Comprehensive F&I Manager Training: Equipping *Your* Manager with the Right Skillset
Different dealerships have different needs and goals, which is why it’s not accurate to assume that every individual who has ever worked at a dealership can fulfill the needs of another, a different, dealership. This is particularly true for dealership managers, including the F&I Manager. Training courses, seminars, and other similar programs are generally provided by a dealership to their new recruits, which again may include the F&I Manager.
Powersports F&I Manager Training
If your dealership is in the Powersports industry, then the training courses for your F&I Manager should focus on Powersports vehicles and customers, with a little background on F&I in the general automobile industry. On that note, the training solutions provider should be someone who not only knows everything there is to know about the Powersports industry, but also one with an extensive, hands-on experience in the same.
Topics discussed in trainings for F&I managers include the following:
- Financing
- Extended service contracts and other similar programs
- Closing deals
- Understanding customers’ needs and financial situation
- After-sales support
- Compliance
- Leading a team (motivating agents or subordinates, conducting on-the-job trainings, etc.)
- Ensuring that all documents pertaining to financing applications are properly filled out to expedite processing
- And more…
On the outset, an F&I Manager’s tasks seem simple enough, but there’s more to it than just talking to customers, closing sales, offering add-on services, and processing applications. The hard work is really in the details.
And this is where an F&I Manager Training can really be put to effective use. Provided, of course, that the training courses are exactly what your dealership and F&I Manager need. This is why it’s important to be rather choosy when it comes to training programs for your agents, managers, and other employees. You want your team to be equipped with the skillset that will drive profit and growth for your dealership. The training provider you choose is likewise important for your F&I Manager as the right one will give them the skills they need to progress and grow professionally.
Torque Group F&I Manager Training
Torque Group is a leader in F&I in the Powersports industry. They have been providing F&I solutions to dealerships over 15 years, so when you partner with them for your F&I training, you can rest assured they know what they’re talking about.
Their F&I training solutions are designed to improve your dealership’s profits from your F&I products. With their deep understanding of the industry, they know the challenges that F&I departments face, which is why they designed training programs that will help F&I managers and teams to overcome these challenges with new and/or enhanced skills, and a deeper knowledge of the industry.
Are you ready to elevate your F&I department? Call Torque Group today at (800) 859-0590 to learn about upcoming F&I trainings. Or Sign Up today for other products and services.
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