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F&I - We Don't Just Train It,
We live it. Here's proof.

November-2022

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!…
201803-3-Laws-of-Every-Customer-Interaction-FI-Showroom

3 Laws of Every Customer Interaction

Rick McCormick
F&I managers succeed by ensuring their customers learn something, feel something, and are motivated to purchase the protection products they need.…
201803-How-much-is-too-much-FI-Showroom

How Much is too Much?

Ron Reahard
An F&I professional has a responsibility to review every customer's repayment, risk management, and vehicle options so they can make an informed decision about the options available in connection with their purchase.…
201802-Selling-to-Short-Term-Owners-FI-Showroom

Selling to Short-Term Owners

Ron Reahard
Unfortunately, if the F&I sales process is merely a prefabricated series of steps designed to lead customers to the "right" conclusion based on what we want them to buy, we're going to be disappointed a high percentage of the time.…
201801-Ask-The-Power-Questions-FI-Showroom

Ask The Power Questions

Rick McCormick
Listening is the most important part of communication; specifically, listening with the intent to learn more about the other person.…
201801-Selling-High-Mileage-VSC-Plans-FI-Showroom

So Here’s the Deal – Selling High-Mileage VSC Plans

Ron Reahard
The most important part of the F&I sales process is still discovering the customer's needs before presenting your products. Customer needs are the foundation upon which you have to build the sale of every F&I product.…
201712-Compliance-Plans-FI-Showroom

So Here’s the Deal – Selling Warranty Compliance Plans

Ron Reahard
Everyone knows that one of the best ways to avoid expensive repair costs is to properly maintain your vehicle. For most manufacturers, required maintenance items specified in the owner's manual are performed at the owner's expense. A few manufacturers include all recommended maintenance on their vehicles for a limited time.…
201711-Handling-the-Last-Car-Objection-FI-Showroom

So Here’s the Deal – Handling the ‘Last Car’ Objection

Ron Reahard
Older clients who say they are on their last car need to be protected just as much as a first-time buyer. Whether you have a first-buyer or a last-time buyer, overcoming this objection still comes down to good needs-discovery questions.…
201711-What-Are-You-Teaching-Auto-Dealer-Today

What are you teaching?

Ron Reahard
While life is the ultimate teacher, I have also learned a lot from some other fantastic teachers: automobile dealers. A successful dealer is always a good businessperson. But whether a dealer likes it or not, every day, they are also teaching their employees lessons they will never forget.…
201710-Closing-a-Closed-Customer-FI-Showroom

So Here’s The Deal – Closing a Sold Customer

Ron Reahard
The difference with cash buyers is they are not concerned about the payment or whether the package will fit into their budget. In their mind, they have agreed to purchase this one additional product and nothing else. They're already buying an additional product they weren't planning to buy and spending…
201709-Measuring-Up-FI-Showroom

So Here’s the Deal – Measuring Up

Ron Reahard
"No dealer expects a new F&I Manager to go from $900 to $1500 PVR in 60 days, but what they do expect to see is continued improvement. So if you're at $935 PVR and 0.72 PPVR this month, next month your goal should be at least $960 PVR and 0.77…