Each of the publicly traded dealership groups in the third quarter posted a year-over-year increase in average finance-and-insurance profit per vehicle retailed.
Cox Automotive senior director of market insights and business solutions Jeremy Robb says an incentive can create a "ghost figure" promoting auto price depreciation.
JM&A Group also sees value in rebranding finance and insurance coverages with the term "EV."
Collective car loan debt is on track to surpass outstanding student loan debt, but the government has much less insight into the auto finance sector, according to the Consumer Financial Protection Bureau.
Car leases ending in 2022 can be bought for several thousand dollars less than the vehicles are worth, according to Cox Automotive and Lease End.