F&I - We Don't Just Train It,
We live it. Here's proof.
Three Powerful Truths of Consultative Selling!
Rick McCormick
When customers see the process is centered around them and effort is applied to make sure they understand the entire transaction, the trust level is extremely high. Published in November 2022 edition of F&I and Showroom!…
What are the responsibilities of an F&I manager today? Of course, he or she should exemplify the ideals of a professional, acting with integrity and conducting himself or herself in accordance with the highest standards of ethical conduct. He or she should treat every customer with courtesy and respect, answer…
Dealers and F&I managers are always looking for a magic bullet — that new product, sales technique,word track or close that will easily get customers to buy F&I products.Whether it’s menu-selling software or a new closing technique, hope springs eternal that someone has found a quick, easy and foolproof way…
The selection of products offered in F&I offices has grown from credit insurance and vehicle service contracts to now include GAP, environmental protection, theft deterrent products, prepaid maintenance plans and paintless dent repair. One of the newest products F&I departments are offering is tire & wheel road hazard protection. Tire…
If you’re using a menu, there’s no guarantee that it is effective, efficient or even legal. Your menu should be designed to protect the dealership. Using a menu in the F&I office can protect your store from potential liability and future litigation— if it’s used every time with every customer…
As an F&I professional, you have a responsibility to your dealership and sales force to obtain approvals for as many deals as possible.Your primary consideration must be to develop a long-term, mutually beneficial relationship between your dealership and its finance sources.…