The need to maximize your profits on every buying customer has never been more important.
F&I profitability is a vital component of this goal.
Your ProMark F&I consultants will concentrate their efforts on:
There are hundreds of cookie-cutter sales programs available on the market.
All are relatively the same and none address the specific challenges you face.
Your ProMark consultant will design a specific program for your dealership that will address:
All of these are accomplished by taking advantage of your current strengths while keeping in mind your individual business philosophies.
You deserve to keep the lion’s share of the profit you develop in the sale of products to your customers.
You also need to consider your retirement, your estate and the legacy you will leave for your family.
Reinsuring F&I products is a powerful tool to accomplish all of this.
With nearly 20 years of extensive experience in dealership reinsurance we can:
Here at Promark, we couple your management team with our agency talent to meet and surpass your income and long-term wealth goals.
We will work side-by-side with you to implement these process and training necessities.
We don’t give legal advice, we educate
We have access to specialized teams
Compliance Management System Development
Product Selection is an important step in the development of a profitable and customer focused F&I operation. Offering the best mix for your brand, your market, and your culture is the key to maximizing your profits. The quality of those products offered to your customers is also an important consideration for the efficiency and health of your F&I office. Against some common perceptions, at ProMark we believe in the idea that there is limited shelf space available in your business office. Offering too many products can be overwhelming and confusing to your customers. The addition of products beyond this available shelf space can cause the cannibalism of other products leaving you with the same or even reduced overall product penetrations.
At this point of counterproductive product density, you create more administrative costs for your business office and general office staff with no increase in profits. One of the many advantages of partnering with ProMark is that we will help you choose the products that are best for your dealership. Our ability to contract with the strongest and most innovative F&I product administration companies in the industry allows us to offer a full array of solutions while keeping an eye on new products as they enter the market. We fully vet our suppliers to assure they have the financial strength, track record and customer focus we demand. Among our current offerings are:
Day 1: Meet with the Service Manager/Owner/GM/GSM to discuss strengths and weaknesses of the existing procedures in place. This addresses any known or unknown conflict between departments. Creating and understanding of how one department affects another is a valuable tool in establishing a productive service culture from which to build.
Day 2-3: Observation of the daily operations of the Service Department and the roles of each person in that department. The following questions are just some of those asked during this observation while working with the Service Manager. A fresh set of eyes, an alternate approach and new ideas are extremely effective in aiding the Service Manager in his improvement efforts.