The Road to ROI with F&I

3 Benefits of Fill-in F&I Specialists

Posted by Vanguard Dealer Services on Aug 8, 2022 9:30:00 AM

Car dealerships sometimes face unpredictable circumstances. Most urgent among them are employee no-shows or spontaneous resignations that can leave the managing staff in a sticky situation. 

During these times, fill-in F&I Specialists can ensure that the workday continues without a hitch. Keep reading to find out more about fill-in F&I Specialists and why you should keep them on call.

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Topics: Finance & Insurance, dealership best practices, Fill-in F&I Specialists

How To Motivate Sales Agents on A Car Dealership Floor

Posted by Vanguard Dealer Services on Aug 1, 2022 9:30:00 AM

There are many symptoms of a lackluster car dealership floor - employees who have lost their drive, who have given up on the job. On the other hand, there are also plenty of auto dealerships with highly motivated employees who will stay with the company and work hard for years to come. Check out these tips that can help you motivate your sales team and make them feel engaged at their jobs!

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5 Tips to Keep Your Dealership Compliant

Posted by Vanguard Dealer Services on Jul 25, 2022 9:30:00 AM

The automotive industry has stringent laws that every dealership must comply with to protect customers and employers from unfavorable practices. Overlooking these laws can lead to hefty fines and penalties and a bad reputation for your dealership. But how do you keep your dealership compliant? Here are five strategies to ensure your dealership stays compliant.

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Topics: Auto Dealer Compliance Issues, compliance, dealership compliance

Creating Employee Motivation at your Dealership

Posted by Vanguard Dealer Services on Jul 18, 2022 9:30:00 AM

Employee motivation is one of the most important parts of running a successful dealership. There are some caveats though. For example, you've got to be able to establish an effective campaign to meet the needs of your dealership, as well as engage your employees. Positive behavior recognition is a strong tool to be used and can be effective in promoting company-wide growth through increased productivity. Therefore, when you've got a successful reward and recognition program implemented, the desired behaviors of your employees will become reality, engagement will be increased, and the company culture will be strengthened. To get all these positive benefits, you've got to be sure that you've clearly communicated your expectations of your employees.

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Topics: Dealership Employees, Sales Motivation, dealership best practices

5 Ways Dealerships Can Improve Their F&I Process

Posted by Vanguard Dealer Services on Jul 11, 2022 9:30:00 AM

With the increased accessibility of information on the internet, car shoppers already know what they want as soon as they enter the car dealership. They expect to spend their time at the dealership effectively and productively. Unfortunately, this is not the case. Half of all the car buyers have expressed dissatisfaction in the car buying process, primarily because of the amount of time spent in the sales process. This article will point out five effective ways dealerships can improve the F&I Process to optimize their sales process.

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Topics: Dealership Solutions, F&I Business Manager, F&I Process

Innovation Helps Increase Dealership Customer Retention

Posted by Vanguard Dealer Services on Jul 4, 2022 9:30:00 AM

With today's advanced technology, it's easy to see if your dealership's customer retention percentage is where you want it. If you're not paying attention to customer return statistics, you may not be retaining first-time customers that could be lifelong clients. Here are innovative steps to help your dealership turn customers into lifelong clients.

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Topics: Lifelong Customers, Dealership Customers, Customer Retention

3 Benefits of Fill-in F&I Specialists

Posted by Vanguard Dealer Services on Jun 27, 2022 9:30:00 AM

Car dealerships sometimes face unpredictable circumstances. Most urgent among them are employee no-shows or spontaneous resignations that can leave the managing staff in a sticky situation. 

During these times, fill-in F&I specialists can ensure that the workday continues without a hitch. Keep reading to find out more about fill-in F&I specialists and why you should keep them on call.

Read More

Topics: Dealership Employees, F&I Specialist, Fill-in F&I Specialists

Motivating Your Employees at Your Dealership

Posted by Vanguard Dealer Services on Jun 20, 2022 9:30:00 AM

Whether you want to increase your dealership productivity, good customer service, or increase sales, put a keen eye on your employees. Nothing delivers better sales and counters competition in the market like motivated employees. But in an environment where every leader is trying to motivate their team, how can you set yourself apart from the others?

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Topics: Dealership Employees, Dealership Solutions, Sales Motivation

The 5 Tips to Keep Up With Dealership Compliance

Posted by Vanguard Dealer Services on Jun 13, 2022 9:30:00 AM

How does your company meet its dealership compliance? Are you meeting the best market practices and trends? Dealerships need to stay compliant with the latest state and federal regulations. Here are ways a dealership can meet compliance to ensure its success.

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Topics: dealership compliance, F&I Compliance, dealership best practices

4 Ways to Grow Your Dealership Brand on Social Media

Posted by Vanguard Dealer Services on Jun 6, 2022 9:30:00 AM

Social media has moved from being an interactive platform to an entity that influences purchase decisions. Most people today use social media to find products they're interested in, and it's the same for car buyers.

The biggest challenge for dealerships is the stiff competition on these platforms, plus consumers' attention span is at its lowest. To build a strong auto-dealer brand online today, you need to stand out from the noise. This article explains four practical ways to grow your car business on social platforms.

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Topics: Social Media, Dealership Social Media, dealership branding

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