MENU
SEARCH
WFS Financial Inc. has introduced a "60 Day Float" program for dealers purchasing WFS vehicles at auction.
Through an exclusive arrangement with Manheim and ADESA, the program aims at assisting dealers "float" funds prior to obtaining financing. The program was piloted at Manheim's Cade, and ADESA, LA auctions and due to enthusiastic response, will be expanded across the country at select Manheim and ADESA auctions.
To qualify, dealers must be an approved A.F.C. or M.A.F.S. dealer and be in good standing with WFS.
"As a preferred dealer partner, WFS values the contribution of its dealerships and commits to enhancing its role as 'The Relationship Lender' by offering innovative programs such as the '60 Day Float,'" said Rich Zellner, director of sales and marketing at WFS. "WFS delivers unparalleled customer service through a nationwide network of over 2000 associates who understand the automobile business and the needs of its dealers."
WFS is one of the nation's largest independent automobile finance companies. WFS specializes in the originization, securitization, and servicing of new and used automobile contracts through its nationwide relationship with automobile dealers. WFS provides a source of financing for borrowers in the prime and non-prime credit quality sectors. WFS currently services over $7.5 billion of automobile contracts. Information about the company can be found on its Web site at www.wfsfinancial.com.
More information about the program or becoming a WFS dealer partner can be obtained by calling WFS Sales and Marketing at 949.727.1166.
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 →
In this video, Ryan Ruff explains the rule that elite sales professionals use to turn ordinary conversations into unforgettable customer experiences.
Read More →
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 →
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 →
More consumers and businesses are opting for all-season options for various reasons as safety, sustainability and convenience push practical change.
Read More →
It’s time to take the next digital step to free F&I managers to handle the most challenging aspects of customer meetings.
Read More →
Some of it should be given to the customer, but that doesn’t mean the F&I office relinquishes the process. In fact, a different approach both builds trust and boosts sales.
Read More →
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.
Read More →
Helping F&I customers understand complementary offerings is likely to lead to more sales, based on the success of a high-performing practitioner of the philosophy.
Read More →