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Lithia Motors F&I revenue jumps 66% YoY in Q4

F&I gross profit per vehicle increased 23.3% YoY

Amanda HarrisbyAmanda Harris
February 9, 2022
in Earnings
Reading Time: 2 mins read
0

Lithia Motors’ finance and insurance (F&I) revenue continued its upward trajectory in the fourth quarter as vehicle sales improved. Total F&I revenue clocked in at $286.3 million, a 65.9% year-over-year increase in Q4, accounting for 4.5% of the retailer’s total revenue and 23% of gross profits. For the full year 2021, F&I revenue jumped 81.3% […]

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Tags: earningsfinance and insuranceLithia MotorsPremium
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