Jim Fitzpatrick and Alan Haig discuss how valuing a dealership today versus three years ago has dramatically changed and how valuing dealerships will continue to evolve. Alan also shares the accuracy of dealership valuations Haig Partners provided as compared to what the market dictated in the past two years.
Dealership valuations leading up to 2019 were "relatively easy," but as the pandemic hit, buy-sell activity slowed until it came back at a raging pace. Dealership profits more than tripled in the last year, but what will the next 12 months look like?
Listen in to the full discussion here [may require a subscription].
Dealers who are wondering what your dealership might be worth, or what trends are impacting dealership values, contact us to have a confidential conversation.
