Nancy Phillips Associates is pleased to announce the sale of Audi Rutland, Rutland Volkswagen and Rutland Dodge-Ram to Barry and Patrick Lundgren of the Lundgren Automotive Group.
Nancy Phillips Associates has spearheaded multiple transactions for Lundgren Automotive Group whose holdi...
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...
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 ...
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...
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...
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...
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.
