The Road to ROI with F&I

Tips to Equip your Dealership to Maintain Compliance

Posted by Vanguard Dealer Services on Oct 3, 2022 9:30:00 AM

There are state and federal regulations that every car dealership is required to comply with. The automotive industry has multiple regulations that are overwhelming for most dealerships. However, our consulting firm is here to guide you on the best ways to maintain compliance when operating your dealership. Let's discuss the three ways to achieve this!

Read More

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

3 Strategies to Enhance Communication Within Your Dealership

Posted by Vanguard Dealer Services on Sep 26, 2022 9:30:00 PM

Clear communication between the sales desk and the F&I department is vital to a company. Bringing together the team to work in unity takes effort. A cohesive unit is key to maintaining a good brand and attracting profits while providing a conducive work environment for employees.

We have discussed three sure ways to enhance clear communication between the F&I department and the sales desk.

Read More

Topics: Dealership Employees, Communication, dealership best practices

5 Tips to Help Increase Customer Retention at Your Dealership

Posted by Vanguard Dealer Services on Sep 16, 2022 9:30:00 AM

Customer retention measures how many customers return to a business or brand after their first interaction. It's an essential metric for any business because it indicates the strength of your customer relationships. A high customer retention rate means your customers love what you have to offer and keep coming back.

Read More

Topics: Lifelong Customers, Customer Retention, dealership best practices

5 Ways to Improve Your F&I Process

Posted by Vanguard Dealer Services on Sep 12, 2022 9:30:00 AM

In every business, quality of service is important for customer retention. When you provide excellent customer experiences, your automobile dealership can prosper. You can grow your dealership by improving the Finance and Insurance departments (F&I). According to the National Automobile Association (NADA), the finance and insurance department represent about 25% of all the dealership sales. Here are 5 ways you can improve your F&I process at your automobile dealership.

Read More

Topics: Finance & Insurance, Dealership Solutions, F&I Process

Ensure Clear Communication Between F&I Department and the Sales Desk

Posted by Vanguard Dealer Services on Sep 5, 2022 9:30:00 AM

The success of an auto-dealership is dependent heavily on constant and transparent communication between the sales desk and the F&I department. While these two departments might work separately, this does not mean they work in isolation as they depend on each other to maximize the profits of the dealership and also support a better customer experience. Below are three elaborate ways to keep clear and constant communication between the sales desk and the F& I departments of your dealership.

Read More

Topics: F&I Business Manager, dealership best practices, Sales Department

3 Social Media Tips to Help Your Dealership Branding

Posted by Vanguard Dealer Services on Aug 29, 2022 9:30:00 AM

With consumers using social networks to guide purchasing decisions, social media marketing is vital for any business to succeed in today's modern world. Yes, this includes the automotive industry.

Social media trends are showing car shoppers ranked social networks as more important than a dealer's website when choosing which dealership to visit. To capitalize on this trend, below we have listed four strategies to help you brand your dealership.

Read More

Topics: Automotive Marketing, Social Media, Dealership Social Media, dealership branding

3 Ways to Increase Customer Retention at Your Dealership

Posted by Vanguard Dealer Services on Aug 22, 2022 9:30:00 AM

As with any business, retaining existing customers is much easier- and more cost-effective- than attempting to gain new customers. This fact remains true for your automobile dealership. That’s why every customer interaction should be approached with the intention of retaining their business for the future. How pleasant a customer’s experience with your dealership is can mean the difference between one successful sale and multiple successful sales. These are three of the simplest ways to increase customer retention at your car dealership.

Read More

Topics: Dealership Customers, Dealership Sales, Customer Retention

Keeping Clear Communication Between the F&I Department and Sales Desk

Posted by Vanguard Dealer Services on Aug 15, 2022 9:30:00 AM

The success of any organization is built on clear communication. In the automobile dealership, communication between the F&I department and the sales desk can make or break the company. The two teams must work separately, but as a team through clear communication.

Here are a few tips on how to maintain clear communication between the two departments:

Read More

Topics: F&I Managers, Sales Department, F&I Process

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.

Read More

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!

Read More

Follow Vanguard Dealer Services

Be the First to Know About Latest F&I and Automotive News!

Recent Posts

Posts by Topic

see all