A shift in new inventory sales to used inventory sales: your opportunity to sell more F&I Products

A shift in the auto marketThe used-car market is booming, making it an opportune time to offer valuable F&I products to the consumers.  The global chip shortage has disrupted the global supply chains and impacted the delivery of new vehicles.  As the auto retail industry pivoted towards the used cars

May 20th, 2021|

The Ultimate Approach to Improve CSI of Your Car Dealership

Your guide to increasing customer satisfaction index (CSI) and revenue of your car dealership.Consistent customer experience and CSI score in the car dealership Your customer satisfaction index (CSI) scores directly influence your car dealership profitability. When it comes to customer satisfaction in a car dealership, often two departments, sales, and

May 14th, 2021|

How to hire, develop, and retain the right talent or employees at your dealership?

Hiring and retaining the right employee at your dealershipHiring and retaining the right employees is a challenging task. While the challenge is not a new one, it has become more critical than ever due to new generations- Young millennials and Gen Z, entering the workforce. Consequently, bringing with it a

May 4th, 2021|

What does it take to get to the next level, skills, or the right mindset?

Transform your mindset to accelerate results. The relation between success and the right mindsetWhen a person goes into a job to achieve some definition of success, s/he constantly focuses on refining their skills, widening their knowledge, and mining talent to further their experience. Many people succeed in developing unique mastery in

April 26th, 2021|

Star Wars Lessons Worth Applying to Your Finance & Insurance Department 

The chronicles of a galaxy far, far away are filled with nuggets of worthy lessons for your F&I department.   There are plenty of reasons why most of you like Star Wars. Laser guns, spaceships, secret organizations, alien races, cosmic battles make it so captivating. But Star Wars brings so much more to the table.  Notably, many plots and the unforgettable characters in the saga continue to teach lessons worth

April 9th, 2021|

How many times have you said to yourself, I want to close the deals faster?

Get ready to discover practical techniques and tips to close more deals faster.You may or may not have heard about the paradox of choice, but, as a salesperson, you experience it every day. Barry Schwartz, a psychologist, argues that when you present someone with a plethora of choices, it leads

March 25th, 2021|

It is not just money: Why finance and insurance or F&I manager training is essential for your dealership

The advantages of F&I training (Finance and Insurance training)Finance and Insurance (F&I) managers work directly with consumers, so their role is vitally important when it comes to understanding consumers' needs, encouraging them to buy valuable products, and at the same time maximizing the dealership's profit. Therefore, F&I training- Finance and

February 24th, 2021|

Are your finance and insurance products helping your dealership?

The automotive industry is changing fast for many dealers and their bottom lines. Therefore, to grow your dealership profit, you need strategy for your finance and insurance products and department. Two factors are limiting dealership profits. First, as the dealerships face competition, which can squeeze profit margins per vehicle retailed.

February 23rd, 2021|

Maximize your Dealership’s Profitability: Three essential strategies to increase profit most dealerships overlook.

Understanding the auto industry and trends in 2021-22 to increase dealership profitability The auto industry is expected to witness double-digit growth in 2021, as per the Economist Intelligence Unit report. However, it will not be enough to make up for the plunge caused by the pandemic. A recovery in 2021 will

February 12th, 2021|
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