Home Loans Aftermarket product chargebacks cut into dealer F&I profit

Aftermarket product chargebacks cut into dealer F&I profit

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Aftermarket product chargebacks cut into dealer F&I profit


Chargebacks related to early cancellations of aftermarket products are squeezing already tight finance and insurance profits for dealers.  Back–end profits have returned as a key to dealer profitability, but chargebacks from early cancellations are costly and complicated, Shirley Jones, chief financial officer of Car Pros Automotive Group, said during the Jan. 14 Auto Finance News […]



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