Finance and insurance revenue keeps jumping at U.S. auto dealerships.
By any measure in Automotive News' second annual F&I survey of the nation's largest auto dealership groups, the F&I office is hot, hot, hot.
The survey looked at the auto retailers on Automotive News' list of the top 150 dealership groups based in the U.S., as ranked by new-vehicle retail sales in 2014. The results are drawn from the 141 groups that provided finance data for both 2014 and 2013.
Together, those groups topped the $7 billion mark in F&I income in 2014, up 15 percent from the year before.
Among the 141 groups, 120 boosted total F&I revenue and 103 averaged more than $1,000 in F&I revenue for every new and used vehicle they sold last year.
The pace was even faster among the biggest players.