RumbleOn F&I revenue falls 5.8% QoQ
Powersports retailer RumbleOn is working closely with manufacturers to align inventory with market realities as retail sales and finance and ...
Tag: finance and insurance
AutoNation, Lithia captive originations up sequentially
Retailers’ captive finance originations grew in the first quarter and finance and insurance revenue was mixed as sales and inventory ...
Vroom repays Ally Financial, nears e-commerce wind-down completion
Vroom has paid the balance on its floorplan facility with Ally Financial, sold nearly all of its used-vehicle inventory, cut ...
Best practices to increase F&I product revenue
As vehicle prices and interest rates remain elevated, monthly payments continue to hover around all-time highs, making it more difficult ...
Dealership F&I revenue varies in Q4
Retailers’ finance and insurance revenue was mixed in the fourth quarter as floorplan interest expense jumped at every major retailer ...
AutoNation Finance originations up 74%
AutoNation Finance’s origination volume jumped 74% sequentially in the fourth quarter as the retailer launched captive financing at nearly all ...
The last frontier: Dealers focus on aftermarket as margins shrink
Declining vehicle margins have dealers increasing their focus on a main profit center: the finance and insurance office. Lenders, meanwhile, ...
Group 1 F&I revenue grows 8%
Group 1 Automotive’s finance and insurance profits increased in the fourth quarter while finance attachment rates were pressured. The retailer’s ...
