Sonic Automotive Inc.'s Q4 profit grew 21% over 2015's 4th quarter. The growth came mostly from gains in F&I gross profit and service/parts operations. More and more dealers are relying on F&I gross profit to boost their bottom line.Read More
GAP Insurance is a insurance product sold by dealerships in their F&I offices. It designed to protect you in case you total your car, and you owe more than the value of the vehicle.
We go thru scenarios where GAP insurance would be more or less important.Read More