Something which we are seeing more and more in the automotive sales industry is the outsourcing of the finance and insurance aspect of every vehicle sale. In fact f & i solutions is a growing trend and there are some fantastic companies out there such as Torque Solutions who are delivering exceptional results for their clients. If you have a business within this industry and you are still handling your own finance and insurance then you may wish to think again and consider outsourcing this area of the company, simply because of the wealth of benefits which you will be able to count on when you do.
Should you use a magnificent company such as Torque, who deliver f&i solutions to a high level, here are some of the benefits which you can count on.
Because of the speed and the efficiency which is delivered by this company you will have customers leaving your parking lot in great spirits. When someone wishes to buy a new vehicle they just want to get in it and drive, they do not wish to spend hours sitting around waiting for you to arrange financing options or to deal with insurance. Using a company like Torque will leave your customers happier and that makes them more likely to use you again in the future.
As anyone who has worked in this industry will know, the best sales people aren’t always the best at f&i and visa versa. When you outsource this aspect of the business however you can give your staff a boost in making sure that they are fully focused on sales and nothing else. After all the real money for your business comes form the sale of vehicles and that is where you want your staff’s mindset to be, fully driven to sell, sell, sell, outsource finance and insurance and that is just what you’ll be able to do.
Using Torque will ensure that customers, no matter what they are buying, will be able to count on the finance or the insurance options which they need. Some companies in the industry will only focus on cars and bikes, or perhaps work vehicles, but Torque will deal with everything from ATVs to offload vehicles, plus the standard vehicles such as cars, trucks and bikes. There is no need to use a variety of services as with Torque you can get all of the support that you need in one place.
Because of the professionalism that is offered by Torque your customers will certainly think of you in high regard and whilst they will be using two different businesses during their transaction, mentally they will consider it one and the same and that will help both companies to boost their reputations.
Don’t worry unnecessarily for f&i in-store, outsource it to a great company and give your customers the satisfaction they are looking for, and help to refocus your staff.