Q3 brings positive F&I for Sonic, Asbury

Nov 05, 2020 06:05 pm | Amanda Harris

More consumers are shopping digitally due to the pandemic, and while moving financing completely online remains a challenge, it has not impacted the third-quarter F&I numbers for Charlotte, N.C.-based retailer Sonic Automotive. Sonic’s F&I revenue remained flat with last year at $127 million, according to the earnings presentation. F&I gross profit per retail unit increased […]

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