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How dealers can transform the F&I department via the right mindset – Cory Collins

Your mindset at the start of the day can shape your performance and the overall success of your team. On today’s episode of Inside Automotive, we’re discussing the importance of having the right mindset, specifically in the F&I department. Joining us now is Cory Collins, Speaker and National F&I Trainer for Automotive Reinsurance Concepts

Key Takeaways

1. Collins emphasizes how the mood and attitude of the F&I manager can influence every department within the dealership. A negative mindset can spread like wildfire, affecting sales, service, and, ultimately, customer satisfaction.

2. Additionally, Collins insists that the F&I office must adopt a positive and proactive mindset from the moment the day begins. This attitude sets the tone for interactions with salespeople, managers, and customers, leading to more successful transactions and a better dealership environment.

3. Managing stress and maintaining a positive outlook, even under pressure, is crucial. Collins discusses how F&I managers must recognize their emotional impact on others, including how their interactions with lenders can affect deal outcomes.

4. According to Collins, the F&I department’s attitude is central to establishing a positive culture within the dealership. A positive environment where salespeople feel supported and motivated can lead to better customer experiences and higher profitability.

5. Nevertheless, Collins highlights the importance of approaching each day with gratitude and a positive outlook. He encourages F&I managers to view every customer interaction as an opportunity to improve and make a difference, ultimately leading to a more successful and fulfilling career.

difference, ultimately leading to a more successful and fulfilling career. "People look at you and make decisions based on your body language and facial expressions. If you don't realize that, it's too late by the time you do. Every day is a new opportunity to change your perspective and get back on track." – Cory Collins

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Jaelyn Campbell
Jaelyn Campbell
Jaelyn Campbell is a staff writer/reporter for CBT News. She is a recent honors cum laude graduate with a BFA in Mass Media from Valdosta State University. Jaelyn is an enthusiastic creator with more than four years of experience in corporate communications, editing, broadcasting, and writing. Her articles in The Spectator, her hometown newspaper, changed how people perceive virtual reality. She connects her readers to the facts while providing them a voice to understand the challenges of being an entrepreneur in the digital world.

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