A new white paper from MaximTrak Technologies leads auto dealers into the present and future potential of digital F&I platforms for improving F&I profitability and customer satisfaction.
“The digital revolution has influenced F&I best practices for more than a decade, led by digital cutting-edge e-menu technology. Today the industry is being driven by multichannel, high-touch, visual tools that integrate with the industry, use predictive technology, are easy to use, and engage consumers proactively in the F&I experience,” notes Jim Maxim, Jr, president, MaximTrak Technologies.
This new report notes recent results of dealers using digital technologies to boost PVR and aftermarket product penetration. Across a study of 270 dealers and 1.5 million transactions, PVR increased $538 per deal and service contract penetration lifts of 52% per deal.
“Every dealership I talk to wants new opportunities to maximize F&I profitability. Those dealerships that embrace the right technology experience better results…more than they thought possible. Profitability is not elusive…it is a choice,” Maxim says.
Click here to download this report (http://offers.maximtrak.com/future_of_f-i).
This white paper also details MAXIMTRAK FLITE, a digital platform that combines a state-of-the-art touch screen, tablet technology, and a unique “smart survey” with MaximTrak’s fully integrated, compliant and comprehensive system. It is designed to put the F&I customer in control in a whole new way. With FLITE, a buyer’s entire buying process is enhanced and streamlined with interactive videos, surveys, product recommendations, package building, and more. With the flick of a finger, customers are guided through a consistent, frictionless, and enjoyable sales experience transforming the vehicle delivery process and driving dealer profitability.