8 Benefits of Ongoing F&I Training Programs
The automotive industry constantly evolves, introducing new technologies and regulations daily. As such, it’s essential for finance and insurance (F&I) professionals to stay up-to-date on the latest developments. Ongoing F&I training programs can help ensure that F&I professionals remain knowledgeable and compliant with the latest industry standards. What is F&I Training? F&I (Finance & Insurance) Training is a training that focuses on teaching the skills and techniques necessary to provide automotive customers with financing and insurance products. This type of training helps sales representatives understand the various products available and how to present them to customers properly. It also provides education on handling customer objections, pricing strategies, legal guidelines, and other essential topics. F&I training typically covers product knowledge, pricing, industry regulations, customer service, sales techniques, and negotiation skills. It also