Choosing a good motorcycle Powersports F&I provider is an important decision for any motorsports dealer. Not only do they need to choose someone who offers transparent products, training, and reinsurance recommendations but they also need to choose someone who is willing to listen to their wants and needs. If you are looking for a motorcycle Powersports F&I provider, then here are some of our top tips to help you in your search:
1. Look at Customer Reviews
Before you start contacting F&I providers, it is a good idea to do some research into the different options available to you. A good place to start is to look at reviews from previous customers online. These reviews will be able to give you an idea of how good a company is. You will be able to see what past and present customers think of the service they have received, as well as things that they think the company can improve on. The more information you find out about a company, the better. This will help you to make a more informed decision in the future.
2. Choose a Provider that Will Help You to Become More Successful
There is no point in choosing a motorcycle Powersports F&I provider that is not interested in the growth of your company. These companies should try their best to help make your business more successful. Not only that, but they should also be ushering in new eras of growth.
3. What Previous Experience Do They Have?
Another important factor to look for when choosing a motorcycle Powersports F&I provider is what experience they have. You should look for a company that specializes in F&I products, F&I training, as well as F&I services to dealerships nationwide.
4. What Services Do They Provide?
When it comes to choosing an F&I provider for your dealership, it is important to pay close attention to the services and insurances they offer. Here are some of the things you should look out for:
- Total Loss Protection (TLP)
- GAP Protection
- Tire and Wheel Protection with roadside assistance
- Extended Service Contract (ESC)
- Lifetime Battery Agreement
- Accelerator System
- F&I Training
5. Which Motorcycle Brands Do They Cover?
Some motorcycle Powersports F&I providers cover most major brands including Kawasaki, Hyundai, Honda, Suzuki, Yamaha, Arctic Cat, Polaris, and more. Others, however, only cover certain brands. This means that it is important to do some research into the different options in order to make sure that they can provide you with the right amount of coverage.
In the past, funding a motorcycle used to be simple. In fact, there were only three options available to people wanting funding for a motorcycle. These include bank loans, cash, or HP. However, this has now changed. In recent years, more options have become available and there are lots more finance providers too.
Thanks to these changes, many dealerships find it difficult to choose a good F&I provider. They want someone who is transparent with products, reinsurance, and training as well as someone who is willing to listen to queries. If you are looking for a motorcycle Powersports F&I provider, then make sure you follow our advice above.