Lithia Motors 3rd Quarter Saw F&I Growth

October 30, 2014 – Lithia Motors, Inc. reported the highest third quarter adjusted net income in Company history.  F&I per vehicle was $1,202 compared to $1,105 last year. Lithia reported on its earnings call that of the vehicles they sold in the quarter they sold a service contract on 43% and sold lifetime oil product on 36%.

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Earnings Call Transcript from Seeking Alpha: