Key Takeaways

• F&I stands for Finance and Insurance, a critical department within auto dealerships.
• It is responsible for securing auto loans and offering insurance policies to customers.
• Effective F&I operations can significantly enhance dealership profitability through various financial services and products.
• Training and compliance are key to maximizing the effectiveness and profitability of the F&I department.

What does F&I mean for auto dealerships, and why is it important?