The weeks between Thanksgiving and Christmas are extremely important to annual sales in many industries, including automotive sales. Potential customers are buying in greater numbers than in the rest of the year, giving car dealerships a larger audience to market to. The holiday shopping crowd is also in “buying mode,” ready to purchase items not … Read more
Almost every financial organization has an exercise department. Their names are as varied as the problem loan administrations; Central Credit Department; Or the Department of Special Assets. A dealer may be assigned to one of these specialized departments, or a member of the department may begin attending meetings with the dealer’s regular bank official. Courts … Read more
Blue Sky is the intrinsic value of an automobile dealership, which exceeds the value of its tangible assets. This sometimes equates to the goodwill of a car dealership. Most articles about the blue sky value of new car dealerships cite several earning formulas, such as three times earnings, four times earnings, and so on. The … Read more