Line 5 Introduces a New Independent Dealer Program
Line 5 Introduces a New Independent Dealer Program, the new way to finance F&I products and avoid chargebacks with no fee.

Line 5 Introduces a New Independent Dealer Program, the new way to finance F&I products and Avoid Chargebacks with no fee.
Image by mohamed Hassan from Pixabay
FLORIDA – Line 5, a Florida based indirect lender specializing in financing of vehicle service contracts (VSC), and ancillary F&I products begins offering up a new independent dealership program across the United States. This program is a unique and revolutionary idea from the company, financing all cancellable F & I, and ancillary products; they are the first to implement this type of program for dealers in the automotive, RV, marine and power sports industry.
Line 5 is an excellent company, and I'm very grateful for the services they offer.
The new independent program allows dealerships to sign up and sell back end products without chargebacks. With only a small down payment, no fees charged to the dealer, up to 84 months financing terms, the new program is a win-win for the dealership. Line 5 offers every customer the opportunity to purchase F&I products such as a vehicle service contract (VSC) from dealers irrespective of their credit ratings, at a budget-friendly monthly payment. This makes the whole purchasing experience as smooth as possible, increasing the rate at which dealers can sell multiple protection plans.
The program enables a dealership to sell a VSC and other products with no fee. Line 5 sends the cost of the product directly to the administrator. This assures the consumer has their products activated and ready for use, without the dealer paying out of his/her pocket to activate the products. The dealer receives his monthly profits as the customer’s payments comes in.
The company has been privileged to work with finance managers to help finance their F&I products, here is what a business Manager said about his experience with them, "Line 5 is an excellent company, and I'm very grateful for the services they offer. They have the best terms for warranty." Michael P.
The firm does all the heavy lifting, processes the deals fast and efficiently by utilizing e-rating, e-contracts (in partnership with F&I express and P.E.N), e-signature and e-funding. This helps eliminate any mistakes that might occur during the customer’s sign up process. In the case of cancellations, the administrator pays Line 5 back the pro-rata left on the contract, Line\5 handles all cancellation refunds and alerts the dealership as to when the profit payout with cease.
This means all profits made using this program are fully earned by the dealership, with no chargebacks. Dealerships can rest assured that they do not have to worry about processing a cancellation, or budgeting for the refunds due back to the customer or lien holder.
For more information about Line\5 and how to be part of their new independent dealership program visit www.line5.com.
Read: Black Book Used Vehicle Retention Increases In February
More Dealer Ops

Ladies and Gentlemen, This Is a Dealership: Why the Fundamentals Still Decide Who Wins
A teaching moment by a legendary football coach happens to apply perfectly in the auto retail space. Learn what it is and how to use it to your store’s advantage.
Read More →
Timing the Market Can Hurt Long-Term Program Performance
For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.
Read More →
Dealer Ads and the FTC
The agency has made it clear in recent enforcement actions and warnings, in auto retail and other industries, that advertised prices must include all nonoptional costs to the consumer.
Read More →
Used Autos Supply Dwindles
The March shopping surge, despite high prices, cut into inventory by the most since the thick of the pandemic, Cox Automotive analysts calculated.
Read More →
Managing Risk Effectively Through Changing Times
The variables influencing risk pricing have changed significantly over the past five years. Being proactive and responsive to emerging trends is not optional but essential.
Read More →
Survey Reveals What Won't Fix What's Breaking Car Sales
AutoPayPlus says extra-long auto loans are trapping consumers and threatening the dealer trade-in cycle, and that the industry is leveraging the wrong tools to combat high MSRPs.
Read More →
IA American Appoints Two Execs
Senior vice presidents of the company's agent and dealer channels chosen to support general agents and help auto dealers with sales and performance.
Read More →
Cox Automotive Acquires Inspection Firm
Full ownership of Alliance Inspection Management, or AiM, meant to unlock growth for Manheim inspection capabilities
Read More →
Assurant Expands Partnership With Holman
Extended collaboration delivers training, products and performance development to 30 newly acquired Holman dealerships
Read More →
Franchises, Throughput Down in First Half
A handful of states see franchise growth through June, while EV sales per store boost overall business in U.S.
Read More →