FLADCO News

Getting More By Paying Less

Posted by Mark Mackson on Jul 30, 2020 6:00:00 AM

Whether that’s from savings or revenue generation, boosting your bottom line is what FLADCO has always done. And some of our least flashy deals are among the best ways to do it.

Boost Profits by Preventing Revenue Leaks

Posted by Mark Mackson on Jul 14, 2020 6:00:00 AM

As dealerships focus on making every penny county, it’s a great time to review all kinds of expenses – especially the ones that don’t appear on your balance sheet. Things like costly chargebacks caused by cancellation of F&I products like GAP coverage.

Add Profitable Options to Your F&I Offerings

Posted by Mark Mackson on Jul 2, 2020 2:34:24 PM

We’ve told you before about how AutoPayPlus can help you close more sales. It’s also an outstanding way to generate more F&I revenue.

Close More Sales By Helping Customers Reduce Debt

Posted by Mark Mackson on May 21, 2020 6:00:00 AM

As lockdown restrictions get eased and manufacturers offer an array of incentives to generate showroom traffic, it’s a perfect time to look at ways to improve your F&I earnings while offering customers more flexibility.

Retain and capture more F&I profit

Posted by Mark Mackson on May 6, 2020 12:30:09 PM

GAP insurance has long been a great way to provide customers with a valuable service while creating an excellent revenue stream, and as money gets tighter and loans get longer, it’s more important than ever for customers to get GAP protection.

The trouble for dealerships is that most GAP plans have a painful flaw: Early cancellations and the subsequent chargebacks dealers must pay.

Keeping you informed - MLA changes create F&I opportunities

Posted by Mark Mackson on Mar 5, 2020 7:21:54 AM

The U.S. Department of Defense has changed its interpretation of a key part of the Military Lending Act (MLA) to allow dealerships to offer Guaranteed Asset Protection (GAP) to service members and their families. Now all military customers who finance a vehicle purchase can choose GAP coverage.

Payment Plans Boost Dealerships in Many Ways

Posted by Mark Mackson on Jan 23, 2020 11:51:24 AM

Accelerated payment plans like AutoPayPlus deliver numerous benefits for both dealerships and customers. Simply by switching monthly payments to biweekly payments for a nominal fee, these plans deliver a lot of value for everyone involved:

Reduce Fixed Ops Expenses Simply

Posted by Mark Mackson on Oct 30, 2019 5:45:00 AM

Keeping an eye on mundane aspects of your expenses is time-consuming and irritating. It’s hard to know you’re getting the best price, and when comparing parts like fasteners, often separated in price by pennies, it can feel meaningless.

It’s anything but.

Superior Inventory Management Keeps Repair Shops Humming

Posted by Mark Mackson on Oct 9, 2019 9:01:11 AM

With margins shrinking or even disappearing on vehicle sales, you need to find profit wherever you can to help your dealership thrive. One surprising spot to generate profits is in the small supplies your repair shops use.

Help Buyers Pay Off Loans Faster and Add F&I Revenue with AutoPayPlus

Posted by Mark Mackson on Sep 18, 2019 5:45:00 AM

As prices for new and used vehicles keep rising, finding innovative financing solutions for customers is critical to closing more deals. And as auto loan terms continue to set records, longer loan terms are becoming commonplace.

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