How much does a F&I Manager make in New Mexico? As of August 01, 2026, the average salary for a F&I Manager in New Mexico is $89,735 per year, which breaks down to an hourly rate of $43.

However, a F&I Manager's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $111,282
  • Majority Range (25th-75th percentile): $77,712 to $101,013
  • Entry-Level (10th percentile): $66,765

Key Factors That Influence F&I Manager Salaries

A F&I Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects F&I Manager Salaries?

Experience is a primary driver of a F&I Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $82,450
  • Early Career (1-2 years): $83,042
  • Mid-Level (2-4 years): $85,016
  • Senior-Level (5-8 years): $87,385
  • Expert (over 8 years): $90,048
Job RoleYears of ExperienceAverage Salary
Entry Level F&I Manager less than 1 year $82,450
Early Career Level F&I Manager 1-2 years $83,042
Mid-Level Level F&I Manager 2-4 years $85,016
Senior-Level Level F&I Manager 5-8 years $87,385
Expert Level F&I Manager over 8 years $90,048

Top Paying Cities for F&I Manager

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Algodones: $90,690
  • Belen: $90,185
  • Bernalillo: $90,851

F&I Manager Salary by Industry: Top Paying Sectors

For F&I Manager roles, the industry you choose can affect earning potential by as much as 110% (the gap between the highest and lowest paying industries). Data shows that the Insurance and Financial Services sectors offer the strongest compensation, at 60% above the average. In contrast, F&I Manager positions in Retail & Wholesale or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view F&I Manager as a support function rather than a direct revenue driver.

The top paying industries for a F&I Manager

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Insurance $143,576 $69.0 60%
Financial Services $107,682 $52.0 20%

F&I Manager Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a F&I Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on August 01, 2026
$77,712
Average $89,735/year
$101,013
$6,476
Average $7,478/month
$8,418
$1,494
Average $1,726/week
$1,943
$37
Average $43/hour
$49
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $101,013 $8,418 $1,943 $49
Average $89,735 $7,478 $1,726 $43
25th Percentile $77,712 $6,476 $1,494 $37

Find Your Next F&I Manager Job

Ready to take the next step in your career? Browse thousands of current F&I Manager job openings on our job board. Use the search bar below to find your perfect match.

  • Dollar General | Mimbres, NM

    Dollar General | Mimbres, NM

    Work Where You Matter At Dollar General, our mission is Serving Others. We value each and every one of our employees. Whether you are looking to launch a n... more

    6 Days Ago

  • Dollar General | Hurley, NM

    Dollar General | Hurley, NM

    Company Overview Dollar General Corporation has been delivering value to shoppers for more than 80 years. Dollar General helps shoppers Save time. Save mon... more

    6 Days Ago

  • Dollar General | La Plata, NM

    Dollar General | La Plata, NM

    Work Where You Matter At Dollar General, our mission is Serving Others. We value each and every one of our employees. Whether you are looking to launch a n... more

    6 Days Ago

  • Walmart Stores | Las Vegas, NM

    Walmart Stores | Las Vegas, NM

    Walmart Stores | Medical, Dental, Vision, Rx + 401(k) with match + PTO + 100% Reimbursement of Tuition & Books | Responsibilities: Lead and develop store t... more

    8 Days Ago

  • Walmart Stores | Los Lunas, NM

    Walmart Stores | Los Lunas, NM

    Walmart Stores | Medical, Dental, Vision, Rx + 401(k) with match + PTO + 100% Reimbursement of Tuition & Books | 2250 Main Street Northwest | Responsibilit... more

    8 Days Ago

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Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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