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Crystal Hartwell's Blog – September 2021 Archive (3)

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Record Profits, Cash Flow and Demand Drove Historic Valuations and Transactions in Q2 Auto Dealership Buy/Sell Market

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…

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Added by Crystal Hartwell on September 20, 2021 at 10:17am — No Comments

CULA Expansion Continues: Launches in Utah with University Federal Credit Union Leasing Program

UFCU partners with CULA to become the only Utah-based credit union to offer the affordability and flexibility of vehicle leasing to members

SAN DIEGO, AND SALT LAKE CITY…

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Added by Crystal Hartwell on September 14, 2021 at 11:44am — No Comments

Kerrigan Advisors Represents Earnhardt Auto Centers in Sale of Two Phoenix Area Dealerships

Sale of Earnhardt Kia and Rodeo Hyundai marks 11th 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…

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Added by Crystal Hartwell on September 2, 2021 at 2:03pm — No Comments

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