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F&I Manager - Vernon Ford

Sonic Automotive
Posted 3 days ago, valid for 14 days
Location

Vernon, TX, US

Salary

$100,000 - $200,000 per year

Contract type

Full Time

Paid Time Off

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Sonic Summary

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  • Vernon Ford Sonic Automotive is seeking an F&I Manager with a minimum of 3+ years of experience in automotive finance and insurance management.
  • The role involves helping customers secure financing and maximizing dealership revenue through the sale of finance products and warranties.
  • The annual salary range for this position is between $100,000 and $200,000, depending on performance, with a compensation structure that includes a draw and uncapped commission.
  • Key responsibilities include presenting financing options, structuring deals for profitability, and ensuring compliance with regulatory guidelines.
  • The position offers full-time benefits such as medical, dental, and vision insurance, along with paid time off and opportunities for career growth.

Company Description

Vernon Ford Sonic Automotive is a multi-billion dollar Fortune 500 company and one of the largest automotive dealer groups in the country with 100+ dealerships nationwide across 25 brands.

Annual Salary Range:

 $100k-$200k Depending on Performance 

Compensation Draw / Uncapped Commission

 

Summary:

The F&I Manager responsible for helping customers secure financing while maximizing dealership revenue through the sale of finance products, warranties, and other add-ons.

**Minimum of 3+ years of experience in automotive finance and insurance (F&I) management.**

Job Description

Duties & Responsibilities:

  • Present financing options and aftermarket products to customers in a clear and transparent manner.
  • Structure deals for maximum profitability while ensuring compliance with all regulatory guidelines.
  • Sell finance and insurance products, extended warranties, maintenance plans, GAP insurance, and more to increase PVR.
  • Secure financing through lender partners, submit credit applications, and gain approvals efficiently.
  • Maintain high closing ratios and consistent PVR performance.
  • Accurately complete all required paperwork and ensure timely funding of deals.
  • Maintain detailed knowledge of manufacturer programs, rebates, and lender guidelines.
  • Provide exceptional customer service and follow-up to build long-term relationships and referrals.
  • Collaborate with the sales team to ensure seamless delivery and a positive customer experience.
  • Stay up-to-date with compliance standards, including state, federal, and dealership policies.

Qualifications

  • Minimum of 3+ years of experience in automotive finance and insurance (F&I) management.
  • Proven track record of exceeding PVR goals and product penetration benchmarks.
  • Strong understanding of finance laws, contracts, and compliance regulations.
  • Excellent communication, negotiation, and presentation skills.
  • All applicants must be authorized to work in the USA.
  • All applicants must be able to demonstrate ability to pass pre-employment testing to include background checks, MVR, drug test, and have a valid driver license.

Additional Information

Schedule:

  • FULL TIME
  • Sundays Always Off
  • Saturday Availability Required

Perks & Benefits:

  • Medical, Dental & Vision Insurance
  • 401(k) with Company Match
  • Paid Time Off that Grows with You
  • Sundays Always Off
  • Closed on Thanksgiving & Christmas
  • Employee Pricing on Purchases & Leases
  • Free & Discounted Gym Membership Options
  • Exclusive Travel Deals on Hotels, Rentals & Airfare
  • Career Growth in a Fortune 500 Company

 

All your information will be kept confidential in accordance with EEO guidelines

  • SHL Package: Sonic Sales Associate
  • Dealership: 581 - Vernon Ford
  • Compensation: USD 100000 - USD 200000 - yearly



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    By applying, a Sonic Automotive account will be created for you. Sonic Automotive's Privacy Policy and Terms & Conditions will apply.

    SonicJobs' Terms & Conditions and Privacy Policy also apply.