FI showroom red and grey logo
MenuMENU
SearchSEARCH

Michigan Dealer Retires, Gives Employees $1,000 for Every Year of Service

Michigan car dealer Howard Cooper retired. Before he did, he gave his employees $1,000 for every year they were employed by his 47-year-old store.

by Staff
September 14, 2012
1 min to read


ANN ARBOR, Mich. — Howard Cooper, 83, wished to leave behind something special for his employees upon his retirement. So he gave 89 employees $1,000 for each year of service at his Howard Cooper Import Center.

“The lady behind me had tears running down her face,” employee Sandy Reagan, who has worked for 46 of the dealership’s 47 years in business, told AnnArbor.com. “I sat next to a person who drives the parts van and he’s been here almost 28 years. He doesn’t make a ton of money, but he got almost $28,000.”

Ad Loading...

Ohio-based Germain Motor Co. purchased Cooper’s dealership in April and agreed to retain all of Cooper’s employees. The Ohio-based group will take over later this month, according to AnnArbor.com.

Cooper opened the store in 1965 as a Volkswagen dealership and expanded with Audi and Porsche franchises in 1972 and Honda in 1979, AnnArbor.com reported.

“I wanted to thank my employees, and that was a way I could do it,” Cooper told the local media website. “I hope it makes a difference in their lives like they have made in mine.”

More F&I

Assurant, Sell Value Build Trust, F&I Series, Expert Trainer Trent White
F&ISeptember 2, 2026

Sell Value, Build Trust

In this video, Trent White explains why selling on value, not fear, builds lasting customer trust, reduces cancellations, and drives long-term success.

Read More →
2026 StoneEagle summary
F&Iby Hannah MitchellAugust 31, 2026

F&I Sales Give Dealers First-Half Lift

Product business shored up total profits to avoid an overall revenue tanking as product penetrations held steady, StoneEagle reported.

Read More →
man with white hair and glasses delivering a speech standing next to a podium
F&Iby Lauren LawrenceAugust 31, 2026

Targeted Training Drives Results

Today’s technology, instead of threatening F&I managers, can actually make them better, according to an industry veteran who’s watched market setbacks roil the unprepared.

Read More →
Ad Loading...
Man's hand holding pen over a paper document
F&Iby Justin B. GasmanAugust 20, 2026

Double the Change, Double the Chance

When an F&I manager gets a customer refusal, it’s a wise move to tweak more than one thing in the product offering.

Read More →
Laptop computer, tablet, calculator and notebook on a desk
F&Iby John TabarAugust 20, 2026

Just Do It

F&I managers need training, but instead of resisting application or expecting perfection, they should improve by simply acting on what they learn.

Read More →
stacks of coins, a calculator, paperwork, and a pair of glasses in the background, text Lender Experience Drives Dealer Decisions, F&I and Showroom
Auto Financeby Lauren LawrenceAugust 12, 2026

Dealer Lender Preferences Revealed

When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.

Read More →
Ad Loading...
Leading with Purpose thumbnail. Trent white pictured in front of titled graphic.
F&IAugust 5, 2026

Leading with Purpose

In this video, Trent White explains how understanding your people’s 'why' is a key leadership responsibility of F&I professionals and how that mindset drives dealership engagement, trust and performance.

Read More →
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 →
Ad Loading...
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 →