top of page

Building Trust Inside the Finance Office



When it comes to buying a car, the finance manager is often the last person a customer interacts with before driving off the lot. It is essential for the finance manager to build trust with the customer to ensure a positive experience and foster long-term relationships. Here are the steps a finance manager takes to build trust with a customer:

  1. Active Listening: One of the most crucial steps a finance manager can take to build trust with a customer is to actively listen to their concerns and questions. When customers feel heard and understood, they are more likely to trust the finance manager and the dealership as a whole.

  2. Transparency: A finance manager must be transparent with customers about the financing options available to them, including interest rates, fees, and other costs. Hiding information or being unclear about terms and conditions will only lead to mistrust and dissatisfaction in the long run.

  3. Education: The finance manager should educate the customer about the financing process and the terms of the loan. Customers may not fully understand the financial jargon, so the finance manager must explain everything in simple terms, which helps the customer to make an informed decision.

  4. Build a Relationship: Building a relationship with the customer can lead to a long-term connection, and the customer may return for future purchases. It is important for finance managers to take the time to get to know their customers, understand their needs, and build a rapport.

  5. Honesty: Honesty is the key to building trust. The finance manager should be honest about the vehicle’s condition, the loan terms, and any additional products or services offered. By being truthful, the customer is more likely to trust the finance manager and the dealership.

  6. Deliver on Promises: When a finance manager makes a promise to a customer, it is essential to deliver on that promise. This could be as simple as calling the customer back or providing a specific financing option. By keeping their word, finance managers can build trust and credibility with customers.

  7. Follow-Up: After the sale, finance managers should follow up with customers to ensure that they are satisfied with the financing process and their purchase. This can be a phone call or email asking if the customer has any further questions or concerns.

In conclusion, building trust with customers is a critical aspect of the finance manager's role. By actively listening, being transparent, educating the customer, building a relationship, being honest, delivering on promises, and following up after the sale, finance managers can create a positive customer experience and foster long-term relationships. A customer who trusts the finance manager and dealership is more likely to return for future purchases and recommend the dealership to others, which is good for business.

2 views0 comments

Recent Posts

See All
bottom of page