F&I Products: The Secret to Increased Profits in Car Sales

Introduction Car dealerships have long relied on finance and insurance (F&I) products to boost their profitability. While selling vehicles brings in revenue, the real secret to increased profits lies in F&I products. These add-ons provide dealerships with high-margin sales opportunities and contribute significantly to their bottom line. Additionally, M&A advisory services play a crucial role in dealership growth, helping businesses navigate acquisitions and maximize revenue streams, including F&I. In this article, we’ll explore how F&I products drive dealership profits, the impact of M&A advisory services , and strategies to optimize these revenue-generating opportunities. What Are F&I Products? F&I (Finance and Insurance) products refer to the additional services and protections offered to customers when purchasing a vehicle. These products enhance the customer experience by providing financial security and coverage for unexpected expenses. Types ...