Are you a small auto dealership looking for help staffing your F&I department? Or are you looking for ways to downsize on-premises staff in favor of a fully remote F&I team that can still get the job done right without negatively impacting your customer’s experience? Either way, a worry-free, turnkey F&I team with Vantage Finance could be the perfect solution.
What Does F&I Mean?
For those who aren’t quite familiar with all the terminology in the auto finance industry, F&I stands for finance and insurance. Every dealership that offers any financial or insurance help needs to have an F&I department.
This is the department that will be responsible for not only educating your customers on their options when it comes to purchasing their new or used car, but also will be responsible for getting your customers to sign on the dotted line—resulting in the final sale.
To do this, you must be able to staff your F&I department with individuals who genuinely understand the automotive industry and are educated and up-to-date on all the financial aspects of car buying, such as how to structure but understand the language utilized in loan applications.
What are Your F&I Options?
Sure, you can take the time to staff your own F&I department; however, that means you have to vet applications and ensure the people you choose to hire are fully educated on the current auto finance trends and all things financial that go into the purchase and/or leasing of a vehicle.
Your other option is outsourcing your F&I department, requiring you to vet various entities that make a lot of promises.
Vantage Finance Gives You Worry-Free, Turnkey F&I Options
Whether you’re a brand-new dealership or you’re looking to rehaul your current F&I department, then Vantage Finance can help!
There are many auto financing companies you can turn to when trying to find a solution for your F&I needs. However, at Vantage Finance, we have the experience to back our claims. We are even endorsed by the National Independent Automobile Dealers Association (NIADA).
Here at Vantage, we can help your auto dealership by taking care of:
- The selling of backend products
- Closing payments
- Addressing/making the proper disclosures, etc.
Our ultimate goal is to improve your customer satisfaction and help you increase your per-car profits.
Get Your F&I Answers Today with Vantage Finance
Having an F&I department that knows what it’s doing is the best way to keep your dealership up and running efficiently, ensuring that your customer’s needs are met while protecting your bottom line.
Have questions about our worry-free turnkey F&I options? Then contact us today for more information!
