Finance & Insurance
In the last few years, dealers have faced reduced new and used vehicle grosses, increased regulatory pressure on the F&I department, limited customer advances from lenders, and strong competition outside the dealership for the customer service and parts dollars. The products you're selling are already backed; why not keep some of that money for yourself?
Ownership in a reinsurance company allows dealers the opportunity to increase their income from the sale of F&I-related products through participation in the underwriting profit and investment income.
Continental-National has a depth of knowledge and experience in the formation and management of controlled foreign corporations (CFC) and non-controlled foreign corporations (NCFC). We understand the issues affecting the products, such as vehicle service contracts, GAP, maintenance programs, limited warranties, and various other products. We also have the resources to address all regulatory and tax issues.
Our objective is simple. Always do what's necessary to facilitate the dealer's short-term and long-term financial objectives.
Access technology built for your business with partners who understand your challenges, your appreciation for efficiency, and your financial goals.
It's not all about the products. Learn to sell them, master the presentation, and stay compliant! We always put the Dealer First!
Increase F&I Revenue. Customize product offerings to maximize profit potential.
Increase Legal and Regulatory Compliance. Avoid the vulnerabilities and the litigators!
Increase Customer Retention & Service Absorption. Sales sells the car first. Service sells the rest.
Increase appraisal close ratio, reduce aged inventory risk, and cut auction fees to increase your bottom line.