F&I professionals wishing to keep pace with the industry’s ever-increasing standards will have the opportunity to download the electronic version of renowned Encyclopedia of Finance & Insurance Management in its entirety. For a limited time, the Automotive Dealership Institute will be offering the entire 772 page volume as an instantly downloadable PDF. This e-book will be available for only $49.95, a fraction of the cost of the book’s sold-out hard cover edition, the first edition of which retailed for $795 followed by more affordable Library Edition released earlier this year at $399.
The Encyclopedia was a collaborative effort from a team of key automotive industry professionals, representing a wide range of topics.
Topics covered in the F&I encyclopedia are:
- Finance and Insurance - Prime and Nonprime
- F&I Menu Presentation Process
- Creation and Management of the Dealership Internet Department
- Retail Installment Sales Contracts
- Consumer Leasing, Lease Agreements
- Collecting, Analyzing and Evaluating Credit Information
- Legal Compliance - Privacy Rule, Safeguards Rule, Cash Purchases, etc.
- Credit Insurance and Related Products
- Ethics for Automotive Financial Professionals
Among the contributors was Dr. Robert W. Serum, CEO of the Center for International Retail Automotive Standards (CIRAS) and former Vice President of Academics and International Programs at Northwood University, Thomas Hudson, senior partner at Hudson Cook, LLC and author of CARLAW, and ADI’s Alan Algan and Arzu Algan.
The e-book edition of the Encyclopedia offers several user-friendly features, including an electronic table of contents and electronic bookmarks for easy navigation. “We wanted to make it accessible to all F&I professionals, not just upper management,” reports Alan Algan, CEO and Executive Director of the Automotive Dealership Institute, “We’ve always believed in the importance of ongoing education – it’s the only way to raise the standards for our industry.”
The e-book will be available August 5, 2008. For details, call (877) 998-7200 or visit http://www.autodealerinstitute.com/finance-insurance/encyclopedia.php
The Automotive Dealership Institute is a Scottsdale, Ariz.-based automotive management school that specializes in educating the next generation of Finance and Insurance managers and service advisors. ADI is licensed by the State of Arizona Board for Private Postsecondary Education and approved by the Arizona Department of Education. For information, visit www.autodealerinstitute.com, or call (877)998-7200.
Today marked the official launch of CIRAS – The Center for International Retail Automotive Standards in the United States, CIRAS is dedicated to the professionalizing of the international automotive industry, CIRAS will offer a series of web-based certifications in a variety of key positions in the automotive trade.
Under the direction of Northwood University’s retired Vice President of Academics and International Programs, Prof. Robert W. Serum, PhD., CIRAS has assembled a team of respected automotive specialists from around the world. “CIRAS is not the usual training or teaching facility,” stresses Dr. Serum, “We fully recognize the contributions made by the many excellent educational institutions now serving the automotive industry.”
The Automotive Dealership Institute’s recent Automotive Lending Workshop in Kuala Lumpur, Malaysia, drew high-ranking financial executives from 11 banks throughout Southeast Asia and the Middle East. Entitled Creating a Competitive Advantage in the Auto Financing Market for Tomorrow, was ADI’s fourth international automotive finance workshop for The Banking Academy, a subsidiary of The Asian Banker. Participants hailed from Malaysia, Thailand, Indonesia, Brunei, Singapore, Philippines, Kuwait, Qatar, United Arab Emirates, and Saudi Arabia. A diploma was awarded to every participant upon successful completion of the three-day intensive program.
Michael. Crawford, Dealer Principal of Peoria Kia, has been awarded the 2008 F&I Pacesetter’s Award from F&I Management and Technology Magazine. Mr. Crawford’s nomination was put forth by the Automotive Dealership Institute, which has trained several members of Peoria Kia’s F&I Managers. Of the more than 26,000 considered for the prestigious award, only five were selected.
“We work with hundreds of dealerships around the country, and we considered many of them when it came time to choose our nominee,” reports Alan Algan, Executive Director and CEO of the Automotive Dealership Institute, “but Michael Crawford has transformed Peoria Kia into a textbook example of a perfect dealership: ethical, respectful of every customer, and incredibly successful.”
GMAC Insurance has selected the Automotive Dealership Institute’s Dean of Education Arzu Algan to contribute to it’s Front-End Operation Supplement. In this Supplement GMAC features it’s plans for the upcoming year as well as addresses tips on how to improve Front-End operations.
Dean Algan’s article focuses primarily on helping eliminate the disconnect between the Sales team and the F&I department. She includes specific tips on how to transition the customers as well as methods to optimize the work flow between the two departments.
These articles were first featured on ADI’s F&I Tips blog in a three part series:
- F&I Desk Integration Part 1: Working with the Sales Department
- F&I Desk Integration Part 2: Transition Approaches
- F&I Desk Integration Part 3: Cooperation
You can also download this article specifically from the GMAC Front-End Operation Supplement Here