Parts & service, along with used cars, helps push franchised dealer profits, optimistic valuations
Erin Kerrigan of Kerrigan Advisors. File photo provided by company.
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Monday, Oct. 21, 2019, 03:10 PM
Joe Overby, Senior Editor
CARY, N.C. -
The service and parts piece of the franchised auto-dealer business, along with other high-margin segments like used cars and F&I, is driving profitability for these stores. And that is helping push optimism among both dealers and investors in the future value of franchised dealerships. That’s according to Kerrigan Advisors, a sell-side adviser to dealers that […]