Report shows dealership profits, values still far above pre-COVID levels

Report shows dealership profits, values still far above pre-COVID levels

While dealership buy-sell transactions were down for the third year in a row, the market had one of its most active years ever in 2024, according to the latest data from Haig Partners. The buy-sell advisory firm’s Q4 2024 Haig Report also found dealership profits remained elevated, while blue sky values dipped but still topped $20 million. The report showed last year was the fourth-busiest in auto retail M&A history, with 510 rooftops changing h…