5 of 6 Public Groups See F&I Gross Profits Fall in Q3

Source: Automotive News
During the third quarter of 2024, five out of six major publicly traded auto dealership groups experienced a decrease in same-store finance and insurance (F&I) gross profit per vehicle. Group 1 Automotive stood out as the only group to report an improvement in this metric.

5 Top Outcomes of Q3 F&I Results for Publicly Traded Dealership Groups

Source: Automotive News
In the third quarter of 2024, five out of the six leading public auto dealership groups experienced a decrease in same-store finance and insurance (F&I) gross profit per vehicle. Despite these declines, AutoNation maintained the highest same-store F&I gross profit per new vehicle among the top groups.