What if I Don’t Want to Spend the Rest of My Career in the Car Business?
- You don’t have to. You will gain experience and skills that are transferable to many other industries. After successfully being a sales associate and F&I Manager in the automotive industry; you have prepared yourself for a variety of other career opportunities outside of the automotive retail environment that can pay six figure annual incomes.
- Those career opportunities include careers in lending with banks and finance companies or being a corporate sales representative for a public or private company who may do business with automotive manufacturers, retailers, or lenders.
- Companies who employ these qualified individuals include:
- Automotive recruitment companies like Dynamic Sales Careers
- Automotive and lending industry training companies like College of Automotive Management
- Automotive computer or software companies like Advent Resources and Reynolds and Reynolds
- Credit bureau companies like Credco
- Companies that provide insurance products and after-market products like JM&A and Western General
- Banks, finance companies and credit unions.
- Incomes can often exceed six figures for these types of positions and these types of companies generally offer excellent compensation as well as benefit packages for their employees.
- There is a variety of different companies offering career opportunities that pay over six figures who would consider a successful F&I Manager with sales experience as a perfect candidate due to their working knowledge and understanding of the retail auto industry especially if they have other skills like writing, organizational management, and professional presentation skills.
- If you see yourself spending the next 12 to 30 months earning average or above average incomes in the industry, which is $49,582 to $110,659 per year per the Career Voyages website, then you may be able to also have 100% of any training you pay for reimbursed by your employer. So in essence, you can also get a free education you can take with you anywhere you want to go.
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