F&I 2024 Dealer Outlook: How Online Options Will Help Dealers Better Serve Customers
Dealers must find ways to maximize F&I sales opportunities, because in this highly competitive landscape, dealerships rely on the sale of these products to enhance their bottom line and remain competitive.
New Research Reveals Age and Gender Differences in Vehicle Add-On Purchases
Are there certain age/gender demographics with a higher propensity of purchasing any specific set of VPPs? This study sheds light on consumer preferences and priorities when it comes to safeguarding and maintaining vehicles.
Growing New Vehicle Inventory Will Force Dealers to Adjust F&I Strategies
Dealers should consider a marketing budget for their F&I department as the online presence of vehicle protection products will be a key to increased attachment rates.
Why More Dealers Are Enabling Sales Staff to Present F&I Products Earlier in the Shopping Process
Establishing a more consistent customer experience between departments is one way more dealers can develop a successful F&I ecosystem.
Economic Challenges Highlight Importance of F&I Products
F&I product options can help offset slipping profit levels. See how recent shopping trends are changing consumer preferences.
How Understanding Consumers Can Help Mitigate F&I Losses
A change in mindset and philosophy will best serve those dealerships that embrace a more modern way of retailing.
Updating Vehicle Service Contract Programs for Today’s Marketplace
Now more than ever, there is a need for used vehicle service contract programs that include longer terms and higher mileage maximums.
How to Recession-Proof Your Profitability
No matter what the market does, managing your finance process will ensure the profitability of your store. Here are a few key things to measure and focus on.
Now is the Time to Further Increase Dealers’ F&I Potential
The sale of used vehicles means more consumers are seeking protection plans to keep older-models in top shape after purchase.
American Guardian Adds to Appearance Protection, Auto Product Lines
The company’s Compass Auto line has also expanded to include Compass Tech+, which provides extended coverage for a vehicle’s technology components.