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Finance Manager

icon building Company : Nashville Nissan
icon briefcase Job Type : Full Time
icon geo-alt Nashville, Tn

Number of Applicants

 : 

000+

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Job Description - Finance Manager







An F&I (Finance and Insurance) Manager in a car dealership handles the financial and insurance aspects of vehicle sales, securing financing, selling add-on products, and ensuring compliance with regulations. 



Here's a more detailed breakdown of the F&I Manager's role:



Key Responsibilities: 


  • Securing Financing: 

  • Assessing customer needs and creditworthiness.

    • Working with lending agencies to secure competitive interest rates. 

    • Presenting loan options and terms to customers. 



  • Selling F&I Products: 

    • Explaining and recommending extended warranties, GAP insurance, and other aftermarket products.

    • Helping customers understand the benefits of these products and how they protect their investment.



  • Paperwork and Compliance: 

    • Completing vehicle sale paperwork accurately and efficiently. 

    • Ensuring all transactions meet federal, state, and local regulations. 

    • Understanding and adhering to regulations like the Truth in Lending Act. 



  • Customer Service: 

    • Providing excellent customer service throughout the financing and insurance process. 

    • Building relationships with customers and lending institutions. 



  • Training and Support: 

    • Training sales teams on finance and lease programs.

    • Staying up-to-date on industry regulations and best practices.



  • Profit Generation: 

    • F&I managers are a key profit center for dealerships, and their success is measured by the revenue generated from F&I products. 










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