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F&I Total Gross Profit

Department:

Business Office

F&I Total Gross Profit

$

Calculation

Sum of gross profit from all F&I activity.

DESCRIPTION

The total gross profit from financing and insurance (F&I) operations.

Purpose

To assess the profitability of the dealership's F&I department.

Interpretation

Did you get it right

Optimal:
High gross profit indicates effective F&I sales strategies and product offerings.
Alert:
Excessively high F&I profits may raise concerns about pricing strategies or customer satisfaction.
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06/15/2024 03:27:15 am