TSLA357.8103%
GM78.1701.17%
F12.1000.0401%
RIVN14.838-0.102%
CYD32.0301.0001%
HMC31.6250.025%
TM183.020-0.08%
CVNA62.6350.095%
PAG203.0002.66%
LAD299.6657.835%
AN166.5859.145%
GPI250.1759.735%
ABG176.5704.27%
SAH63.3703.02%
TSLA357.8103%
GM78.1701.17%
F12.1000.0401%
RIVN14.838-0.102%
CYD32.0301.0001%
HMC31.6250.025%
TM183.020-0.08%
CVNA62.6350.095%
PAG203.0002.66%
LAD299.6657.835%
AN166.5859.145%
GPI250.1759.735%
ABG176.5704.27%
SAH63.3703.02%
TSLA357.8103%
GM78.1701.17%
F12.1000.0401%
RIVN14.838-0.102%
CYD32.0301.0001%
HMC31.6250.025%
TM183.020-0.08%
CVNA62.6350.095%
PAG203.0002.66%
LAD299.6657.835%
AN166.5859.145%
GPI250.1759.735%
ABG176.5704.27%
SAH63.3703.02%

How to engage more effectively with consumers and build trust during transactions

In the latest episode of F&I Today, Lloyd Trushel joins Jim Fitzpatrick to discuss the latest F&I trends across the industry. Trushel is an F&I coach, co-Founder of Consator Group, and author of “The Art of F&I.” 

Trushel begins the conversation by diving into the current state of F&I departments. He says that there is currently a scramble for F&I managers to get products in front of customers. In the era of COVID-19, many managers are finding success using tools such as Zoom to get in front of customers. Meanwhile, other F&I departments are going back to the basics of how to interact with customers. 

Trushel then goes into the growth of digital retailing. He believes that success can be found in the digital space, and he references Carvana as a prime example of putting products in front of customers on a digital platform. Trushel says the biggest challenge facing F&I today is the transaction model, in which many want to push towards a digital-only route. Trushel argues that managers should be careful of trying too hard to get customers in and out as quickly as possible. Instead, managers should focus on creating an experience for the customer instead of creating a transaction for the customer. This will help customers see what products are being offered and how those products can improve their experience. 

Trushel then looks ahead to 2021 and what F&I managers can expect in the new year. He says that managers must engage in the behaviors that build trust with the transaction. Customer trust is the foundation of Trushel’s book, The Art of F&I. In his book, Trushel elaborates on how to build trust with customers and reintroduce them to the spirit of nobility. 

Trushel concludes the discussion by sharing his thoughts on consumer buying habits. He says that customers are hesitant to show trust in anyone as the cloud of COVID-19 looms large over business activity. This makes it even more critical for managers to build trust by any means necessary.

Trushel says, “Trust is the most valuable currency in the world.”


Did you enjoy this episode of F&I Today with Lloyd Trushel? Please share your thoughts, comments, or questions regarding this topic with host Jim Fitzpatrick at jfitzpatrick@cbtnews.com.

Be sure to follow us on Facebook and Twitter to stay up to date or catch-up on all of our podcasts on demand.

While you’re here, don’t forget to subscribe to our email newsletter for all the latest auto industry news from CBT News.

More from F&I
72% of F&I offices use 4 or more software systems, CDK study finds

72% of F&I offices use 4 or more software systems, CDK study finds

- September 22, 2026
On the Dash: 72% of F&I offices use four or more software solutions, creating opportunities for workflow disruptions and duplicate work. Integrated systems can reduce manual data entry and errors...
What the Fed's rate hike means for car buyers and your F&I office

What the Fed’s rate hike means for car buyers and your F&I office

- September 17, 2026
On the Dash: The Fed raised rates a quarter point to 3.75% to 4%, its first hike since 2023. Most Fed officials project at least one more rate increase before...
How Sam Sweis drives dealership growth through used cars, team development

How Sam Sweis drives dealership growth through used cars, team development

- September 1, 2026
On today's episode of Training Camp, Adam Marburger sat down with Sweis Motorsports Dealer Principal Sam Sweis about the core operating principles driving his growth. Sam Sweis entered the auto industry...
Simplifying dealership payment processing & boosting EBITDA 

Simplifying dealership payment processing & boosting EBITDA 

- August 19, 2026
While most automotive dealers focus heavily on front-end car sales and repair order volumes to drive growth, payment processing and financial workflow management present a massive, often overlooked opportunity to...
CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.