According to an article posted on SubPrime Auto Finance News, KeyBanc survey projects strong F&I income for largest dealer groups.
Cleveland, OH — As the largest publicly traded dealer groups prepare to make their fourth-quarter and full-year financial statements, a KeyBanc Capital Markets’ investor guidance survey gave an upbeat projection of what these stores accomplished in the finance office.
KeyBanc indicated an overwhelming majority (76 percent) of respondents said these groups should post continued increases in F&I gross profit per unit in the fourth quarter.
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