F&I Cancellations?
- By jscole86
- Off Topic & Everything Else
- 9 Replies
@Zack_AF mentioned auto delinquencies being up, so those cancellations would be on behalf of the lender canceling if they got their car back. Most sub prime customers need GAP, so that would make the most sense.I don't understand the cancellations due to household budgets.
When VSC or GAP cancels, the monthly payment doesn't change. Or all of these people trading and that is the reason for the cancellation?