We monitor seven (7) key elements of the transaction:
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F&I Manager Integrity, Ethics and Compliance
Determine if F&I Managers are operating within acceptable standards of integrity, ethics and compliance - Menu Presentations
Analyze the F&I menu presentation techniques compared to industry best practices and track the presentation of offering every
product to every customer every time - Proper Disclosures
Monitor that the F&I Manager is making proper disclosures - Conflicting Verbal Promises
Listen for verbal promises contrary to written commitments - Deceptive Trade Practices
Check for potentially deceptive trade practices such as product bundling or stuffing, payment packing, predatory discrimination and
other bank fraud - Truth in Lending Disclosures
Confirm compliance with certain Truth in Lending disclosure requirements - Potential Dealer/Lender Relation Issues
Detect potential issues that would harm the relationship between the dealer and the lender such as credit card down payments,
power booking, and straw purchases
gvo3 & Associates has arrangements with a number of companies that offer the F&I video recording tools, software and technology to
get started.
Company
|
Product
|
Phone Number
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SmartEye
|
800-346-6469
|
|
Intravision
|
877-393-4634
|
|
AutoSight
|
770-521-4366
|