Law Firm Seeks Congressional Inquiry Over Hyundai, Kia Thefts

Says historical automaker testimony has resulted in decisive action over safety issues.
https://www.fi-magazine.com/370743/law-firm-seeks-congressional-inquiry-over-hyundai-kia-thefts?utm_source=dlvr.it&utm_medium=blogger

Elite FI Partners: Your Trusted F&I Products Agency As a dealership, it can be challenging to keep up with the latest F&I products and trends while still providing exceptional service to your customers. That's where Elite FI Partners comes in - we are an F&I products agency specializing in training and support for our dealer partners. At Elite FI Partners, we understand that building relationships with our dealer partners is key to our success. That's why we make it a priority to get to know each of our partners on a personal level so that we can better understand their needs and goals. By doing so, we can create customized F&I solutions that help dealerships increase their revenue and customer satisfaction. One of the ways we do this is by offering industry-leading profit-sharing programs. We believe that our dealer partners should share in the success of our products, which is why we offer a generous profit-sharing program based on performance. This creates a win-win situation for both parties, as dealerships can increase their profits while providing their customers with high-quality F&I products. Speaking of high-quality products, Elite FI Partners is proud to offer a range of industry-leading F&I products. From vehicle service contracts to GAP insurance and everything in between, we have a solution that fits the unique needs of each dealership and its customers. Top-rated carriers back our products, and we are always looking for new and innovative ways to enhance our offerings. But it's not just about the products - Elite FI Partners is also dedicated to providing the training and support our dealer partners need to succeed. Our team of experts has decades of experience in the F&I industry, and we are committed to sharing our knowledge with our partners. Whether it's in-person training or ongoing support, we are here to help our partners navigate the complexities of the F&I world. At Elite FI Partners, we are proud to be more than just an F&I products agency. We are a trusted partner committed to helping our dealer partners grow their businesses and provide the best possible service to their customers. Contact us today to learn more about how we can help your dealership succeed.

Research Shows Steep BEV Depreciation

Models lose much more value than gas-powered vehicles, study found.
https://www.fi-magazine.com/370745/research-shows-steep-bev-depreciation?utm_source=dlvr.it&utm_medium=blogger

Five-Year Cost to Own Award Winners Named

Car shoppers save money over time buying brands, models with lowest projected ownership costs.
https://www.fi-magazine.com/370740/five-year-cost-to-own-award-winners-named?utm_source=dlvr.it&utm_medium=blogger

The Power of People - Exploring the Culture Behind the Company

At Elite Financial Partners, we believe that our success is not just about the products and services we offer but also the culture we foster within our company and with our partners. We take great care to ensure that every aspect of our business reflects our values, including our choice of Alpha Warranty Company. Why Alpha Warranty Company? We chose Alpha Warranty Company as a partner because they share our focus on growth, transparency, and cutting-edge products. Their commitment to providing comprehensive training and profit-sharing programs for their dealer partners is also a crucial factor in our decision to partner with them. By choosing an administrator who aligns with our values, we can ensure that our dealer partners and their customers receive the best possible experience. Training and Transparency We believe that transparency and comprehensive training are vital components of any successful partnership. That's another reason we partner with Alpha Warranty Company, which shares our values and commitment to these principles. Alpha Warranty Company not only provides their dealer partners with exceptional customer service training, but they also invite our dealer partners to fly in and meet their team, experience their culture firsthand, and see their transparent approach in action. This opportunity allows our dealer partners to fully understand the people and processes behind the service contracts they offer their customers. By building this level of trust and understanding, our dealer partners are fully equipped to provide their customers with exceptional service and support, ultimately leading to increased success for everyone involved. Cutting-Edge Products Another critical factor in our partnership with Alpha Warranty Company is their commitment to providing cutting-edge products. We understand that the needs of our dealer partners and their customers constantly evolve, so we need to offer innovative solutions to meet their changing needs. Alpha Warranty Company is constantly researching and developing new products and services to help us stay ahead of the curve. Profit-Sharing Programs Finally, profit-sharing programs are a crucial component of any successful partnership. Alpha Warranty Company offers such programs to their dealer partners, which enables us to grow our business together. By aligning our interests and sharing the benefits of our success, we can build a more robust and sustainable partnership. At Elite Financial Partners, we believe that our success is not just about the numbers but also the power of people and culture. We have chosen Alpha Warranty Company as our partner because they share our commitment to growth, transparency, and customer satisfaction. By providing our dealer partners with comprehensive training, cutting-edge products, and profit-sharing programs, we can offer the best possible experience to our partners and their customers. We are committed to building on this foundation of culture and values to drive our business forward and help our dealer partners succeed.
https://www.elitefipartners.com/post/the-power-of-people-exploring-the-culture-behind-the-company?utm_source=dlvr.it&utm_medium=blogger

Mixed Results in Q1 Auto-Finance Digital Use

Lenders see digital adoption growth mirrors vehicle sales; secondary markets show stronger rate with securitization.
https://www.fi-magazine.com/370725/mixed-results-in-q1-auto-finance-digital-use?utm_source=dlvr.it&utm_medium=blogger

Stellantis Aims to Trim Workforce

Reports say it’s offering buyouts to tens of thousands of US workers.
https://www.fi-magazine.com/370718/stellantis-aims-to-trim-workforce?utm_source=dlvr.it&utm_medium=blogger

Black Book: Weekly Market Update

The Used Retail Active Listing Volume Index reverted back to one at the start of the year and now sits at 0.95 points.
https://www.fi-magazine.com/370704/black-book-weekly-market-update-2?utm_source=dlvr.it&utm_medium=blogger

BMW Remote ‘Key’ Now Open to Android

Formerly accessible only by Apple users, tech now compatible with Google, Samsung devices.
https://www.fi-magazine.com/370695/bmw-remote-key-now-open-to-android?utm_source=dlvr.it&utm_medium=blogger

Autotrader Names Best Car Interiors Under $50K

The 10 models that best exhibit beautiful design with affordability.
https://www.fi-magazine.com/370680/autotrader-names-best-car-interiors-under-50k?utm_source=dlvr.it&utm_medium=blogger

FreeWire Preferred Vendor of Ford Minority Dealership Group

Starts relationship as group's EV-charging provider.
https://www.fi-magazine.com/370682/freewire-preferred-vendor-of-ford-minority-dealership-group?utm_source=dlvr.it&utm_medium=blogger

States Seek Recall of Theft-Prone Hyundai, Kia Models

They say brands haven’t done enough to protect vehicles without antitheft tech.
https://www.fi-magazine.com/370675/states-seek-recall-of-theft-prone-hyundai-kia-models?utm_source=dlvr.it&utm_medium=blogger

Peak Performance

The days of making the customer wait are over.
https://www.fi-magazine.com/370651/peak-performance-3?utm_source=dlvr.it&utm_medium=blogger

F&I Tip of the Month

Potential versus readiness in F&I
https://www.fi-magazine.com/370654/fi-tip-of-the-month-1?utm_source=dlvr.it&utm_medium=blogger

Black Book: Weekly Market Report

Eleven of the 13 truck segments reported increases last week.
https://www.fi-magazine.com/370642/black-book-weekly-market-report-9?utm_source=dlvr.it&utm_medium=blogger

Powersports Programs | Elite FI Partners

Is your Powersports dealership looking for a complete product lineup that is fully integrated into your DMS? Are you looking to add a state-of-the-art menu presentation tool? Our products, technology and process create an efficient and effective approach to presenting 100% of your products to 100% of your customers 100% of the time. We train & coach your sales & finance staff with proven processes that work. #WeAreEliteFI https://www.elitefipartners.com/powersports-finance-products?utm_source=dlvr.it&utm_medium=blogger
https://www.elitefipartners.com/powersports-finance-products?utm_source=dlvr.it&utm_medium=blogger

Used Inventory Shrinks

Prices trending upward as wholesale increases trickle down.
https://www.fi-magazine.com/370592/used-inventory-shrinks?utm_source=dlvr.it&utm_medium=blogger

Toyota, Exxon Testing Alt Fuels

Partnership exploring low-carbon formulas in existing lineup.
https://www.fi-magazine.com/370581/toyota-exxon-testing-alt-fuels?utm_source=dlvr.it&utm_medium=blogger

New-Vehicle Inventory at Two-Year High

Still off historical norms, improvement leads to more sales.
https://www.fi-magazine.com/370583/new-vehicle-inventory-at-two-year-high?utm_source=dlvr.it&utm_medium=blogger

EPA Ushers in Strictest Emissions Rules Yet

Changes aimed at greater EV adoption as government works to curb pollution.
https://www.fi-magazine.com/370570/epa-ushers-in-strictest-emissions-rules-yet?utm_source=dlvr.it&utm_medium=blogger

Black Book: Weekly Market Report

It was the first time the prestige luxury car segment increased in value since last June.
https://www.fi-magazine.com/370563/black-book-weekly-market-report-8?utm_source=dlvr.it&utm_medium=blogger

Tip of the Month

F&I in Sales Meetings
https://www.fi-magazine.com/370556/tip-of-the-month?utm_source=dlvr.it&utm_medium=blogger

F&I Sales Is a Team Sport – Are Your Players Ready?

Training and rewards system are both critical in achieving success.
https://www.fi-magazine.com/370542/fi-sales-is-a-team-sport-are-your-players-ready?utm_source=dlvr.it&utm_medium=blogger

Used, New Vehicle Prices Still Up

Demand, despite market pressures, remains elevated, keeping supply tighter.
https://www.fi-magazine.com/370507/used-new-vehicle-prices-still-up?utm_source=dlvr.it&utm_medium=blogger

Get Past the Roadblocks: Best Price / Trade Worth?

In this video, Joe Porter with the Automotive Training Academy by Assurant continues his Roadblock series with handling your best price on your vehicle and your customers.
https://www.fi-magazine.com/370517/get-past-the-roadblocks-best-price-trade-worth?utm_source=dlvr.it&utm_medium=blogger

Tesla Workers Shared Vehicle Videos, Report Says

Reuters expose shows employees passed around intrusive videos and clips captured by customers’ automobile cameras.
https://www.fi-magazine.com/370521/tesla-workers-violated-owners-privacy?utm_source=dlvr.it&utm_medium=blogger

Cox Automotive Unlocks More Messaging Options

It will now offer face-to-face video during live chats, thanks to exclusive partnership with ActivEngage.
https://www.fi-magazine.com/370524/cox-automotive-unlocks-more-messaging-options?utm_source=dlvr.it&utm_medium=blogger

American Honda Recalls Older CR-V Crossovers

Company reports that de-icing agents can cause frame corrosion.
https://www.fi-magazine.com/370519/american-honda-recalls-older-cr-v-crossovers?utm_source=dlvr.it&utm_medium=blogger

Kelley Blue Book Announces Brand Image Award Winners

Consumer perception of Tesla remains high among new-car shoppers as brand nearly sweeps luxury categories.
https://www.fi-magazine.com/370503/kelley-blue-book-announces-brand-image-award-winners?utm_source=dlvr.it&utm_medium=blogger

Ford Reports Healthy Q1

Sales reflect improved inventories across industry over last year.
https://www.fi-magazine.com/370484/ford-reports-healthy-q1?utm_source=dlvr.it&utm_medium=blogger

We Bring Value and Create Revenue

We have been on a mission to bring programs and tools to dealerships that increase productivity, value & revenue! Are you looking for a no-cost way to increase the bottom line at your dealership? We can help! We have multiple programs designed to effectively increase revenue in your dealership. Reach out to us today to learn more about how we are adapting and pivoting our approach to meet the needs of our dealers in today's economic situations! Virtual presentations, e-signatures, adaptive products, dealer resources, profit-sharing programs, support & training. Learn more at www.elitefipartners.com #elitefi #financeteam #thenewnormal ---
https://www.elitefipartners.com/post/we-bring-value-and-create-revenue?utm_source=dlvr.it&utm_medium=blogger

Eco-Pro Certified Clean Dealer

Offering Certified Clean vehicles is a great way to distinguish your dealership from the competition. With all the news today about the coronavirus, people are more concerned than ever before about how to protect their family from germs, bacteria and viruses. https://youtu.be/IUpEJXYrs6Y https://youtu.be/AzltksidJqQ Eco-Pro Certified Clean is applied to the interior cabin, ventilation system and cargo spaces of a vehicle. MicrobeRepel Certified Clean is EPA registered and offers protection for smoke, pets, germs, bacteria, fungi, mold and mildew. MicrobeRepel Certified Clean is currently used in Ebola transport vehicles, aircraft, emergency vehicles, ambulances and hospital applications. This product can be setup as a preload with upgrade options or sold standalone in the finance office. It is a industry-leading treatment for your inventory with proven applications in multiple industries! Contact us today to learn how to offer Certified-Clean vehicles to your customers in your finance line up. Michael Aufmuth 520-631-0465
https://www.elitefipartners.com/post/now-is-the-time-to-be-a-certified-clean-dealer?utm_source=dlvr.it&utm_medium=blogger

Car Guy Coffee Late Brew #CGC

It’s the first of the month and tonight we have Elite FI Partners’ Michael Aufmuth with us. #5Liner, #FreshNews, #JumpBox #keepgrowing Elite FI Partners is one of our amazing sponsors. Don’t miss this. Let’s Brew!
https://www.elitefipartners.com/post/car-guy-coffee-late-brew-cgc?utm_source=dlvr.it&utm_medium=blogger

2023 in Auto: It’s Time To Put Customers’ Needs in the Driver’s Seat

Automotive customers today expect digitization, convenience, and great customer service. To remain relevant, auto businesses must evolve to meet and exceed their expectations. Learn new strategies and tools to help engage these customers in an e-book by Uber for Business.
https://www.fi-magazine.com/digital/370444/2023-in-auto-its-time-to-put-customers-needs-in-the-drivers-seat?utm_source=dlvr.it&utm_medium=blogger

Bring the Value & Appreciation

Always bring value to the table! When you are interacting with a customer or selling a product make sure you bring product knowledge and value by simply being knowledgeable on the topic you were talking about. Appreciate the value of your customer's time! Take time to show your customer appreciation by writing a handwritten thank you letter. Have a great Friday everyone! Michael Aufmuth with Elite FI Partners #elitefi #bringthevalue 520-631-0465https://youtu.be/S90OC3aAV30
https://www.elitefipartners.com/post/bring-the-value-appreciation?utm_source=dlvr.it&utm_medium=blogger

Remote Finance Menu Training

We now offer remote menu training on Elite FI Partners website. Set up a time directly from the website under the (Schedule A Meeting) option. We train on product knowledge & finance process implementation. With our new online meeting tool, we will have you present your menu and product to one of our finance specialists and give you insight and ideas on how to improve your presentation. Our idea is to always be improving through training and coaching and now you can choose from in-person or online meetings. Learn more about this exciting new tool at https://www.elitefipartners.com/book-online #elitefi #onlinetraining #financetraining
https://www.elitefipartners.com/post/remote-finance-menu-training?utm_source=dlvr.it&utm_medium=blogger

Dealership Advertising Cheat Sheet

The FTC Is Paying Attention to Your Dealership’s Advertising—Are You?
https://www.fi-magazine.com/digital/370414/dealership-advertising-cheat-sheet-2?utm_source=dlvr.it&utm_medium=blogger

Look For The Uncomfortable

June is in the books and its time to focus on your strategy for July. A lot of us set goals and work on a forecast and never focus on the change needed to reach and exceed those goals. Challenge yourself to reach for a new goal and challenge yourself to be in the uncomfortable! If your goal is a number add 20% to it. If your goal is customer service, lead by example! Make it difficult! Now the tricky part is how do you get there? The truth is you have to live in the uncomfortable! You have to be willing to do things that are difficult. Every day you will be faced with choices and most people tend to follow the path of least resistance. I challenge you to take the other path and put yourself somewhere uncomfortable. When you do this and face your challenges head-on you will grow exponentially! So my goal for July is to be in the uncomfortable! What's your goal? www.elitefipartners.com #elitefi https://youtu.be/-vvWQfQOS2c
https://www.elitefipartners.com/post/look-for-the-uncomfortable?utm_source=dlvr.it&utm_medium=blogger

BMW Aims to Minimize Mining for EVs

CFO says it will focus on design, recycling. Carmaker is also conceiving hydrogen model.
https://www.fi-magazine.com/370463/bmw-aims-to-minimize-mining-for-evs?utm_source=dlvr.it&utm_medium=blogger