Blog categorized as Useful Information
The Phillips Report - July 2022
Nancy Phillips Associates is pleased to present The Phillips Report 2021. This report is the only publication that specifically speaks to auto dealership transaction values, trends, and trajectories in the New England and Greater New York market areas.
For the second year in a row, our industry...
Effective Planning Now Will Minimize Your Future Tax Increases
If Your Assets Exceed Federal Estate Tax Exemption
If the value of your dealership and other assets exceeds the federal estate tax exemption, you should immediately create a plan that will minimize your estate tax exposure and maximize what your heirs will retain after taxes.
If You ...
4 Reasons to Schedule Your Dealership Evaluation Today
As markets continue to change and adjust with the latest economic factors, many dealers revisit their exit strategies. With increased taxes on the horizon, industry consolidation, questionable futures, and at the same time higher dealership values, it's easy to see why owners are ret...
Testimonial - Johanna Cicotte, Nissan of Lebanon
David Rosenberg Acquires Tri-City Subaru and Tri-City Chrysler Dodge Jeep Ram
Nancy Phillips Associates is pleased to announce the sale of Tri-City Subaru and Tri-City Chrysler Dodge Jeep Ram in Somersworth, New Hampshire to David Rosenberg.
Tri-City Subaru and Tri-City Chrysler Dodge were started over 50 years ago by Rene Plante. Rene was one of the first Subar...
Johanna Cicotte Acquires Key Nissan of Lebanon
Newcastle Chrysler Dodge Jeep Ram Sold to Key Auto Group
Newport Chevrolet of Autosaver Group Sold to Key Auto Group
Moore GMC Truck in Danvers, MA Sold to Village Auto Group
Nancy Phillips Associates is pleased to announce the sale of Moore GMC Truck in Danvers, MA, owned by Bob and Elaine Moore sold to Ray Ciccolo, Owner of Village Automotive Group and his COO, Tony Bartolotti.
Moore GMC is one of the country's remaining standalone GMC dealerships as mentioned in t...
CARS for CASA 2020 Event
Should you stay or should you sell?
1. There are many very strong buyers out there whom are seeking acquisitions to strengthen their positions. 2. Despite market conditions, dealership values remain steady 3. There is an increased interest in secondary market locations.
- Current and future industry volatility
- Personal health concern...
Nancy Phillips Associates Announces the Sale of Denecker Chevrolet in Middlebury, VT
