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F&I

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Articles

Curb The Confusion

Talk to F&I customers like you’d talk to a friend, without industry lingo or sales-like questions, and use hard proof to show, not tell, them about a need.

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NewsMay 5, 2015

Maximus Auto Group Releases App, Expanded Online Service

Protection plan administrator Maximus Auto Group has released an app that allows its customers to view and manage their contracts, file a new claim, contact a rep and more. The company has also expanded its digital platform to include online claim filing.

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ArticlesMay 4, 2015

Take a S.W.O.T. at Success

Given the many changes taking place in the F&I field, the AFIP’s executive director says a little self-inspection is in order if you hope to win the F&I trifecta.

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ArticlesMay 4, 2015

Business as Usual

A Q&A with Warren Buffett and Larry Van Tuyl headlined the 2015 NADA/J.D. Power Automotive Forum, where the two executives discussed the direction of the nation’s fourth-largest dealer group post-acquisition.

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Articlesby George AngusMay 1, 2015

Try Before You Buy

The father of the F&I menu is back, and he has a message for companies claiming to have developed the next big thing for F&I.

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NewsApril 29, 2015

AGWS Adds VP of Training

Industry veteran and compliance expert Bob Harkins will serve as vice president of training for American Guardian's AGWS University.

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NewsApril 28, 2015

Annual Cost to Own a Vehicle Falls 2%, AAA Finds

Decreases in gas prices and finance charges related to auto loans fueled the decline, but rises in maintenance and tire replacement costs make F&I protections an important consideration for vehicle owners.

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Newsby Brittany-Marie SwansonApril 28, 2015

Credit Unions Now Third Largest Auto Lender Type, CUDL Reports

Credit unions are competing aggressively in the automotive marketplace, financing one in four auto loans so far in 2015, CU Direct reports.

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NewsApril 28, 2015

Motor Trend Certifies Massachusetts Dealer

As of April 17, First Acura has become the exclusive Motor Trend-certified dealer in Seekonk, Mass.

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Newsby Gregory ArroyoApril 23, 2015

Lithia’s Drop in New-Vehicle Gross Per Unit Offset by Q1 F&I Performance

Lithia’s F&I operations grew its per-copy average by $52. The performance helped offset a $90 drop in new-vehicle gross profit per unit.

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NewsApril 23, 2015

Putting F&I Online Increases Profits, MakeMyDeal Finds

A new study from Cox Automotive company MakeMyDeal found that 63% of consumers would be more likely to buy F&I products if they could learn about them on their own time before entering a dealership.

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