The Road to ROI with F&I

Improve your F&I Process with these Dealership Tips

Posted by Vanguard Dealer Services on Jan 17, 2022 10:00:00 AM

It's no secret that satisfied clients spend more than dissatisfied ones. When it comes to buying a car, arguably the most significant area of frustration and, therefore, an enormous opportunity to increase customer satisfaction is in the F&I process. F&I is a critical component of dealership revenues and profits. As profit margins on new car sales continue to shrink, dealerships must adapt their businesses to include an aggressive focus on F&I product sales.

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Topics: Finance & Insurance, F&I, Finance and Insurance, F&I Business Manager, F&I Process

Is Your F&I Process Working?

Posted by Vanguard Dealer Services on Dec 20, 2021 10:00:00 AM

No one knew the demand for new and used cars would soar. Now, with the semiconductor chip shortage, customers are pre-ordering vehicles. It is time to look at your F&I process and make it the best experience for your customers, ultimately increasing your sales profits.

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Topics: F&I, F&I Profits, F&I Process

Why You a Need Fill-In F&I Specialists for Your Dealership

Posted by Vanguard Dealer Services on Dec 6, 2021 10:00:00 AM

A common problem that dealerships go through is employee callouts and random no-shows, which affect the business's day-to-day operations. Since these are unexpected issues that mostly occur at the least convenient times, business managers need a quick, effective solution that prevents delays in operations.

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Topics: F&I, F&I Specialist, F&I Business Manager, F&I Process, Fill-in F&I Specialists

Consider Having a Fill-in F&I specialist for your Dealership

Posted by Vanguard Dealer Services on Oct 11, 2021 10:00:00 AM

We know at times dealers are faced with employees who miss work unexpectedly or leave their job with little notice. That's why having a fill-in finance and insurance (F&I) specialist can help during these last-minute situations, so the dealership can continue operations with little interruption.

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

The Benefits of Having a Fill-In F&I Specialist on Call and On-site

Posted by Vanguard Dealer Services on Sep 13, 2021 10:00:00 AM

No matter how prepared your dealership is for the day, emergencies happen. And they usually happen at the worst time possible. Car deals are lost because of no-shows and employee callouts from time to time. Having a fill-in F&I specialist on hand can help combat these issues. Here are three things you need to know about them and why you should have one on call all the time:

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Topics: F&I, F&I Specialist, F&I Business Manager

Why Your Dealership Needs a Fill-In F&I Specialist

Posted by Vanguard Dealer Services on Jul 19, 2021 11:00:00 AM

Have you ever had an employee miss work in your dealership? Whenever one of your employees fails to show up for work, your business is disrupted, and its bottom line gets damaged. 

Having the right person to stand in for the absent employee in such cases can help your dealership remain operational. A fill-in F&I specialist would come in handy in such situations. Keep reading to learn more about a fill-in F&I specialist and why your business needs such a specialist.

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Topics: F&I, F&I Managers, F&I Specialist, F&I Business Manager, Fill-in F&I Specialists

Tips On How to Improve Your F&I Process with Customers

Posted by Vanguard Dealer Services on Jun 29, 2021 11:58:29 AM

 

For any business to thrive, the sales processes must be stellar, as should the customer experience. The secret lies with the F&I process. This process begins after the client commits verbally to buying an automobile. Therefore, it calls for a strong finance and insurance department tasked with implementing efficient F& I strategies since dealerships derive most of their profits from their F&I products. So how can you take your F&I process a notch higher?

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Topics: F&I, F&I Profits, F&I Process

Tips to Improve Your F&I Process with Your Customers

Posted by Vanguard Dealer Services on Mar 22, 2021 5:16:54 PM

The F&I process is crucial in every dealership. According to research by NADA, an average dealership company reaps half of its profits from F&I products. Therefore F&I process and strategy need to be exemplary. Companies are consistently looking for approaches to improve their sales processes and customer experience. Below are four ways to improve the F&I process in your dealership.

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Topics: F&I, F&I Specialist, F&I Profits

The Benefits of Working with Fill-in Specialists for Your Dealerships in 2021 & Beyond

Posted by Vanguard Dealer Services on Mar 15, 2021 9:30:00 AM

Whether you're an experienced or novice automotive dealer, you realize that from time to time, dealers suffer from employee fall-outs, random no-shows, and other reasons why your employee is not at work. Sometimes, employees quit without giving notice. Worse enough, while there is never an opportune time, these things always seem to occur when you are least expecting it.

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Topics: F&I, F&I Specialist, F&I Business Manager

Look to Fill-In F&I Specialists for your Dealership

Posted by Vanguard Dealer Services on Nov 30, 2020 9:30:00 AM

A sudden vacancy in your business can be disruptive and damaging to your bottom line. It's always important to plan for such eventualities by finding ways to keep your business running until the vacancy is filled. And that's where fill-in F&I specialists come in.

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Topics: F&I, F&I Managers, F&I Specialist, F&I Business Manager

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