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Automotive Finance Jobs in Rio Rancho, NM (NOW HIRING)

Melloy Chevrolet

Automotive Sales Manager

Los Lunas, NM · On-site

Automotive Sales Manager - Melloy Chevrolet (Los Lunas, NM) Melloy Auto Group is a family-owned ... Work closely with finance to maximize profitability without sacrificing customer trust * Manage CRM ...

Melloy Chevrolet

Automotive Sales Manager

Los Lunas, NM · On-site

Automotive Sales Manager - Melloy Chevrolet (Los Lunas, NM) Melloy Auto Group is a family-owned ... Work closely with finance to maximize profitability without sacrificing customer trust * Manage CRM ...

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Showing results 1-20

All JobsAutomotive Finance JobsAutomotive Finance Jobs in Rio Rancho, NM

Automotive Finance information

See Rio Rancho, NM salary details

$25.3K

$130.5K

$214.7K

How much do automotive finance jobs pay per year?

As of Jun 16, 2026, the average yearly pay for automotive finance in Rio Rancho, NM is $130,458.00, according to ZipRecruiter salary data. Most workers in this role earn between $96,100.00 and $156,900.00 per year, depending on experience, location, and employer.

How to work in the finance department at a car dealership?

To work in the automotive finance department, candidates typically need a high school diploma or equivalent, with some roles preferring a bachelor's degree in finance, business, or a related field. Key skills include strong communication, customer service, and knowledge of financing options and credit reports; familiarity with dealership management software is also beneficial. Entry-level positions often require on-the-job training, and certifications such as the Certified Automotive Finance Manager (CAFM) can enhance career prospects.

What is the difference between Automotive Finance vs Automotive Sales?

AspectAutomotive FinanceAutomotive Sales
Required CredentialsHigh school diploma; some roles may require finance or banking certificationsHigh school diploma; sales experience often preferred
Work EnvironmentOffice setting, dealership finance departmentsShowroom, dealership floor, customer-facing
Employer & Industry UsageFinancial institutions, dealerships, banksCar dealerships, retail automotive industry
Common Search & ComparisonAutomotive Finance vs Automotive Sales

Automotive finance professionals focus on securing loans and financing options for customers, working behind the scenes in finance departments. In contrast, automotive sales staff interact directly with customers to sell vehicles. Both roles are essential in the automotive industry but differ in responsibilities, work environment, and skill sets.

What are the key skills and qualifications needed to thrive in Automotive Finance, and why are they important?

To thrive in Automotive Finance, strong analytical skills, attention to detail, and a background in finance, accounting, or business are typically required, often supported by a relevant degree. Familiarity with industry-specific software (such as Dealertrack or RouteOne), financial modeling tools, and regulatory compliance systems is essential. Excellent communication, negotiation, and customer service skills help professionals build relationships and facilitate successful financing deals. These competencies ensure accurate financial analysis, regulatory compliance, and customer satisfaction in a highly competitive industry.

What is automotive finance?

Automotive finance refers to the various financial products and services that enable individuals or businesses to purchase or lease vehicles. This often includes car loans, leases, and financing plans offered by banks, credit unions, or dealership finance arms. Automotive finance professionals help customers understand their financing options, calculate payments, and complete the necessary paperwork. They also assess creditworthiness and work with lenders to secure approvals. The goal is to make vehicle ownership accessible and manageable for a wide range of customers.

How are F&I manager's paid?

F&I managers in automotive finance are typically paid through a combination of a base salary and commissions based on the profit generated from financing and insurance products they sell. Their compensation often depends on dealership policies, sales performance, and the volume of deals closed, with some earning significant bonuses for meeting targets.

Which automotive jobs pay the most?

In the automotive industry, roles such as automotive service managers, dealership general managers, and automotive engineers tend to have the highest salaries. These positions often require specialized skills, certifications, and experience, and may involve overseeing operations, technical expertise, or management responsibilities.

What are some common challenges faced in automotive finance roles, and how can I prepare for them?

Professionals in automotive finance often encounter challenges such as navigating complex loan approval processes, staying updated with changing lending regulations, and effectively communicating financing options to customers with varying credit profiles. To prepare, it's helpful to develop strong analytical skills, stay informed about industry trends, and build solid relationships with both lenders and customers. Additionally, being proactive in learning dealership software and compliance procedures can make the transition into the role smoother and set you up for long-term success.

How hard is it to be an F&I manager?

Being an F&I (Finance and Insurance) manager requires strong sales, negotiation, and customer service skills, as well as knowledge of financing options and compliance regulations. Success often depends on experience, product knowledge, and the ability to build trust with customers, with many managers gaining certifications to enhance their expertise.
What are the most commonly searched types of Automotive Finance jobs in Rio Rancho, NM? The most popular types of Automotive Finance jobs in Rio Rancho, NM are:
What job categories do people searching Automotive Finance jobs in Rio Rancho, NM look for? The top searched job categories for Automotive Finance jobs in Rio Rancho, NM are:
What cities near Rio Rancho, NM are hiring for Automotive Finance jobs? Cities near Rio Rancho, NM with the most Automotive Finance job openings:
Automotive Finance jobs near you
Automotive Service Advisor - Lexus of Albuquerque

Automotive Service Advisor - Lexus of Albuquerque

Group 1 Automotive, Inc.

Albuquerque, NM • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 4 days ago

Group 1 Automotive rating

6.6

Company rating: 6.6 out of 10

Based on 56 frontline employees who took The Breakroom Quiz

76th of 142 rated car dealerships

Job description

Group 1 Automotive, Inc. (NYSE: GPI) is a Fortune 250leader in global automotive retail, operating more than 250 dealerships and collision centers across the United States and United Kingdom. As the 4th largest dealership group in the U.S., Group 1 delivers a fully integrated automotive experience, including vehicle sales, financing, aftersales service, and digital retail solutions. As the automotive industry continues to evolve, Group 1 is investing in the people, technology, and operational excellence needed to shape what comes next. Our work is grounded in a simple belief, that a better experience for customers starts with an exemplary experience for employees.
At Group 1, our commitment is to keep finding smarter ways to serve our customers and support one another. We believe great careers are built in environments where people are trusted, challenged, and given room to grow. If you share our core values of integrity, transparency, professionalism, teamwork, and respect, you can get more with Group 1. More opportunity. More support. More ways to build a career that moves you forward.

SALARY & BONUS OPPORTUNITIES

Lexus Albuquerque is part of the fast growing Group 1 Automotive, a leader in automotive retail sales and service.

We are growing and looking for Quality Automotive Service Advisors to work with our Quality Dealership representing a Quality Product! Our Service Advisor should be passionate about customer service and enjoy interacting with people throughout the working day.

We offer...

  • Salary Based Pay Plan, Plus Bonuses
  • A Great Working Environment
  • A Structured, Self-Paced Career Path Leading to Management Opportunities
  • Service Advisor University – Paid for by Group 1 Automotive
  • Health, Dental & Vision Insurance
  • Life & Disability Insurance
  • 401(k) with Company Match
  • Paid Time off
  • Employee Vehicle Purchase Program
  • Employee Stock Purchase Plan
  • Pinnacle Awards Program

You need…

  • Customer Service Experience is a Plus.
  • Positive & Friendly Attitude
  • Interpersonal Communication Skills
  • Basic Computer Skills
  • Strong Desire to Provide an Exceptional Client Experience
  • Ability to Achieve Targeted Goals
  • High School Diploma or Equivalent
  • Must have a Valid Driver’s License    

Group 1 is a Fortune 500 company that owns and operates automotive dealerships and collision centers in the United States, United Kingdom and Brazil. We offer our associates a team environment, great benefits and ongoing training and support. If you are in alignment with our values of integrity, transparency, professionalism and teamwork - now might be the time for you to accelerate your career as part of the best company in automotive retail. Apply today or refer a qualified friend!

To learn more about Group 1 Automotive, visit https://youtu.be/U25BeN6StoQ

*All applicants must pass pre-employment testing to include: background checks, MVR, and drug testing in order to qualify for employment*

    

Group 1 Automotive is an Equal Employment Opportunity employer.


We are an Equal Opportunity Employer and do not discriminate based on race, color, religion, sex, national origin, age, disability, or any other protected status. Employment may be contingent upon successful completion of a background check and/or drug screening.

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