12.05.2022 - By Geoffrey Jerome Veit
Handling the F&I; /business office experience Tesla discounts coming down to about 55000 OTD Still a small percentage of the market Shorter life span more sales for the dealer F&I; profits are way up, what should you do? When things are this crazy, if you can, wait How to process F&I; aka business office Forced pitch from F&I;, get up and leave Business office and sales are separate CPI to stop payment packing Delivery after bank approval Dealer finance reserve is the biggest profit potential for the finance office Bank shopping pre dealer visit is paramount No to everything can be as bad as yes, listen to the pitch Geographic add-ons help resale OEM add-ons Always request the manufacturer of the vehicle’s extended warranty F&I; is shop-able for most products Make add-ons part of the due diligence Read all the numbers in your paperwork, especially the fed boxes