Establishing a more consistent customer experience between departments is one way more dealers can develop a successful F&I ecosystem.
F&I product options can help offset slipping profit levels. See how recent shopping trends are changing consumer preferences.
A change in mindset and philosophy will best serve those dealerships that embrace a more modern way of retailing.
Having a complete and robust set of solutions as well as a network of industry professionals with the expertise to help navigate the changing environment is important.
With used inventory still in high demand in 2022, here are the F&I product trends that are expected to be in focus throughout the year.
Supply shortages have gripped the industry, and now consumers are increasingly needing F&I products.
Dealers must offer the right F&I products that are uniquely matched for used and CPO programs.
Understanding the nuances of the different generations can make the difference between a good sales month and a great one.
The increase in used vehicle sales has created an opportunity for dealers to offer a bevy of F&I products uniquely designed to help many of these car shoppers.
Take this time to review your lineup of F&I offerings to ensure they have the right makeup of value-added products.
When it comes to F&I options, dealers want to leverage the online experience to remove any perceived friction toward the completion of the deal inside the F&I office.
With the right DOWC in place, automotive retailers can embrace today’s highly competitive market with F&I programs that we can see customers have come to rely on.