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According to the trade group’s NADA Data 2016 report, dealership employees had one of the highest average salaries of any industry.
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Vehicle sales were up for franchised dealers last year, as was profitability, according to the NADA’s annual state-of-the-industry report. Results also showed that F&I continued to make up for falling margins, which fell to a 10-year low.
Read More →The typical dealership generated $785,855 in pretax profit, according to the association’s annual performance report, which showed strong gains in F&I and service-contract dollars.
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