The dealership F&I hurdle
12/19/23 • 51 min
The dealership F&I hurdle
F&I to finish the deal
Tesla 2 million recall
Electric vehicles fires galore
Consumer report confirms electric vehicle issues
Price savings for 1 years of fuel
Current charging station additions be the fed....0
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
The dealership F&I hurdle
F&I to finish the deal
Tesla 2 million recall
Electric vehicles fires galore
Consumer report confirms electric vehicle issues
Price savings for 1 years of fuel
Current charging station additions be the fed....0
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
Previous Episode
Electric Vehicle Purchase , Yes or No?
Don’t be conned by the Electric Vehicle story
Hybrid or full, they have a battery
What are the limits?
What about trade values?
Charging takes time, lots of time
No charge? What to do
Fossil fuel taxes pay for roads, how will EV’s be taxed?
Crash safety is important?
Fire safety is paramount
We need the minerals that are not here
Find a power source
Electric fuel can cost as much as gas
Will the monopoly of electric sources raise the rates?
The cost difference in new electric vehicles is huge.
Maintenance happens on all vehicles
Battery versus tuning, $
Are electrics a planned obsolescence?
Who can fix them?
Resale is a guess but my bet? Poor
Poor resale makes them 40% more
Environmental facts vs exaggerations
Cost difference buys 15 years of fossil fuel
Next Episode
Tips for buying or leasing a luxury vehicle
Luxury vehicle buying facts
So many Electric-Vehicle issues
EV price range does not change the risk
80% mote problems
Blood batteries
Grid-Serve Charging network raises the cost to charge a vehicle
What qualifies a vehicle as luxury
Safety is the best
The latest High tech
Resale is still #1
Power and quality
More affordable then you think
Leases are best by far
Due diligence requires same techniques
Each issue is thousands
Trade shopping is even more important
OTD, CPI the same
More polite but not your friends
Used Car-fax or Auto-check
Flood check on used
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