Lithia is in a buying mood. It has opened a line of credit and raised $400 million, some of which could go towards acquisitions, its CFO told the Wall Street Journal. On the one hand, that means the buy sell market in 2020 may be fairly healthy. On the other hand, it seems consolidation will continue.
In this week’s issue, a new contributor, Richard Rodgers of Dannah Investments Group, discusses strategies for reducing your capital gains tax burden if you sell you dealership. He zeros in on a Deferred Sales Trust as an excellent way to do so. Find out more by reading his column.
Also this week, James Mitchell of Cushman & Wakefield discusses the advantages of a Purchase Option when you negotiate you lease contract. Read his column to learn more.
And of course we have Transaction News.