While gross margins are high, operating costs are steep. Benchmark reports for 2024–2025 show net income before taxes typically lands between 2% and 6% after accounting for bad debt and high overhead.
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Buy Here Pay Here GAP Coverage for Dealers - Elite FI Partners While gross margins are high, operating costs are steep
Recent data shows that while the industry is stabilizing after pandemic-era peaks, it remains highly lucrative: While gross margins are high