A qualified finance manager can be a really great asset to any dealership. There are many reasons to choose a finance manager. These reasons are outlined below.
Finance manager training is fairly extensive and very specific. So if you find yourself in need of a career change or want to be a salesperson, there is a strong chance that this career path can work for you.
Most car dealerships don't offer training. They hire their own salespeople to teach them how to sell cars. If you aren't used to dealing with sales people or aren't comfortable dealing with other business people, then it might be a good idea to consider joining a finance department.
Most car dealerships offer lousy training programs. It's hard to do any serious training if you have no real experience in the field. Even though a dealership may pay to have your car bought, they probably won't cover the costs of getting you trained in the things you need to know to be a finance manager.
The finance department is usually smaller than the normal business. Most dealerships have a sales department that focuses on selling cars. Not only do you need to sell cars, but you have to be able to answer customer questions, be able to handle negotiating and other money-related problems.
You may not think you're good at money, but when you become a finance manager, your boss will likely recognize that you're an ace negotiator. It will become one of your best assets. In fact, most finance managers who have gone through car dealer training have been quite successful in that department.
Another reason to consider finance manager training is because most of the trainings focus on money. You learn about how the economy affects your company, the value of your vehicles, how the auto industry works and how you should be handling situations when you do buy cars. These classes also teach you about the various lending options that are available to you.
Some of the lessons may also include lessons on how to operate your vehicles so that you know how to fix them should something go wrong. That's a huge benefit. There are also classes on how to maintain your vehicles and who you should work with if you own a car dealership. Your car dealer training is the best training program to take because it will cover all of the areas you'll need to know.
Your finance manager should be really happy with the money skills he develops as a result of his car dealer training. He'll be familiar with all of the tricks of the trade and he'll be ready to handle all types of financing. He'll also have developed a great sense of negotiating and financial management skills.
You may think you're going to be happier as a dealer than as a finance manager, but it's important to remember that your car dealership isn't just about making money. You have to be good at everything, including having a good attitude and customer service. Those are two of the most important qualities that dealerships need.
If you have to constantly be on the phone, you can't help but be a bad customer service representative. You can also end up being the first to call the customer or the last to speak to the customer. If you don't have time to talk to the customer, then you can't sell cars.
There are many reasons to consider finance manager car dealer training. If you don't like the salesperson approach and would like to have more responsibility for a lower salary, then take the trainingsoffered. Then you can be the leader and give the company a boost by leading it into a new direction.