As the automotive industry undergoes continuous evolution, effective dealership profitability management becomes crucial in navigating the changing landscape. Economic factors play a significant role in shaping the performance of GAP insurance coverage, which directly affects dealers profitability. The strength of the economy and consumer purchasing power have a direct impact on vehicle sales and financing trends, making it essential for auto dealerships to adapt their strategies accordingly.
ebook: Assurant's GAP Performance Outlook 2023
What factors are influencing the future of the GAP insurance market?
In Assurant’s GAP Insurance 2023 Performance Outlook Report, you’ll discover:
- What factors influence the profitability of GAP insurance coverage
- How COVID-19 made this popular F&I (Finance & Insurance) product so profitable
- Relationships between GAP claims and market dynamics
- Why the right F&I partnership could help minimize volatility
Assurant Dealer Services offers a comprehensive suite of profit-maximizing F&I products, high-touch performance management, and immediate-impact training, we are dedicated to helping you excel in every aspect of your dealership. Benefit from our deep auto industry experience and extensive knowledge in F&I solutions. We understand the unique challenges and opportunities you face, and implement strategies to enhance your dealership's financial performance. Contact Us to learn more about sustainable growth in the dynamic F&I industry.