The Road to ROI with F&I

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.

Read More

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

5 Ways to Keep your Dealership Compliant

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

The automotive dealership has several state and federal laws that it must obey. These laws are intended to protect employees and consumers from questionable practices. Compliance with these laws is important for your business to avoid steep fines and penalties. Failure to comply can also cause huge reputational damage to your dealership. Here are a few ways to ensure that your dealership stays compliant.

Read More

Topics: dealership compliance, Automotive dealership compliance, F&I Compliance

6 Practices to Stay Consistent with Deal Audits

Posted by Valentin P. Sanchez on Jan 31, 2022 10:00:00 AM

Compliance with various state and federal rules and regulations is a crucial requirement for any business to thrive. The automobile dealership industry is no exception to this.  One effective way to handle compliance in this business is through the implementation of deal audits.

Read More

Topics: compliance, dealership compliance, F&I Compliance, dealer audits, Deal Audits

Keeping Your Dealership Compliant — The Complete Guide

Posted by Valentin P. Sanchez on Jan 3, 2022 9:00:00 AM

Change is inevitable in the dealership industry, and it is your responsibility to safeguard your bottom line. The first step is staying compliant with the latest federal and state regulations while your dealership keeps evolving and moving forward. However, finding viable strategies that do not scare away employees is not as easy as it seems.

Read More

Topics: compliance, dealership compliance, F&I Compliance, dealer audits

How Does Your Dealership Benefit from Compliance Audits?

Posted by Valentin P. Sanchez on Nov 22, 2021 10:00:00 AM

There are several laws and regulations set by the federal and state governments to control automotive dealerships, and it can be stressful and straining for you to keep up with them all. You will not only be working on ensuring you keep up with all the required laws, but there is the challenge of knowing whether you are implementing them in a legally acceptable way. This is where compliance audits come in handy.

Read More

Topics: compliance, dealership compliance, Automotive dealership compliance, F&I Compliance, dealer audits

How to Effectively Stay Consistent with Deal Audits

Posted by Valentin P. Sanchez on Nov 2, 2021 10:00:00 AM

The key objective for most managers in the automotive industry is to drive profits through the roof. As a result, competition has become intense, and the need for compliance with state and federal law has become necessary.

There are several ways to ensure compliance in your dealership without compromising the legality and expansion of its operations.

Read More

Topics: compliance, dealership compliance, F&I Compliance, dealer audits

How Does Your Dealership Benefit from Compliance Audits?

Posted by Valentin P. Sanchez on Oct 1, 2021 10:00:00 AM

There are several laws and regulations set by the federal and state governments to control automotive dealerships, and it can be stressful and straining for you to keep up with them all. You will not only be working on ensuring you keep up with all the required laws, but there is the challenge of knowing whether you are implementing them in a legally acceptable way. This is where compliance audits come in handy.

Read More

Topics: compliance, dealership compliance, F&I Compliance, dealer audits

How to Keep Up with Dealership Compliance

Posted by Valentin P. Sanchez on Jun 1, 2021 10:15:53 AM

Dealership compliance is a vital consideration, especially after the creation of the Consumer Finance Protection Bureau. It is your job to keep up with numerous regulations, from marketing to F&I and inventory. Although it seems like a lot of work, these five strategies can help keep your dealership compliant.

Read More

Topics: compliance, dealership compliance, Automotive dealership compliance, F&I Compliance

Stay Consistent with Deal Audits

Posted by Valentin P. Sanchez on Apr 26, 2021 12:29:12 PM

If you are running a dealership, you must have known by now that having a robust internal control environment is a crucial success factor in your business. With the proper internal controls and consistent audits, your organization cannot only achieve the set goals but also guaranteed operational efficiency and effectiveness.

Read More

Topics: compliance, dealership compliance, F&I Compliance, dealer audits

5 Effective Ways to Improve Your F&I Process

Posted by Valentin P. Sanchez on Apr 19, 2021 5:00:47 PM

DESIGNING A SUCCESSFUL F&I PROCESS FOR YOUR BUSINESS

Having a well-established F&I department is one of the most important things for financial growth. Establishing strong profit centers within your organization helps you ensure that the purchase process is well monitored by scrutinizing the customer. Some of the ways that the F&I process helps dealerships are; access client credit reports, review credit application, and budget clients' credit reports and leases or loans within the set guidelines of financial institutions such as banks, financial companies, and lease companies. Conducting a successful F&I process plays an important role in client engagement and attracting prospects through the opening.

Read More

Topics: compliance, dealership compliance, Automotive dealership compliance, F&I Compliance

Follow Vanguard Dealer Services

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

Recent Posts

Posts by Topic

see all