More car dealers capping finance and insurance products amidst ethics concerns
Some dealers can mark up financing and insurance products by 100 percent, but most prefer to use sales volume to boost their bottom line. Doing so builds consistency and credibility among new buyers by eschewing large discounts or markups. Even so, several of the respondents in the AN survey reported record finance and insurance revenue through the third quarter of 2012, with dealers seeing over $1,200 per vehicle.
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