FI showroom red and grey logo
MenuMENU
SearchSEARCH

Line 5 Introduces a New Independent Dealer Program

Line 5 Introduces a New Independent Dealer Program, the new way to finance F&I products and avoid chargebacks with no fee.

March 4, 2020
Line 5 Introduces a New Independent Dealer Program

Line 5 Introduces a New Independent Dealer Program, the new way to finance F&I products and Avoid Chargebacks with no fee.

Image by mohamed Hassan from Pixabay 

2 min to read


FLORIDA – Line 5, a Florida based indirect lender specializing in financing of vehicle service contracts (VSC), and ancillary F&I products begins offering up a new independent dealership program across the United States. This program is a unique and revolutionary idea from the company, financing all cancellable F & I, and ancillary products; they are the first to implement this type of program for dealers in the automotive, RV, marine and power sports industry. 

Line 5 is an excellent company, and I'm very grateful for the services they offer.

Ad Loading...

The new independent program allows dealerships to sign up and sell back end products without chargebacks. With only a small down payment, no fees charged to the dealer, up to 84 months financing terms, the new program is a win-win for the dealership. Line 5 offers every customer the opportunity to purchase F&I products such as a vehicle service contract (VSC) from dealers irrespective of their credit ratings, at a budget-friendly monthly payment. This makes the whole purchasing experience as smooth as possible, increasing the rate at which dealers can sell multiple protection plans. 

The program enables a dealership to sell a VSC and other products with no fee. Line 5 sends the cost of the product directly to the administrator. This assures the consumer has their products activated and ready for use, without the dealer paying out of his/her pocket to activate the products. The dealer receives his monthly profits as the customer’s payments comes in. 

The company has been privileged to work with finance managers to help finance their F&I products, here is what a business Manager said about his experience with them, "Line 5 is an excellent company, and I'm very grateful for the services they offer. They have the best terms for warranty." Michael P. 

The firm does all the heavy lifting, processes the deals fast and efficiently by utilizing e-rating, e-contracts (in partnership with F&I express and P.E.N), e-signature and e-funding. This helps eliminate any mistakes that might occur during the customer’s sign up process. In the case of cancellations, the administrator pays Line 5 back the pro-rata left on the contract, Line\5 handles all cancellation refunds and alerts the dealership as to when the profit payout with cease. 

This means all profits made using this program are fully earned by the dealership, with no chargebacks. Dealerships can rest assured that they do not have to worry about processing a cancellation, or budgeting for the refunds due back to the customer or lien holder. 

Ad Loading...

For more information about Line\5 and how to be part of their new independent dealership program visit www.line5.com. 

Read: Black Book Used Vehicle Retention Increases In February

Originally posted on Auto Dealer Today

More F&I

Man holding magnifying glass over sales volume paper.
F&IMay 29, 2026

Why Your F&I PVR Is Misleading You

Here’s a handy checklist of the numbers to track in 2026 instead.

Read More →
Photo of woman typing on a laptop as she sits on a couch
F&Iby Hannah MitchellMay 29, 2026

Auto Consumer Anxiety Presents Opportunity

A survey of U.S. drivers found the majority are concerned about finances and the economy, but those fears make many ready to buy vehicle-protection products.

Read More →
Dustin Gingerich standing on stage giving a presentation
F&Iby Lauren LawrenceMay 28, 2026

Humble and Hungry: 12 Rules for an F&I Life

Dustin Gingerich, with a decade in the F&I business under his belt, shares his thoughts on leadership, building trust with customers, and the importance of learning and innovation.

Read More →
Ad Loading...
Photo of businessman's hands resting on files on a desk
F&Iby John TabarMay 27, 2026

Focus on the Opening

F&I managers must learn as much as possible about their customers, starting before they walk into their offices. The bulk of today’s consumers expect that, and good results will follow.

Read More →
Photo of a three-seat vehicle back seat
F&Iby Hannah MitchellMay 22, 2026

F&I Reaches for the Sky

The increasingly important profit center continued making gains in the first quarter, according to StoneEagle data, ancillary products proving more popular as consumers hold onto their buys longer.

Read More →
Cover image for a BOK Financial report titled “Timing the market: How avoiding volatility entirely can hurt long-term reinsurance program performance.” The image shows several road construction barricades with flashing amber warning lights lined up in a nighttime work zone. Beneath the image, red text explains that avoiding volatility can mean falling behind inflation and missing market rebounds that drive long-term surplus growth. The BOK Financial logo appears at the bottom right.
SponsoredMay 8, 2026

Timing the Market Can Hurt Long-Term Program Performance

For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.

Read More →
Ad Loading...
Ryan Ruff, The 90/10 Rule, Automotive Training Academy, Sales Series
F&IMay 6, 2026

The 90/10 Rule

In this video, Ryan Ruff explains the rule that elite sales professionals use to turn ordinary conversations into unforgettable customer experiences.

Read More →
Photo of essential oil diffuser on desk next to laptop
F&IMay 4, 2026

Your Office Is Talking

What’s the atmosphere saying about you to your customers? You can make minor adjustments and additions that transform your space into one that creates trust with the people on the other side of the desk.

Read More →
"Effective training ensures the customer’s needs remain at the heart of everything we do. When that is the focus, both sales and profits naturally improve." by Rick McCormick with F&I and Showroom logo and picture of Rick McCormick
F&IMay 1, 2026

F&I Training Fundamentals

How can auto dealerships help F&I managers fulfill their vital role in the most effective ways? Industry expert Rick McCormick shares his insights on the best ways to train these professionals and help them maintain good habits.

Read More →
Ad Loading...
Photo of car tire and the tread mark it left in snow
F&Iby Hannah MitchellApril 29, 2026

Not Just Any Tire Will Do

More consumers and businesses are opting for all-season options for various reasons as safety, sustainability and convenience push practical change.

Read More →