Alan is featured on this CBT Automotive Newscast sharing the current state of dealership values and significant shifts in buy-sell activity since the start of the pandemic, including the massive increase in goodwill values.

Our count is at an average of $9M/rooftop, up 33% from pre-pandemic in 2019. It’s been a fantastic run for car dealers by the likes, which we’ve never seen with a considerable increase in dealership profits. Less inventory allows dealers to have more pricing power, and with this, margins have increased with used vehicles.