Where Do Good F&I Managers Come From?

If you haven’t had good luck in hiring F&I managers from other dealerships, you may want to consider developing a bench for F&I managers. With a plan and some patience, you may find you have a “good one” already working for you.
https://www.fi-magazine.com/363475/where-do-good-fi-managers-come-from?utm_source=dlvr.it&utm_medium=blogger

Adapting Dealer and OEM Priorities in Light of Covid

We want to work with our OEM partners to ensure that the customer satisfaction that is at record levels stays that way.
https://blog.nada.org/2020/11/30/adapting-dealer-and-oem-priorities-in-light-of-covid/?utm_source=dlvr.it&utm_medium=blogger

Elite FI Partners | Leading Finance Products | Training & Coaching

Elite FI Partners offers premium finance products for dealers backed with unmatched training and support. We specialize in dealer profit share programs, finance manager training programs, process training & coaching, pay plan set-up and implementation, top-rated finance products, industry-leading vehicle service contracts, multiple GAP protection options, dealer finance menu set up and training, dealership customized analytics and metrics. https://www.elitefipartners.com/products?utm_source=dlvr.it&utm_medium=blogger
https://www.elitefipartners.com/products?utm_source=dlvr.it&utm_medium=blogger

Gap Protection | Elite FI Partners

In today's market Gap Protection is not a one size fits all dealers program. Elite FI Partners has you covered with multiple options that are designed for re-insurance, dealer retro participation, and direct-write programs. Our Gap programs are fully insured and offer coverage up to 96 months. We offer Standard Gap products and Express Expedited Gap where the program earns out much quicker. Contact us today to learn more. https://www.elitefipartners.com/gap-protection?utm_source=dlvr.it&utm_medium=blogger #financeproducts #elitefi
https://www.elitefipartners.com/gap-protection?utm_source=dlvr.it&utm_medium=blogger

Vehicle Service Contracts | Elite FI Partners

What is the maximum mileage your service contract will cover? The Complete Coverage program offers exciting new enhancements, coverages and benefits! We can now offer cover on vehicles with up to 300k miles and up to 20 years old. https://www.elitefipartners.com/exclusionary-vehicle-service-contra?utm_source=dlvr.it&utm_medium=blogger #elitefi #vehicleservicecontract #leadingfinanceproducts #newrevenue
https://www.elitefipartners.com/exclusionary-vehicle-service-contra?utm_source=dlvr.it&utm_medium=blogger

We look at the processes in a dealership differently compared to other agencies.  We believe that the idea of having a one size fits all dealerships process is flawed. We also realize that dealerships all take different steps in their road to the sale.  On our first day in your dealership, our team will review the processes your store is currently using.  With that information, we formulate a custom process and implementation plan designed around your dealership. Next, we roll our sleeves up and get in the trenches to show your team side by side how it is done.  We are big believers in leading and learning by showing not telling!  #elitefi #financeprocess #keepgrowing https://www.elitefipartners.com/process?utm_source=dlvr.it&utm_medium=blogger

Everybody is Your Friend, You Just Haven’t Met Them Yet

The real finesse in F&I is managing your relationships. If you can master your ability to connect with others, you will master this profession as well. 
https://www.fi-magazine.com/363468/everybody-is-your-friend-you-just-havent-met-them-yet?utm_source=dlvr.it&utm_medium=blogger

Black Book Integrates with eImpound

Locator Technologies’ eimpound.com helps lenders make intelligent decisions about vehicle recovery.
https://www.fi-magazine.com/363466/black-book-integrates-with-eimpound?utm_source=dlvr.it&utm_medium=blogger

COVID-19 Market Insights

Black Book recently published updates to their weekly COVID-19 Market Insights report.
https://www.fi-magazine.com/363448/covid-19-market-insights-7?utm_source=dlvr.it&utm_medium=blogger

Auto/Mate Launches Recommended Services to Drive Fixed-Ops Revenue

Robust, profit-boosting enhancement ensures fixed-ops departments never miss an opportunity to upsell recommended services.
https://www.fi-magazine.com/363432/auto-mate-launches-recommended-services-to-drive-fixed-ops-revenue?utm_source=dlvr.it&utm_medium=blogger

The Silver Lining: A New Sales Model Emerges

Whether we choose to keep a leaner staffing model, hire a different caliber of employee that requires more compensation, or grow our expectations for what we can sell per month, there is no looking back — and that is good for business.
https://www.fi-magazine.com/363411/the-silver-lining-a-new-sales-model-emerges?utm_source=dlvr.it&utm_medium=blogger

Ally Survey Reveals Heightened Dependence on Cars in Pandemic

Majority of Americans value cars for escape and health safety, but worry about auto expenses.
https://www.fi-magazine.com/363450/ally-survey-reveals-heightened-dependence-on-cars-in-pandemic?utm_source=dlvr.it&utm_medium=blogger

NADA Show 2021 Offers Workshops for Every Dealership Department

NADA Academy instructors as well as top industry specialists will lead more than 60 education sessions, with something for each dealership department, at NADA Show 2021.
https://blog.nada.org/2020/11/24/nada-show-workshops-offer-business-solutions-for-every-dealership-department/?utm_source=dlvr.it&utm_medium=blogger

Dealers Signal Optimism for Future Franchise Values and Buy/Sell Activity

Newly-released Kerrigan Dealer Survey shows that 33% expect an increase in their dealership valuation; 47% anticipate increase in buy/sell activity; Subaru and Toyota top valuation expectations.
https://www.fi-magazine.com/363439/dealers-signal-optimism-for-future-franchise-values-and-buy-sell-activity?utm_source=dlvr.it&utm_medium=blogger

Vehicle Leasing Soars at Credit Unions in October: CULA Posts Record Month

Leader in indirect vehicle leasing for credit unions processed more leases in October than in any other month in its history.
https://www.fi-magazine.com/363437/vehicle-leasing-soars-at-credit-unions-in-october-cula-posts-record-month?utm_source=dlvr.it&utm_medium=blogger

Statement Regarding USEA’s Settlement with the CFPB

The settlement makes clear that USEA does not admit to any of the CFPB’s allegations.
https://www.fi-magazine.com/363434/statement-regarding-useas-settlement-with-the-cfpb?utm_source=dlvr.it&utm_medium=blogger

Elite FI Partners | Leading Finance Products | Training & Coaching

Elite FI Partners offers premium finance products for dealers backed with unmatched training and support. We specialize in dealer profit share programs, finance manager training programs, process training & coaching, pay plan set-up and implementation, top-rated finance products, industry-leading vehicle service contracts, multiple GAP protection options, dealer finance menu set up and training, dealership customized analytics and metrics. https://www.elitefipartners.com/products?utm_source=dlvr.it&utm_medium=blogger
https://www.elitefipartners.com/products?utm_source=dlvr.it&utm_medium=blogger

Gap Protection | Elite FI Partners

In today's market Gap Protection is not a one size fits all dealers program. Elite FI Partners has you covered with multiple options that are designed for re-insurance, dealer retro participation, and direct-write programs. Our Gap programs are fully insured and offer coverage up to 96 months. We offer Standard Gap products and Express Expedited Gap where the program earns out much quicker. Contact us today to learn more. https://www.elitefipartners.com/gap-protection?utm_source=dlvr.it&utm_medium=blogger #financeproducts #elitefi
https://www.elitefipartners.com/gap-protection?utm_source=dlvr.it&utm_medium=blogger

Vehicle Service Contracts | Elite FI Partners

What is the maximum mileage your service contract will cover? The Complete Coverage program offers exciting new enhancements, coverages and benefits! We can now offer cover on vehicles with up to 300k miles and up to 20 years old. https://www.elitefipartners.com/exclusionary-vehicle-service-contra?utm_source=dlvr.it&utm_medium=blogger #elitefi #vehicleservicecontract #leadingfinanceproducts #newrevenue
https://www.elitefipartners.com/exclusionary-vehicle-service-contra?utm_source=dlvr.it&utm_medium=blogger

We look at the processes in a dealership differently compared to other agencies.  We believe that the idea of having a one size fits all dealerships process is flawed. We also realize that dealerships all take different steps in their road to the sale.  On our first day in your dealership, our team will review the processes your store is currently using.  With that information, we formulate a custom process and implementation plan designed around your dealership. Next, we roll our sleeves up and get in the trenches to show your team side by side how it is done.  We are big believers in leading and learning by showing not telling!  #elitefi #financeprocess #keepgrowing https://www.elitefipartners.com/process?utm_source=dlvr.it&utm_medium=blogger

Data-Driven Tips For Selling to Customers from Gen Z to Baby Boomers

While age and demographics can give you a good starting point for selling, they won’t tell you everything. Knowing more about your customer is a major advantage as customers become more accustomed to not only personalization, but the speed and convenience it affords the sales process.
https://www.fi-magazine.com/363423/data-driven-tips-for-selling-to-customers-from-gen-z-to-baby-boomers?utm_source=dlvr.it&utm_medium=blogger

New Business Strategies for the Post-Pandemic Shopper

The needs arising from the pandemic have accelerated the needs of dealers to welcome digital innovation and the ability to provide an enhanced customer digital retailing experience will accelerate your revenue growth and drive loyalty.
https://www.fi-magazine.com/363421/new-business-strategies-for-the-post-pandemic-shopper?utm_source=dlvr.it&utm_medium=blogger

U.S. Department of Transportation Seeks Public Comment on Automated Driving System Safety Principles

Publishes an advance notice of proposed rulemaking on ADS safety framework.
https://www.fi-magazine.com/363419/u-s-department-of-transportation-seeks-public-comment-on-automated-driving-syste?utm_source=dlvr.it&utm_medium=blogger

APCO Holdings, LLC, Promotes Crystal Meinert to Vice President, Human Resources

In her new role as a member of the APCO Holdings executive leadership team, Crystal will lead the HR function, overseeing all department operations and championing on the company's people-focused initiatives.
https://www.fi-magazine.com/363394/apco-holdings-llc-promotes-crystal-meinert-to-vice-president-human-resources?utm_source=dlvr.it&utm_medium=blogger

COVID-19 Specialty Markets Updates

Black Book recently published an update to their COVID-19 Specialty Markets Updates, which includes powersports, collectible vehicles, RV, MD/HD trucks and commercial trailers markets.
https://www.fi-magazine.com/363401/covid-19-specialty-markets-updates?utm_source=dlvr.it&utm_medium=blogger

KAR Completes Acquisition of BacklotCars

Accelerated integration to deliver enhanced digital dealer-to-dealer offering.
https://www.fi-magazine.com/363387/kar-completes-acquisition-of-backlotcars?utm_source=dlvr.it&utm_medium=blogger

Equifax Appoints Lena Bourgeois as Automotive General Manager

Bourgeois brings a strong background in data and information technology systems to the position, critical as automotive dealers and lenders embrace a digital automotive experience and navigate a challenging economic environment.
https://www.fi-magazine.com/363385/equifax-appoints-lena-bourgeois-as-automotive-general-manager?utm_source=dlvr.it&utm_medium=blogger

COVID-19 Market Updates

Black Book recently published an update to their weekly COVID-19 Market Insights Report.
https://www.fi-magazine.com/363383/covid-19-market-updates-2?utm_source=dlvr.it&utm_medium=blogger

One Less Thing To Worry About

We are facing challenging and opportunity filled days ahead. Having the privilege to help people during a worrisome time is honorable and fun!
https://www.fi-magazine.com/363381/one-less-thing-to-worry-about?utm_source=dlvr.it&utm_medium=blogger

Franchise Meeting Schedule Announced for NADA Show 2021

Franchise meetings will offer the opportunity to speak directly to automakers dealerships' concerns during Q and A sessions and a chance to get to know other successful dealers under your brand. 
https://blog.nada.org/2020/11/17/franchise-meeting-schedule-announced-for-nada-show-2021/?utm_source=dlvr.it&utm_medium=blogger

Three Cross-Tier Strategies to Implement Today

Unique market conditions—that would have been impossible to predict—have forced automotive marketers to toss out their original 2020 strategies and find efficiencies for the present moment.
https://blog.nada.org/2020/11/16/three-cross-tier-strategies-to-implement-today/?utm_source=dlvr.it&utm_medium=blogger

Spireon Rolls Out New GoldStar GPS Feature

The new feature provides instant vehicle location and status to help reduce risk and streamline recovery for buy-here, pay-here dealers and lenders.
https://www.fi-magazine.com/323995/spireon-rolls-out-new-goldstar-gps-feature?utm_source=dlvr.it&utm_medium=blogger

HyreCar Offers Turnkey Carshare Program to Dealers

HyreCar has opened its peer-to-peer vehicle rental platform to auto dealers and fleet operators seeking new opportunities to capitalize on the growing mobility market.
https://www.fi-magazine.com/323994/hyrecar-offers-turnkey-carshare-program-to-dealers?utm_source=dlvr.it&utm_medium=blogger

Elite FI Partners | Leading Finance Products | Training & Coaching

Elite FI Partners offers premium finance products for dealers backed with unmatched training and support. We specialize in dealer profit share programs, finance manager training programs, process training & coaching, pay plan set-up and implementation, top-rated finance products, industry-leading vehicle service contracts, multiple GAP protection options, dealer finance menu set up and training, dealership customized analytics and metrics. https://www.elitefipartners.com/products?utm_source=dlvr.it&utm_medium=blogger
https://www.elitefipartners.com/products?utm_source=dlvr.it&utm_medium=blogger

Gap Protection | Elite FI Partners

In today's market Gap Protection is not a one size fits all dealers program. Elite FI Partners has you covered with multiple options that are designed for re-insurance, dealer retro participation, and direct-write programs. Our Gap programs are fully insured and offer coverage up to 96 months. We offer Standard Gap products and Express Expedited Gap where the program earns out much quicker. Contact us today to learn more. https://www.elitefipartners.com/gap-protection?utm_source=dlvr.it&utm_medium=blogger #financeproducts #elitefi
https://www.elitefipartners.com/gap-protection?utm_source=dlvr.it&utm_medium=blogger

Vehicle Service Contracts | Elite FI Partners

What is the maximum mileage your service contract will cover? The Complete Coverage program offers exciting new enhancements, coverages and benefits! We can now offer cover on vehicles with up to 300k miles and up to 20 years old. https://www.elitefipartners.com/exclusionary-vehicle-service-contra?utm_source=dlvr.it&utm_medium=blogger #elitefi #vehicleservicecontract #leadingfinanceproducts #newrevenue
https://www.elitefipartners.com/exclusionary-vehicle-service-contra?utm_source=dlvr.it&utm_medium=blogger

We look at the processes in a dealership differently compared to other agencies.  We believe that the idea of having a one size fits all dealerships process is flawed. We also realize that dealerships all take different steps in their road to the sale.  On our first day in your dealership, our team will review the processes your store is currently using.  With that information, we formulate a custom process and implementation plan designed around your dealership. Next, we roll our sleeves up and get in the trenches to show your team side by side how it is done.  We are big believers in leading and learning by showing not telling!  #elitefi #financeprocess #keepgrowing https://www.elitefipartners.com/process?utm_source=dlvr.it&utm_medium=blogger

America’s Truck Dealers Show Resilience During Toughest Year Yet

Despite everything that’s taken us to our breaking point, we’ve survived. And I know we’ll come out of 2020 as resilient as ever!
http://dlvr.it/RlfCTx

New Dealer.com Review Generation Offering Helps Dealerships Boost Reputation Management

A simple, personal, and comprehensive approach to customer reviews.
http://dlvr.it/RlfCT9

Downtime is an opportunity!

http://dlvr.it/RlfCSq

Training, Training & More Training

In the dealership, you will find that we have busy days and slow days. That is nothing new and happens at all stores. The trick is to ma...
http://dlvr.it/RlfCPB