo/Canva)

Powersports retailer RumbleOn’s sale of the RumbleOn Finance portfolio for $17 million in January allowed the company to reduce its term debt, the company reported during its fourth-quarter earnings call today, also noting that its finance and insurance revenue inched down.  Irving, Texas-based RumbleOn closed the sale of its finance portfolio, Chief Financial Officer Blake Lawson […]

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