F&I Opportunities Arising From The Chip Shortage
The chip supply issue doesn’t look like it will resolve any time soon, so how can dealers best retain profitability in the F&I department?
The chip crisis is limiting new vehicle supply and driving the prices of used vehicles sky high. Unfortunately, the supply issue doesn’t look like it will resolve any time soon, so how can dealers best retain profitability in the F&I department? The logic is simple: if you’re not selling as many cars, you need to make more money per transaction. Here are a few recommendations to help make that happen.