Tracking F&I Performance
The magazine’s reader survey reveals that average profit per new vehicle retailed still hovers around $800, and that F&I managers are averaging approximately two products per deal.
The magazine’s reader survey reveals that average profit per new vehicle retailed still hovers around $800, and that F&I managers are averaging approximately two products per deal.
RouteOne LLC announced that dealers using its eContracting solution can now use the Apple iPad or Android tablet as an alternate signature-capturing device for signing eDocuments.
Reynolds has partnered with the California New Car Dealers Association to jointly develop an F&I forms library that will be made available to California dealerships in both paper and electronic formats.
The Provider Exchange Network has added National Automotive Experts to its platform, which will allow NAE dealers to e-contract the F&I product provider’s vehicle service contracts and other offerings.
A division of the Minnesota Automobile Dealers Association has partnered with ADP Dealer Services to provide digital versions of MADA F&I forms to ADP clients.
MaximTrak Technologies announced a strategic partnership with F&I Administration Solutions LLC to enable auto dealers to electronically rate, contract and register contracts for all providers through the SCS Auto administration platform.
Integration has been one of the obstacles in the way of the industry’s push toward e-contracting. One technology expert says that will no longer be the case going forward, especially for product providers.
F&I Administration Solution has added Auto Knight Motor Club to its SCS Auto platform, which provides F&I product providers with e-contracting, e-rating and e-remittance capabilities.
MaximTrak Technologies announced the launch of e-TRAK, a new digital platform that streamlines communications between the provider and the F&I office.
Protective Life’s vehicle service contracts and GAP will be available through Intersection Technologies’ e-contracting platform.
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