Positive momentum in auto retail and buy/sell market will continue in 2022, according to the recently-released 2021 Kerrigan Dealer Survey: 61% of dealerships expect an increase in their valuation, 79% expect profits to rise and 77% expect to acquire more dealerships over next 12 months

Incline Village, Nevada, November 29, 2021 – Auto dealers’ optimism about the valuation of their dealerships has doubled year-over-year, according to the…

A new eLEND Solutions report reveals that auto dealers are offering digital retailing a warm, but partial, embrace: nearly half have advanced their DR ‘end point’ since COVID lockdowns, but 64% end digital path-to-purchase before F&I

Irvine, Calif., – November 16, 2021 – A new report from automotive…

Priority 1 sale marks the 21^st group sale Kerrigan Advisors has represented since 2015

Incline Village, NV – November 11, 2021 – Kerrigan Advisors represented Baltimore, Maryland-based Priority 1 Automotive Group in its sale to AutoNation on November 8, 2021. The acquisition is one of the largest completed by AutoNation since 2018, and the largest on record in the Mid-Atlantic region. Kerrigan Advisors, which focuses exclusively…

Leader in indirect vehicle leasing for credit unions marks 100,000 active leases, worth nearly $3.8 billion, as credit union members increasingly opt for leasing’s flexibility and affordability 

San Diego, CA – November 10, 2021 – Credit Union Leasing of America (CULA), the leader in indirect leasing for credit unions, announced today that its portfolio has exceeded 100,000 active leases through its credit union…

AutoBuy’s innovative remarketing model and efficient, virtual appraisal process for consumers results in steady stream of fresh inventory for auto dealers, driving record growth: 180% sales growth, $2 billion in inventory appraised to date, and expansion into four more states

West Palm Beach, FL – November 1, 2021 - AutoBuy is delivering fresh, high-quality…

Auto dealership buy/sell market on path to most active year in history – 320 transactions June 2020 to June 2021 – as limited inventory and more efficient practices send dealership profits soaring 164%; historic access to capital fuels demand, and blue sky valuations tick up more than 40% from pre-COVID levels.

Incline Village, NV - September 20, 2021 – The auto dealership buy/sell market has hit yet another historic high, with 320…

Sale of Earnhardt Kia and Rodeo Hyundai marks 11^th Top 150 Dealership Group Kerrigan Advisors has advised since 2015

INCLINE VILLAGE, NV – September 2, 2021– Kerrigan Advisors represented Earnhardt Auto Centers in the sale of Earnhardt Kia in Phoenix, Arizona and Rodeo Hyundai in Surprise, Arizona to Ken Garff Automotive Group. These transactions are Ken Garff’s first dealership acquisitions in the Arizona market. A long-time…

 Florida dealership sold to Morgan Auto Group, marking the 121^st Kerrigan-led dealership sale since 2014

Incline Village, NV - August 23, 2021 – Kerrigan Advisors, a leading sell-side advisory firm and thought leader to auto dealers in the US, represented and advised Fuccillo Automotive Group in its sale of Fuccillo Nissan of Clearwater to Florida’s Morgan Auto Group. With this transaction,…

Transaction marks 119^th Kerrigan-led dealership sale since 2014

INCLINE VILLAGE, NV – July 28th, 2021– Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented owner Ron Bubar in the sale of Grand Junction Subaru and Grand Junction Volkswagen in Grand Junction, Colorado to Sonic Automotive (NYSE: SAH).

The transaction marks the 118th and 119th dealership sale that Kerrigan Advisors has…

 Leader in indirect vehicle leasing for credit unions posted its 9^th consecutive record month, with more leases processed in May and June than in any other months in its history

San Diego, CA – July 15, 2021– Credit Union Leasing of America (CULA) today announced that vehicle leasing through its credit union partners continues to gain momentum, after posting its 9^th consecutive month of record lease originations in June. After…

Transaction marks the 117th Kerrigan-led dealership sale since 2015

INCLINE VILLAGE, NV – June 22, 2021– Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented Lithia Motors (NYSE: LAD) in the sale of Audi Valencia to Ghreiwati Auto Group, owner of Surf City Nissan and Corona Nissan of Southern California.    

This transaction marks the 117th dealership that Kerrigan Advisors has advised…

A perfect, and unique, combination of market factors - record auto sales and grosses, soaring valuations, waning pandemic crisis and potential new tax laws - fueled acquisition activity to 66 completed transactions in Q1, and an unprecedented 300 completed over the past 12 month period, according to the First Quarter 2021 Blue Sky Report^® by Kerrigan Advisors

Incline Village, NV - June 21, 2021 – The auto…

 CULA caps record-setting start to year by powering vehicle leasing for Metro Credit Union, the only credit union to offer the benefits of vehicle leasing in New Hampshire

San Diego, CA and Chelsea, MA–June 17, 2021 – Credit Union Leasing of America (CULA) has further expanded its vehicle leasing footprint through its partnership with Metro Credit Union, which launched vehicle leasing in New Hampshire this month.…

Innovative re-targeting technology keeps more car shoppers moving down the purchase funnel

IRVINE, CA - June 8, 2021 - eLEND Solutions™ and Orbee are partnering to help transform auto dealership websites into powerful deal generators, by moving more online shoppers down the purchase funnel through intelligent re-engagement technologies. eLEND Solutions is an automotive FinTech company focused on providing a simplified vehicle purchase process for the…

InTouch Credit Union follows success of vehicle leasing program in Michigan with new Texas offering

San Diego, CA – April 20, 2021 – Credit Union Leasing of America (CULA) now offers vehicle leasing services in Texas through its partnership with InTouch Credit Union (ITCU). ITCU began offering leasing in its home state of Texas in the first quarter of 2021, closing…

The 2020 Annual Blue Sky Report^® by Kerrigan Advisors reveals a red-hot market, with blue sky values up 20% and over 100 transactions in the fourth quarter alone; Toyota’s blue sky multiples increase

Incline Village, NV, - March 22, 2021–The auto dealership buy/sell market set new records in 2020, despite starting the year with pandemic closures and lockdowns, and swept past 2015’s previous high-water…

Alliant opens up vehicle leasing to members in Pennsylvania

SAN DIEGO - March 11, 2021 - Credit Union Leasing of America (CULA), the leader in indirect vehicle leasing for credit unions for over 30 years, is helping power the expansion of Alliant Credit Union’s vehicle leasing program into Pennsylvania, completing their first leases in the…

 Two high-volume Florida dealerships sold to LMP Motors.    

Incline Village, NV, - March 8, 2021 – Kerrigan Advisors, a leading sell-side advisory firm and thought leader to auto dealers in the US, represented and advised Fuccillo Automotive Group, one of the largest private dealership groups in the nation, in its recent sale of Fuccillo Kia of Cape Coral and Fuccillo Kia of Port Charlotte in Southwest Florida to…

Maus Family Automotive adds SureSale to all pre-owned vehicles, increasing purchaser’s peace of mind

Tampa, FL & Santa Monica, CA –  February 22, 2021 –  Maus Family Automotive today announced that it has partnered with award-winning SureSale to offer the industry’s most comprehensive vehicle report on each of its pre-owned vehicles. SureSale offers consumers transparency and confidence in their used vehicle…