Portfolio: Antimicrobials Propelled F&I in March and April
New data from Portfolio shows sales of antimicrobial treatments as a percentage of F&I product sales increased as more Americans sought protection from communicable diseases.

New data from Portfolio shows sales of antimicrobial treatments as a percentage of F&I product sales increased as more Americans sought protection from communicable diseases.
Image courtesy of Portfolio
LAKE FOREST, Calif. — Antimicrobial treatments gained ground as a percentage of all F&I product sales in March and April, reflecting renewed interest in eliminating and protecting against disease-causing pathogens among dealers, agents and consumers, according to internal data from Portfolio, a national provider and administrator of F&I products and dealer participation programs.
Having partnered with Cilajet and, more recently, Ultimar, we understand the value of these treatments and the advancements they have made over the past several years.
Applied to new and pre-owned vehicle and RV interiors at the dealership using provider-supplied chemicals and a sprayer or fogger, antimicrobial treatments are designed to eliminate and protect against pathogens and fungi that can transmit illnesses or cause odors and stains.
Antimicrobial treatments accounted for nearly 35% of chemical-based F&I products sold by Portfolio dealers in March and April, a nearly 20% market-share gain from the same period a year ago, executives reported, and the category’s share of all F&I product sales grew to nearly 3% even as total sales declined.
“Those were down months for us, of course, as they were for all providers, so this is encouraging news,” said Portfolio Vice President of Sales and Marketing Tanya Stevenson. “Having partnered with Cilajet and, more recently, Ultimar, we understand the value of these treatments and the advancements they have made over the past several years.”
With local and statewide stay-at-home orders expected to loosen in the months ahead, Stevenson encouraged dealers and agents to continue to make antimicrobials a priority.
“Wherever we stand in the fight against the pandemic, treating the interior is a smart choice for every vehicle and every customer, including those who declined at time of sale,” she said. “It’s a concrete step we as an industry can take to promote the health and safety of all Americans.”
Originally posted on Auto Dealer Today
More F&I

Get Ahead of the Change
A strong culture, among other things, will be a key differentiator for auto dealerships as the market speeds ahead to new heights, says industry veteran Joel Kansanback.
Read More →
F&I Without the Handoff
Get more familiar with what your dealer clients are really buying when they entrust you with finance-and-insurance.
Read More →
Affordability Shapes Auto Demand
Auto originations increased 1% in the first quarter, and electric vehicles are rebounding, according to TransUnion's latest credit report.
Read More →
The Evolution of Agency Development in Modern F&I
General agents have a different roadmap for success than their predecessors. It will pay for them to follow it in order to be true dealer partners.
Read More →
Four-Figure Loan Payments on the Rise
A LendingTree analysis found that location, age and credit score play a role in the rising amount of auto loan borrowers who make monthly payments of $1,000 or more.
Read More →
APCO Holdings Acquires Fidelity Dealer Services
The finance-and-insurance product provider says the addition strengthens EasyCare’s reach across key markets.
Read More →
Tariffs Could Raise Insurance Premiums
As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.
Read More →
Smaller Loans, Longer Terms
The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.
Read More →
Ensure Your Clients Are Sure About Reinsurance
Industry experts recently broke down the complicated profit center at Agent Summit. Learn what’s relevant and what’s new to share with your dealers.
Read More →
Car Loans More Plentiful
May access opens up, as risk segments figured largely in the increased availability, Cox Automotive reported.
Read More →