Every company wants to provide the best customer experience possible. That's why dealerships are always looking for ways to improve their sales process and the F&I process is no exception. The F&I process can be a major point of frustration or confusion for customers, so it's important that you find ways to make it as easy as possible. Here are 5 tips that will help you improve your F&I Process:
Topics: Finance and Insurance, F&I Business Manager, F&I Process
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?
Topics: F&I, F&I Profits, F&I Process