F&I Processes & Products

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F&I Processes & Products

This group is to exchange ideas on best practices in the finance office. What products are selling the best. Which service contract companies are hot, and which are not. Share menu training ideas, processes, lenders, and much more!

Members: 107
Latest Activity: Jul 22

Discussion Forum

Technolgy

Started by Robert Moy Mar 25, 2011. 0 Replies

Rate your F&I Trainer

Started by Jenny Murphy Bloodworth Feb 17, 2011. 0 Replies

Dealers: Rate your service contract provider

Started by Jenny Murphy Bloodworth Feb 17, 2011. 0 Replies

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Comment by KEVIN M GREZLIK on October 21, 2010 at 9:55am
Just wanted to introduce myself. I am with Interactive Financial Acceptance. We are a subprime bank with low bank fees. We are offering our services to Independant and Franchise Dealerships in AL,AR,CA,CO,FL,GA,IL,IN,KS,KY,LA,MD,MI,MN,MS,MO,NY,NC,OH,OK,SC,TN,TX,VA,WA,WV and WI. If you are tired of paying high bank fees, contact me at 804-237-6318
Comment by Jay Samson on January 27, 2010 at 2:39pm
Any product under $500.00 is what is selling in our market..Now ofcourse they have to provide a benefit to the customer and the ones my agency are selling alot of is Key/Remote replacement policies...Its been doing VERY well... Mostly because the cost of these "computer chip keys and the remotes are over $100 in most cases and with a good coverage plan, the customer may make up to 1 claim a year and on a 5 year policy, he/she can get up to 5 keys/remotes replaced..
Comment by BILL SCOTT on November 27, 2009 at 9:15pm
Question: Do you think that new and used car dealers would have an interest to sell GPS tracking devices? in the finance department? Please comment.
Comment by Dany Carter on June 23, 2009 at 3:25pm
Tire and Wheel has been a great back end seller. Banks have really cut advances in the back end. Tire and Wheel has a low cost and also offers a great value for the customer. Another product that has really taken off is the 5 year 100,000 mile powertrain warranty. Low cost..great value...Most dealers are selling more used cars now, than new. This warranty goes up to 10yrs and 125,000 miles....Date of sale..zero deductible..
Comment by Kevin Day on May 22, 2009 at 9:23am
Sam,
Far and away the best experience I have had with money back guarantees is with National Automotive Experts. You can go to their site and see their NO USE NO LOSE program at www.nationalautomotiveexperts.com This is a great program with great service. If you want more info just email me.
Comment by John Fuhrman on May 21, 2009 at 2:10pm
Sam,

If you have Mozilla Firefox, it gives you trouble. Open it with Internet Explorer. Find the email on the site and leave a number and I'll call you right away.
Comment by Sam Ayala on May 21, 2009 at 2:08pm
The website will not open up, I am interested in the refund program
Comment by John Fuhrman on May 21, 2009 at 2:00pm
Sam,

We have two programs for VSC. One is a refund program adn the other is a no-chargeback program. If you want more info, visit us at http://www.dealerprofitsnow.com.
Comment by Sam Ayala on May 21, 2009 at 1:52pm
Does anyone know of companies that offer money back gurantees on VSC's?
Comment by Kelly Price on April 3, 2009 at 9:04am
Don, If you are a new car dealership, I agree with Kevin - Windshield and Dent are great programs and have a lot of value to the customer. They are low cost, high value products that are easily "visualized" - Kevin Day can get you the information you need on those products.
 

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