Tag Archive | "F&I Express"

Motorize Debuts Interactive F&I Menu with F&I Express Integration

Baltimore, Md. – Motorize debuted the latest product in their suite of Web- and mobile-based automotive services, the Motorize F&I Menu. The new menu for automotive and motorsports dealerships offers F&I products to buyers in a consumer-friendly manner, and at the same time increases the dealership’s PRU (per retail unit) and PPRU (product per retail unit) while reducing its overhead costs.

The Motorize F&I Menu helps automotive and motorsports dealers sell F&I products such as extended warranties, maintenance & service programs and other ownership insurance products. The menu provides sales and finance personnel a wealth of utilities to inform customers of their available products and programs to protect their new purchases, which in turn generate more revenue for the dealerships and their partners.

“One of the things that makes the Motorize F&I Menu truly unique is that we were able to combine the knowledge of F&I managers and product agents with modern user experience techniques and cutting-edge programming. In the end, this combination of knowledge and technology enabled us to create a product that has been tested and proven to increase PRU and PPRU while giving car buyers more peace of mind,” said Scott Ferber, chairman and co-founder, Motorize.

Through Motorize’s partnership with F&I Express, the menu offers product rating – not just for vehicle service contracts, but for all types of F&I products – combined with eContracting. eContracting expedites coverage for purchased products and reduces both the number of errors and the overhead costs of manual remittance, common challenges in the industry.

“The integration of F&I Express and Motorize is a win-win for dealers across the board,” said Brian Reed, CEO, Intersection Technologies Inc. “The partnership strengthens the aftermarket industry by streamlining the F&I department through eContracting, saving time and money by using one sign-on to access all F&I products, eliminating redundant data entry and producing error-free contracts every time.”

Gary Crossley Ford, one of Motorize’s inaugural clients and an early pilot testing partner dealership, has seen tangible success and increased F&I product sales which they directly attribute to the Motorize F&I Menu. “Since we began using the Motorize Menu platform eight months ago, we have increased our PRU by $400 and our PPRU by 26%. We used to use another menu provider, but we are really glad we switched [to Motorize],” said Ben Pacheco, general sales manager, Gary Crossley Ford. “Its ease-of-use and interactive nature have really hit home with our customers.”

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MenuMetric Joins Intersection Technologies Inc.’s F&I Express Network of Providers

Southlake, Texas – MenuMetric joined the Intersection Technologies’ F&I Express eContracting platform utilizing the F&I Express network of providers. Through that network of providers, menu companies can gain access to more than 60+ providers for rating, eContracting and remittance.

MenuMetric offers dealers a competitively priced F&I management system with customized product menus, price calculator and reporting opportunities. The menu will integrate seamlessly with dealers DMS systems to fully enhance the customer experience.

“MenuMetric is a great addition to our platform allowing MenuMetric dealers to seamlessly integrate into the eContracting capabilities of F&I Express and our 60+ providers,” said Brian Reed, president and CEO, Intersection Technologies.

“We are excited to join the F&I Express platform. This platform, coupled with our menu, will be beneficial to both dealers and agents, this is another step towards a seamless sales process,” said Adam Resnick, president and CEO, MenuMetric.

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F&I Express Expands its Team

Southlake, Texas – F&I Express hired Amanda O’Connell as a marketing and communications specialist. She has more than 10 years of marketing, design, Web and public relations experience; one of her responsibilities will be to collaborate with provider partners to develop and execute co-branded marketing campaigns for agents and dealers.

“I am excited to join Intersection Technologies Inc. and be a part of this fast-growing aspect of the automotive industry,” said O’Connell. “I look forward to working with our clients to spread the word about F&I Express and help move this industry forward.”

In addition, the company also named Rick Malone vice president of business development. He joins Michele Harris as part of the Business Development team which reports to Rich Apicella. Malone is a veteran of the aftermarket F&I Industry with more than 20 years of working with agents and providers.

“I am excited to join the F&I Express team, and play a role in our continued growth,” said Malone. “I welcome the opportunity to help agents and providers increase their market share and visibility with their dealer clients. By integrating all of their aftermarket products under the F&I Express eCommerce solution, dealers will benefit from faster, error-free deliveries.”

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Omnisure Premium Finance Integrates Into F&I Express eContracting Platform

Southlake,Texas – F&I Express integrated with Omnisure for the financing of premiums of aftermarket F&I products sold by dealers. Omnisure not only provides financing for vehicle service contracts but for other aftermarket products as well, with some of the lowest rates plus expedited funding. The integration with F&I Express now allows Omnisure dealers to electronically rate, contract, and register their aftermarket products as well as allow for the online preparation of Omnisure finance contracts.

“Omnisure, who has been in business for over twenty years, and has specialized in the financing of premiums of aftermarket products, is a great addition to the F&I Express platform,” said Brian Reed, president and CEO, Intersection Technologies Inc. and F&I Express. “Dealers today are always looking for new options to finance the premiums of aftermarket F&I products as well as an easy, no-hassle way to electronically prepare the products and finance the contract.”

“We are excited about being a part of the F&I Express platform. This new technology coupled with the ability to finance vehicle service contracts with Omnisure will allow dealerships across the country to increase sales and operate more efficiently than in the past. It’s a win-win for dealerships and customers!“ said Sandy Gordon,senior vice president, Omnisure.

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Fidelis PPM Partners With F&I Express

Lakewood, N.Y. — Fidelis PPM signed on to use F&I Express’ e-contracting platform, allowing F&I Express users to push customer and contract data into Fidelis PPM’s DRIV customer retention software.

For dealers that have a Fidelis PPM prepaid maintenance (PPM) program in place, F&I Express will provide premiums for all PPM packages based on the vehicle information provided with just a click of a button.

“Fidelis continually strives to provide our dealers with easy solutions that allow them to be more productive and focus on adding value for their customers,” said Ryan Williams, executive vice president, Fidelis PPM. “As with all of our partnerships, our integration with F&I Express is intended to make the dealer’s life easier so that the focus truly remains on building customer relationships and loyalty for their dealership.”

Brian Reed, president and CEO, F&I Express, added: “The addition of Fidelis PPM to the F&I Express platform further increases our value to the dealers who are looking for an easy, fast, and accurate way of e-contracting their aftermarket F&I products.”

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F&I Express Adds Universal Lenders – Zero Plan to Its Aftermarket eContracting Platform

Southlake, Texas – F&I Express announced that Universal Lenders LLC’s premium finance product – The Zero Plan – joined its aftermarket eContracting platform. Auto dealers across the United States will now have the ability to prepare, process and register all Zero Plan premium finance contracts for the dealers who are part of the Zero Plan dealer network.

“The Zero Plan provides consumers the ability to finance the purchase of their aftermarket products. With F&I Express, The Zero Plan’s dealer customers can offer an easy, error-free financing process to help speed the vehicle delivery process,” said Brian Reed, president and CEO, Intersection Technologies Inc. and F&I Express. “The Zero Plan is committed to providing flexible payment options to customers. Being a part of the F&I Express platform supports that commitment.”

“The ZERO Plan and F&I Express – What a perfect partnership!” said Jeff Jacobs, CEO, Universal Lenders LLC. He went on to say, “The ZERO Plan is the only installment plan that allows multiple F&I products to be financed on one installment agreement. With the wealth of F&I products offered on the F&I Express platform our mutual dealers will experience seamless integration and increased revenue while receiving their funding within 7 days.”

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