This year has started off with a bang. The year-to-date SAAR is 17.4 million units, well ahead of last year’s two-month SAAR of 16.5 million. Sales are expected to remain strong, but many are mindful of predictions that growth will slow next year.
The idea of a slowdown already seems to be trickling into the industry zeitgeist. In a recent report, Greystone Valuation Services Inc. finds some pessimism in the industry that dealership real estate valuations can be supported at current high levels for much longer. In this issue, I talk with Greystone’s Brad Carter about some signs the real estate market may be feeling the blues.
If you are planning to sell your dealership, you should already be assembling a team of experts to ensure you get the best price. That includes more than just a lawyer or CPA, though they are key players. In this issue, MBAF’s Ira Silver reveals the traits to look for in your M&A dream team.
And of course we have Transaction News.
Enjoy!
