USEA Adds Fourth Tier to F&I Manager Rewards Program
US Equity Advantage has released an updated version of its Quarterly Partner Rewards Program, adding a fourth tier designed to offer F&I professionals a new opportunity to earn bonuses.
ORLANDO, Fla. — US Equity Advantage introduced a 2.0 version of its Quarterly Partner Rewards Program for dealership F&I professionals. The program uses performance tiers to award bonuses based on enrollments in USEA’s AutoPayPlus service.
The new version adds an incremental “Proficient” tier between the “Intermediate” and “Advanced” tiers to create more opportunity for finance managers to advance to a higher tier and reward amount:
Intermediate: Minimum of 24 enrollments per quarter earns a $375 bonus.
Proficient: Minimum of 36 enrollments per quarter earns a $525 bonus.
Advanced: Minimum of 48 enrollments per quarter earns a $750 bonus.
Elite: 78 or more enrollments per quarter earns a $1,250 bonus.
“After evaluating our first-year results and looking at how F&I managers advanced in the program, we realized that the higher tier milestones were difficult for some to achieve, especially those who work at small dealerships or at dealerships in smaller markets,” explained USEA National Sales Manager Rick Christopher. “The addition of the Proficient tier offers a moderate gain that is more realistic for these partners to achieve.”
Originally posted on F&I and Showroom
More Industry
Ownership Priorities are Shifting
A new survey shows that in the U.S. vehicle quality for generation Z is largely defined by advanced safety features, intuitive technology and premium sound systems.
Read More →
Pump Price Jump Calculated
ISeeCars.com examined fuel costs for different power trains, finding which ones have experienced the biggest hits since the war in Iran commenced.
Read More →
Black Book: Weekly Market Update
Wholesale values fell last week despite the spring season still being in the traditional full-gear mode, analysts said.
Read More →
Arkansas Auto Group Acquires First Indiana Rooftop
Performance Brokerage Services represented both the buyer and seller in the sale of Carver Toyota of Columbus by Carlock Automotive Group.
Read More →
Stellantis to Dive Into U.S. Lending
The multinational maker of Chrysler, Dodge, Jeep, Ram and multiple other brands received conditional approvals for a Utah-based industrial bank.
Read More →
New-Vehicle Prices Rise
With April sales down, higher prices on in-demand large vehicles helped inflate the overall ATP, though increases were under long-term averages, Cox Automotive reported.
Read More →
Black Book: Weekly Market Update
Last week in the wholesale automotive market proved to be a mixed bag, analysts reported.
Read More →
Black Book: Weekly Market Update
Conversion rates were flat last week at 63%, Black Book analysts calculated, as low-mileage and almost-near units outpaced the overall market.
Read More →
EU Auto Association Urges Action
Trade relations between the European Union and the U.S. are at risk, causing the European Automobile Manufacturers Association to push lawmakers to make a decision.
Read More →
Driving into the Super CFC Era
Understanding the risks and benefits of retail accounting and Super CFCs can help you better present options to your dealer partners.
Read More →