FI showroom red and grey logo
MenuMENU
SearchSEARCH

Part 3: Interview for Product Cues

In Step 1 of this series, Jan showed you how to Meet the Customer. Step 2 addressed Building Rapport. The 3rd Step to F&I Succe$$ is the Interview.

February 1, 2004
Part 3: Interview for Product Cues

 

3 min to read


Building a Case for Protection

For those general managers who do not believe that it is important for F&I managers to interview customers, let me point out that the F&I process is critical to any deal. The F&I manager not only discloses all the sales figures to the customer, but is also the last dealership representative to spend a significant amount of time with the customer.

Ad Loading...

A positive relationship with the customer is essential for both F&I productivity and future business opportunities. People buy from people they like and trust. Sales consultants spend a considerable amount of time to sell themselves, the dealership, and the vehicles. Through interviews, F&I managers show customers how to protect their future repair bills and good credit standing and how to maintain high resale value for their vehicle purchases.

Walk the Talk

The F&I manager has only 20 "prime" minutes from the time a customer walks through the threshold of the F&I office in which to present product solutions, address concerns, and close the sale.

Every word, every effort must be purposeful. There is no time to waste. So start the interview during the walk between the sales work station and the F&I office.

The Interview is All About the Customer

Ad Loading...

F&I managers, just like their sales colleagues, must learn about the customer's Family, Occupation and Recreation before delivering their Message. Good FORM focuses on customer needs and targets products as solutions to those needs.

Let's consider some typical inquiries for fiber guard products and how to use the information to present product solutions and close the sale.

Who is the primary driver of the new vehicle? It may be a spouse who needs a vehicle to drive the children to sporting events. Do they take other children with them? Do they frequent fast food places? Which is their favorite? Catsup, soda and coffee stains do not increase the resale value of a trade-in. Is there a baby in the crowd? Babies come with bottles of milk, juice, and all kinds of Oops! These customers may value extra cup holders and a fiber guard solution.

What if the customer does not have children and never frequents fast food establishments? What is their favorite restaurant? Do they bring home leftovers? Foil wrapped swans may look fancy, but they can also leak. The memory of the Steak Diane could last long after the calories are burned off. Fiber guard protects resale value and preserves pride of ownership.

Does your customer own a pet? While a dog is certainly a "member of the family" and excellent company, they can be "ruff" on automobile interiors. Fiber guard will protect the seats and carpeting from stains that go with the territory.

Ad Loading...

F&I producers will have better success when they can relate the use of F&I products and services to their customers' everyday activities. The interview yields these details.

Your Interview IQ

Do a post-play analysis on your last few deals. What happened in the interviews? Did you make every sale? What key points did you miss?

In the F&I office there is a 100 percent closing ratio: Someone sells somebody on every deal. Either you sell the customer or the customer sells you. Nearly every missed sale can be traced to an error or omission in the interview.

The more you know about the customer, the more on target your presentation can be. The interview helps you press the right "buying button", such as Security, Peace of Mind, Affordability, Convenience, Ease of Ownership, and Dependability. We'll work on your Product Presentation in Step 4.

Ad Loading...

Jan Kelly is president of Kelly Enterprises. She is a sales trainer and consultant, convention speaker and frequent contributor to industry publications. For information about training opportunities telephone (800) 336-4275 or contact Kelly Enterprises at www.JLKelly.com.

Subscribe to Our Newsletter

More F&I

Photo of a keyring with mltiple keys, including a car key fob, on a white surface
F&IJuly 15, 2026

Integrating Nontraditional F&I Products

The niche presents a strategic advantage for auto dealerships as they move to adapt to fast-changing consumer expectations in today’s market.

Read More →
Photo of businessman's hands holding eyeglasses at a desk
F&Iby Rick McCormickJuly 7, 2026

Trust Is Personal

Technology, no matter how efficient, can’t replace what the human F&I manager can do, which is to bridge the divide between cyberspace and the in-store experience.

Read More →
Photo of executive in a sports coat and glasses
Industryby StaffJuly 2, 2026

Amplify 2026 Billed as Turning Innovation Into Results

Reynolds and Reynolds says its annual retail summit will connect dealers with practical strategies, peer insight, and technology-driven ideas.

Read More →
Ad Loading...
Woman standing on stage smiling.
F&Iby Lauren LawrenceJuly 1, 2026

Own Your Outcome: F&I in the Digital Customer Journey

Finance has historically been the last step in the car-buying process, but it doesn’t have to be. The customer’s journey starts long before they arrive at the dealership, and so should F&I’s involvement.

Read More →
$100 bill and magnifying glass on top of paper that says insurance policy terms and conditions.
F&Iby Lauren LawrenceJune 29, 2026

Tariffs Could Raise Insurance Premiums

As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.

Read More →
Red toy car sitting on top of coins.
Auto Financeby Lauren LawrenceJune 24, 2026

Smaller Loans, Longer Terms

The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.

Read More →
Ad Loading...
Under the hood of a Toyota Prius EV Hybrid car.
F&Iby StaffJune 15, 2026

New Lifetime Battery F&I Product Meant to Drive Dealer Traffic

EFG Cos. offering is intended to create lifetime auto dealer engagement with customers.

Read More →
Several illustrations of question marks on a surface
F&IJune 10, 2026

The Psychology Behind Menus That Increase Add-On Sales

There is a science to crafting a menu that gives customers confidence in the choices presented, and moving the process outside the F&I office can further boost results.

Read More →
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 →
Ad Loading...
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 →