Experienced Financial Protectors
Automotive dealerships generally have large lots to display the vehicles currently in their inventory. The real estate required can be quite costly, particularly when factoring in property taxes in areas with high property values. Especially in cases where local...
Having enough competent and charismatic salespeople can profoundly influence the profit margins of an auto dealership. Salespeople help convert shoppers and leads into sales and revenue. Growing dealerships may need more staffing, and business leaders may need to hire...
Consumers often select specific automotive dealerships based on the brands they carry. Loyalty to salespeople or to owners of dealerships is less common than brand loyalty among drivers. Those starting new dealerships often go to great lengths to secure contracts with...
California motor vehicle dealerships have unique legal protections when it comes to manufacturers trying to add new franchise points in a specific market area. This action is known as an “add-point,” which can negatively affect the business interests of the...
When you're considering buying an auto dealership in Irvine, you're looking at a significant investment. Thorough due diligence is crucial to help you understand the dealership's true value and potential risks. Irvine's auto industry is very competitive and operates...
Being in the auto dealership industry presents unique benefits and challenges. For one thing, retail automobile dealers enjoyed up to $1.2 trillion in sales in 2023. However, being an auto dealer can also be difficult, especially with the rapidly changing legal...
Franchising and opening a new car dealership today can be challenging. Dealers must adapt to factors like supply chain disruptions and evolving customer expectations. They also face increased competition, which sometimes includes their vehicle manufacturer...
You no doubt put a lot of blood, sweat and tears into building a successful auto sales business in California. That last thing you need is for a disgruntled consumer to levy false accusations against your company, placing your personal and professional reputation at...
When a consumer buys a car in California, it is expected that the car is in good working order. Most car sales are completed without issue, leaving the dealership and the buyer feeling good about the transaction. However, when something does go wrong and the car has...
If you own or run a car dealership in California, you should be very familiar with California's Car Buyer's Bill of Rights, which affects the sale of all retail motor vehicles. It does so by requiring all licensed auto dealers in California to hand over a list of...
