Lithia Motors acquires dealerships in third largest Florida metro; Sale marks the 114th Kerrigan-led dealership sale since 2015, and 6th Florida sale in 13 months.
INCLINE VILLAGE, NV – February 9, 2021– Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented and advised Fields Auto Group, one of the largest dealership groups in the US, on its sale of Land Rover…
ContinueAdded by Crystal Hartwell on February 9, 2021 at 9:05am — No Comments
Auto dealerships using SureSale to power used vehicle sales achieve 20% lift in VDP views and marketplace leads
Santa Monica, CA – February 8, 2021 – SureSale, which helps auto dealers provide car buyers verification of vehicle quality and condition, has expanded its digital merchandising options to help auto dealers capitalize on their digital retail efforts and reach more used vehicle buyers online. Because SureSale’s…
ContinueAdded by Crystal Hartwell on February 8, 2021 at 9:24am — No Comments
A new eLEND Solutions report shows widespread acceleration of Digital Retail adoption (80%) due to the pandemic, continued implementation (90%), a shift in perception from lead generation (47%) to deal generation (53%) and promising data on PVR – but challenges with process implementation may reduce positive impact
Irvine, Calif., -- February 8, 2021 – A new report from digital financing innovator eLEND Solutions reveals how the COVID-19 pandemic has…
ContinueAdded by Crystal Hartwell on February 8, 2021 at 9:17am — No Comments
AAA Inspected, powered by SureSale, independently verifies pre-owned vehicles, so consumers can trust that the vehicle they are buying is a quality vehicle
Wilmington, DE & Santa Monica, CA -- February 1, 2021 – AAA Club Alliance, Inc. (“ACA”) and SureSale, the award-winning platform(1) for quality used vehicles, today announced the launch of AAA Inspected, powered by SureSale. AAA Inspected is a new…
ContinueAdded by Crystal Hartwell on February 1, 2021 at 10:08am — No Comments
After a volatile start to 2020, The Kerrigan Index out-performed the S&P and rose to all-time highs; all seven component companies hit record market capitalizations in 2020
INCLINE VILLAGE, NV – January 13, 2021 – Kerrigan Advisors, a leading sell-side advisory firm and thought leader to auto dealers in the U.S., has released The Kerrigan Index™ for December 2020/Year in Review. Comprised of the seven…
ContinueAdded by Crystal Hartwell on January 13, 2021 at 10:58am — No Comments
Southern California Credit Union expands leasing opportunities in the region
San Diego, CA – December 16, 2020 – Credit Union Leasing of America (CULA), the leader in indirect vehicle leasing for credit unions for over 30 years, has joined forces with SCE Federal Credit Union to offer SCE FCU members access to vehicle leasing.
SCE Federal Credit Union, which was…
ContinueAdded by Crystal Hartwell on December 16, 2020 at 10:55am — No Comments
2020 is on track to surpass 2015’s record transaction levels; mega dealer transactions on the rise, dealership earnings spike blue sky values, Toyota is most valuable non-luxury franchise, according to Third Quarter 2020 Blue Sky Report® by Kerrigan Advisors
Irvine, CA – December 14, 2020 – After rebounding dramatically in the second quarter of 2020, the auto…
ContinueAdded by Crystal Hartwell on December 14, 2020 at 11:36am — No Comments
Veteran of CarGurus, Edmunds, LotLinx and Chrome brings record of sales and product innovation success to SureSale’s mission of helping dealerships sell more used vehicles, faster
Los Angeles, CA – December 9th, 2020 – SureSale, the universal standard for pre-owned vehicle quality, today announced that automotive sales and product innovator, Sean Peoples, has joined the company as Vice President of Sales. Peoples, who held…
ContinueAdded by Crystal Hartwell on December 9, 2020 at 12:12pm — No Comments
Newly-released Kerrigan Dealer Survey shows that 33% expect an increase in their dealership valuation; 47% anticipate increase in buy/sell activity; Subaru and Toyota top valuation expectations
Incline Village, Nevada, November 23, 2020 – Automobile dealers are more optimistic about the valuation of their dealerships this year than last year, according to the newly-released, second annual Kerrigan Dealer Survey. The survey…
ContinueAdded by Crystal Hartwell on November 23, 2020 at 8:03am — No Comments
Sale of Mercedes-Benz, Sprinter, Porsche, Jaguar, Land Rover, Volvo and Acura dealerships highlights strong buyer demand in the mountain states; marks 111th Kerrigan-led dealership sale since 2015
Irvine, CA, November 19, 2020 – Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented and advised Lyle Pearson Auto Group of Boise, Idaho on its recent sale of five…
ContinueAdded by Crystal Hartwell on November 19, 2020 at 8:03am — No Comments
Lithia Motors acquires Sterling Motorcars luxury brand dealerships, including BMW, MINI, Rolls-Royce Motor Cars, Lamborghini and McLaren in the Washington DC market; marks 5th multi-dealership sale for Kerrigan Advisors in 2020
Incline Village, NV. November 18, 2020 – Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented and advised Northern Virginia-based Sterling Motorcars on its sale of…
ContinueAdded by Crystal Hartwell on November 18, 2020 at 9:14am — No Comments
Sale of Midtown Toyota in Chicago marks the 22nd Kerrigan Advisors-led transaction in Chicago since 2018
Incline Village, Nevada, November 12, 2020 – Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented and advised Illinois-based Resnick Auto Group on its recent sale of Midtown Toyota in Chicago to Michigan-based Victory Automotive Group. The transaction is the 11th Toyota…
ContinueAdded by Crystal Hartwell on November 12, 2020 at 9:08am — No Comments
Lithia Motors acquires nine Keyes Automotive Group dealerships in one of the industry’s largest transactions; 7th 'Top 150' Dealership Group sale for Kerrigan Advisors
Irvine, CA, November 10, 2020 – Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented and advised Los Angeles-based Keyes Automotive Group on its recent sale of nine dealerships to Lithia Motors, Inc. (NYSE: LAD). Keyes…
ContinueAdded by Crystal Hartwell on November 10, 2020 at 9:21am — No Comments
Sale of Continental Acura, Continental Audi and Continental Mazda dealerships highlights the strength of the buy/sell market, marks 93rd Kerrigan Advisors-led dealership sale since 2015
Irvine, CA, October 26, 2020 – Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented and advised Continental Motors of Naperville on its recent sale of Continental Acura, Continental Audi, and Continental…
ContinueAdded by Crystal Hartwell on October 26, 2020 at 11:21am — No Comments
Veteran of TrueCar, eBay Motors, Google, Autobytel/AutoWeb charged with further innovating and expanding SureSale’s platform for quality used vehicles
Los Angeles, CA – September 30, 2020 – SureSale, the award-winning platform for quality used vehicles, today announced that veteran automotive product innovator, Michael Rose, will join the company as Vice President of Product Development. Michael joins the company’s growing team as it focuses…
ContinueAdded by Crystal Hartwell on September 30, 2020 at 12:22pm — No Comments
High dealership earnings drive buy/sell market to boomerang back in Q2, with first half of 2020 surpassing 2019, according to The Blue Sky Report® by Kerrigan Advisors; very active buy/sell market predicted for second half of 2020
Irvine, CA –Sept 14, 2020 – The auto dealership buy/sell market rebounded dramatically in the second quarter of 2020, driving the first half of 2020 to surpass the first half of 2019, in spite of declines in Q1…
ContinueAdded by Crystal Hartwell on September 14, 2020 at 11:50am — No Comments
Agreement between leading vehicle certification company and leading audio entertainment company adds additional value and incentive to customers of independent and franchised dealers who offer SureSale vehicles
Los Angeles, CA – August 10, 2020 – SureSale, the award-winning, gold standard for quality used vehicles, today announced that it has teamed up with SiriusXM to offer a complimentary 3-month subscription* to SiriusXM’s top-tier All Access…
ContinueAdded by Crystal Hartwell on August 10, 2020 at 11:13am — No Comments
According to The Blue Sky Report® by Kerrigan Advisors, the pandemic’s impact on the first and second quarter will not result in dramatic changes to blue sky values, with a buy/sell rebound projected in the second half
Irvine, CA – June 8, 2020 – The 2020 auto dealership buy/sell market declined in the first quarter, falling 9.3% off 2019’s transactions pace as the COVID-19 pandemic took its toll on auto retail,…
ContinueAdded by Crystal Hartwell on June 8, 2020 at 8:13am — No Comments
Car buyers can instantly apply for financing directly from a dealer’s online store, finalizing transactions, including F&I, from the safety and comfort of their homes
Irvine, Calif., May 27, 2020 – Digital Motors®, which is revolutionizing the way car dealerships sell their vehicles online, today announced a strategic partnership with digital financing innovator…
ContinueAdded by Crystal Hartwell on May 27, 2020 at 10:40am — No Comments
Car buyers can instantly apply for financing directly from a dealer’s online store, finalizing transactions, including F&I, from the safety and comfort of their homes
Irvine, Calif., May 27, 2020 – Digital Motors®, which is revolutionizing the way car dealerships sell their vehicles online, today announced a strategic partnership with digital financing innovator…
ContinueAdded by Crystal Hartwell on May 27, 2020 at 10:40am — No Comments
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