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NextGear Capital Offers Tips for Independent Dealer Success in 2024

AutoSuccessOnline

Be aware of how much credit you have — especially if you have multiple floorplan lenders — and stay away from hard money lenders who drain a dealer’s cash flow daily. NextGear Capital can help you close more deals and accept more trades while maintaining your cash reserves and keeping your focus on selling cars.

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Haig: Dealerships remain hot properties even as profits and values decline

Auto Remarketing

That included two record-setting sales, the report said. Al Hendrickson Toyota sold for the highest price ever paid for a dealership of any kind at the time, and Lake Norman Chrysler-Dodge-Jeep-RAM set the record for a Stellantis store, according to Haig Partners, which advised on both deals.