Wealth management Reinsurance and wealth management are complicated subject matter. As a dealer, your concerns are focused on whether your F&I products are aligned and tailored to your reinsurance goals. All decisions you make on F&I products impact the health and vitality of your ...
A Guide to Achieving Desired Outcomes in F&I Focus is the foundation for clear perception and understanding. When you expect a specific outcome, you’re more likely to achieve it—especially when you channel your energy intentionally toward success.
Dealers face unique challenges with staffing. The fast-paced environment, high expectations, and relentless focus on sales can take a toll on employees, leading to burnout if not addressed proactively. Strengthening your staff and effectively managing burnout are crucial for maintaining a motivated ...
In every automotive dealership, the sales team follows a well-defined Road to the Sale—a process that takes customers through critical steps from the initial greeting to the final handshake. Yet, when it comes to the Finance & Insurance (F&I) department, that same clarity of process can ...
Why today’s automotive finance managers must adapt to meet the evolving demands of the modern car buyer.
Now more than ever, retention and loyalty are essential in the automotive industry. The digital transformation has brought a wave of competition to auto dealerships. It’s now easy for consumers to buy a vehicle from far away, even across the country, and have it shipped directly to their home. In ...
Adapting to Market Changes: New Strategies for Automotive Dealerships The automotive retail landscape has undergone significant transformations in recent years, particularly evident in the shift from new to used vehicle sales. In 2021, franchised car dealerships saw an increase in used vehicle ...
Stay Consistent. Back to the Basics. Keep Your Foot on the Pedal. These are all common phrases spoken to sales professionals, but how often are these mindsets applied to sales management? A strong, consistently followed process can transform a mediocre sales manager into a good one and a good sales ...
Across the United States, many dealerships face significant challenges in the compliance aspect of the automotive industry, particularly concerning employee training and process implementation. The following points highlight key issues:
In the ever-changing landscape of the automotive industry, dealership owners/dealer principals face an array of uncertainties. From fluctuating interest rates to fluctuating inventory levels, the focus must remain on selling cars, providing top-notch service, and maintaining the dealership's ...
