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Most dealers understand the importance of a succession plan. Too few realize the critical role pre-tax dollars can play in making your vision for the future a reality.
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Is there life after being an F&I manager? The answer is yes. But the work of an independent agent and trainer isn’t for everyone. A reinsurance expert and former dealer lists five prerequisites for what could be a highly rewarding career change.
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Portfolio has launched Portfolio Accelerate, a new web- and card-based spiff program for top-performing F&I professionals.
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In late June, Portfolio officially acquired National Automotive Experts and NWAN. The companies’ executives spoke to P&A about what led them to join forces, the changing world of F&I and why this match was the right move for both companies, their agents and dealers.
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Portfolio earned a 13th consecutive top ranking in the Dealers’ Choice Awards, winning Platinum in the Service Contract Reinsurance category.
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Creates premier F&I provider with significant growth potential and operating synergies.
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APC executives report significantly higher response and close rates for second-chance service contracts in March and April, when stay-at-home orders suppressed vehicle sales and F&I production.
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New data from Portfolio shows sales of antimicrobial treatments as a percentage of F&I product sales increased as more Americans sought protection from communicable diseases.
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Portfolio’s new GAP and ancillary claims website was designed to streamline the submission and adjudication process.
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Executives say F&I product providers and administrators are playing a critical role in keeping agents, dealers and consumers in business and on the road while joining the fight against the global pandemic.
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