Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

DPB 089: Jim De Luca on How to Adapt Your F&I Process for the Digital Age

DPB 089: Jim De Luca on How to Adapt Your F&I Process for the Digital Age

FromThe Dealer Playbook


DPB 089: Jim De Luca on How to Adapt Your F&I Process for the Digital Age

FromThe Dealer Playbook

ratings:
Length:
30 minutes
Released:
May 26, 2016
Format:
Podcast episode

Description

The digital age has brought about significant shifts in how consumers research and purchase vehicles. But that's where most of the focus has been about the sales process. According to our guest, Jim De Luca, Vice President of The Digital Road to a Sale, the sales, and finance processes are very siloed and don't work well together. Most dealerships are focused primarily on creating a streamlined sales process but leave F&I to sit in the shadows. Is your F&I Process stuck in the 80's? It's not 1984, and there is a need for dealers to shift their F&I processes so that they adapt and fit in with consumer behavior in the 21st century. In episode 89 of The Dealer Playbook, Jim De Luca provides insights into how dealers can provide a streamlined and efficient F&I process in a transparent way. Transparent F&I Processes are a Must Transparency, he mentions, is a key to having an efficient finance and insurance process in your store. When you consider the fact that consumers are asked to give private information to an individual that they've never met before is a pretty significant thing. It doesn't make much sense. The best way to counter that gap in the process is by having a fully-featured F&I menu available during the sales process. That way you'll be able to provide the transparency and information that the customer is interested in. Have a question for Jim? Connect with him here:  Jim De Luca on Facebook Jim De Luca on LinkedIn Jim De Luca on Twitter    Connect with Michael!  Michael Cirillo on LinkedIn Michael Cirillo on Facebook Michael Cirillo on Instagram Michael Cirillo on Twitter Michael Cirillo's blog Michael Cirillo's Marketing Agency   
Released:
May 26, 2016
Format:
Podcast episode

Titles in the series (100)

The car business is rapidly changing and modern car dealers are meeting the demand. Join Michael Cirillo on The Dealer Playbook podcast which features expert interviews, actionable advice, and insights that will help you create a thriving career and life within the retail automotive industry.