How EV demand correlates to F&I attachment rates

The latest report from Assurant outlines EV market trends and the opportunities they’re opening for your dealership’s F&I team.

Factors driving EV demand:

  • Lower costs of production due to advances in technology 

  • Massive investment by government and industry 

  • Mass market interest due to proliferation of models 

  • Rising oil prices and increased consumer environmental awareness 


43% of U.S. car buyers would consider an EV for their next vehicle

 

Opportunities opened for your teams:

  • Tailored F&I products that cover EV batteries 

  • Sales team training designed to turn increased EV inventories into sales 

  • A digital retailing strategy that supports your overarching approach