Group 1 Posts 12.3% Increase in F&I Revenue
The dealer group’s U.S. F&I operations raised its per-copy average $91 to $1,442 in the second quarter. On a year-to-date basis, the group's per-copy average rose $128 from a year ago to $1,499.
The dealer group’s U.S. F&I operations raised its per-copy average $91 to $1,442 in the second quarter. On a year-to-date basis, the group's per-copy average rose $128 from a year ago to $1,499.
National Auto Care will now offer a white-labeled version of Fidelis PPM's prepaid maintenance program as part of its F&I product roster.
The percentage of vehicle owners with complimentary or prepaid vehicle maintenance packages has more than doubled during the past five years, according to a study by J.D. Power. The growth of such offerings is helping to drive up loyalty and repurchase rates for OEMs and dealers.
The ‘Father of the F&I Menu’ weighs in on leasing’s second-quarter boom. He also lays out six products that need to be on your lease menu.
After private labeling MediaTrac's prepaid maintenance program, Honda Cars of Boston reports that 40 percent of lease customers are opting for the plan.
According to a recent study from MediaTrac, dealers using UltraCare Prepaid Maintenance are cashing in on additional revenue with each RO.
The magazine releases the names of the five finalists vying for the IAS-sponsored F&Idol award. The winner will be named next week at Industry Summit 2012.
News study from DMEautomotive confirms that prepaid maintenance plans drive service retention, but also reveals that one in four customers still stray from the dealership while under a plan.
The F&I product provider's newest program doubles as a customer loyalty program and a long-term, wealth-building opportunity for dealers.
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