Extended Warranty Finance Gap Insurance 
Car Examer
NOVEMBER 2, 2024
APR (Annual Percentage Rate) APR is the interest rate on any car financing, shown as an annual percentage. Deposit Contribution A deposit contribution is essentially a discount offered by the dealership or manufacturer when you finance through their specific program. It’s often called the balloon payment.
Shawn Ryder
FEBRUARY 7, 2024
F&I (Finance and Insurance) A department within a dealership responsible for arranging financing and insurance for customers purchasing vehicles. The F&I manager will also offer additional products such as extended warranties and GAP insurance.
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Shawn Ryder
MARCH 12, 2024
Understanding the various fees, financing options, and scrutinizing the fine print can make a significant difference in the outcome of a car deal. Financing Fundamentals Loan Approval Process If you’re considering financing a car purchase, understanding the loan approval process is crucial.
Canadian Auto Dealer
MARCH 1, 2024
EVs typically come with price tags that are thousands of dollars more than traditional vehicles, and this price increase could translate into more opportunity to pick up lender finance reserves. F&I offices are going to need options that cater to these unique challenges, such as extended warranties that cover battery performance.
Canadian Auto Dealer
MARCH 30, 2024
To confidently present finance and insurance products, business managers must be well-versed in the intricacies of extended warranties, GAP insurance and more. Product knowledge is power here. But it doesn’t stop there. F&I managers are negotiators extraordinaire.
Autosoft
APRIL 11, 2024
Reading Time: 5 minutes 10 Ways to Unleash the Potential of Your Dealership’s F&I Department April 11, 2024 Within automotive sales, the Finance and Insurance (F&I) department holds a crucial position, impacting both profitability and customer satisfaction.
Autosoft
MARCH 25, 2024
Unleashing the Potential of Your Dealership’s F&I Department March 25, 2024 Bryce Veon 7 mins read Within automotive sales, the Finance and Insurance (F&I) department holds a crucial position, impacting both profitability and customer satisfaction.
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