With an average annual salary of $104,075, the Finance and Insurance (F&I) manager position is one of the most lucrative in the car sales industry. But it's tough to become an F&I manager without experience. So how do you become an F&I manager at an auto dealership? Dealerships are looking for candidates with a strong [...]
$104,075 That’s the average annual salary for an F&I manager, which explains why many are interested in the position. But there’s much more than money to becoming a good F&I manager. The sales force at the dealership quickly determines whether the manager believes in their products or wants to squeeze the extra coin out of [...]
Auto dealerships are among the hardest-hit industries after the widespread COVID-19 containment efforts. Many dealerships had to close or limit their operations to online sales. The virus crisis also meant less showroom foot traffic for those that stayed open. Due to post-COVID-19 impacts on dealership sales and F&I departments, it is now prudent for dealers to [...]