Auto Dealership Buy/Sell Market Continued to Soar in Q3, with Record Valuations
Retrieved on:
Monday, December 14, 2020
With a flurry of mega dealer transactions, and high dealership earnings, blue sky values shot to unprecedented levels during the quarter.
Key Points:
- With a flurry of mega dealer transactions, and high dealership earnings, blue sky values shot to unprecedented levels during the quarter.
- As we predicted, there was no softening of this record-breaking market, said Erin Kerrigan, Founder and Managing Director of Kerrigan Advisors.
- The resilience of auto sales in the face of the pandemic continues to drive high valuations, said Ryan Kerrigan, managing director of Kerrigan Advisors.
- The Kerrigan Auto Retail Index is designed to track dealership valuation trends, while also providing key insights into factors influencing auto retail.