Car Dealerships Ford F-150 XLT in Ridgeland WI

Car Dealerships Ford F-150 XLT in Ridgeland WI

February 15, 2018
Posted by: solfa_admin

Blue Sky is the intrinsic value of an automobile dealership, over and above the value of its tangible assets. It is sometimes equated to the goodwill of a car dealership.

Most articles regarding the blue sky value of new car dealerships cite a multiple of earnings formula, such as three times earnings, four times earnings, and so forth. The idea that “blue-sky” can be determined by anything times anything is just plain wrong.

Even NADA the Car Dealerships in the Strangest Places Ford F-150 XLT Ridgeland WI 54763 National Automobile Dealers Association in its publication entitled “A Dealer Guide to Valuing an Automobile Dealership, NADA June 1995, Revised July 2000 bemuses, in part, with respect to valuing a dealership by using a multiple of earnings: A Rule of Thumb valuation is more properly referred to as a “greater fool theory.” “It is not valuation theory, however.”

In its Update 2004, NADA omitted its reference to “fool”, but referred to the multiple formula as Ford F-150 XLT Ridgeland WI 54763 rarely based upon sound economic or valuation theory, and went on to state: “If you are a seller and the rule of thumb produces a high value, then this is not a matter of great concern. Go for it, and maybe someone will be stupid enough to pay you a very high value.”

A dealership’s blue sky is based upon what a buyer thinks it can produce in net profit. If potential buyers think it Benefits of Buying From Used Car Dealerships Ford F-150 XLT Ridgeland WI 54763 cannot produce a profit, the store will not sell. If it can produce a profit, then variables such as desirability of location, the balance the brand will bring to other existing franchises owned, whether or not the factory will require facility upgrades, and so on and so forth, determine whether or not a buyer will buy that particular brand, in that particular location, at that particular time.

I have been consulting with dealers for nearly Ford F-150 XLT Ridgeland WI 54763 four decades and have participated in over 1,000 automotive transactions ranging from $100,000 to over $100,000,000 and have never seen the price of a dealership sale determined by any multiple of earnings unless and until all of the above factors have been considered and the buyer then decided he, she or it was willing to spend “x” times what the buyer thought the dealership would earn, in order to purchase the business opportunity.

To think Ford F-150 XLT Ridgeland WI 54763 otherwise would be to subscribe to the theories that (1) even though you think a dealership could make a million dollars, the store is worth zero blue sky because it made no money last year; and (2) if a store has been making $5 million per year you should pay say 3 times $5 million as blue sky even though you think you will not produce that kind of profit. Both propositions are absurd. Ford F-150 XLT Ridgeland WI 54763 If a buyer does not think a dealership is worth blue sky, then what he is really saying is that he sees no business opportunity in the purchase and therefore, in my opinion, he should not buy the store.

Each dealership is unique with respect to its potential, location, balance that its brand brings a dealer group, and condition of facility. The sale is also unique with respect to whether it is a forced liquidation, Ford F-150 XLT Ridgeland WI 54763 orderly liquidation, arms length, insider, or a case where an anxious buyer is trying to induce an unwilling seller. There are management factors to consider, length and term of leases, possibilities or non-possibilities of purchasing the facilities and whether or not the factory wants to relocate the store or to open a new store up the street.

In the car business it is impossible to pick a dealership or a franchise out of a hat, Ford F-150 XLT Ridgeland WI 54763 multiply its earnings by some mystical number and predict either what the dealership is worth, or what price it would sell for – and it doesn’t matter if you are talking about a Toyota, Honda, Ford, Chevrolet, Chrysler, Dodge, or any other dealership. At any given time one franchise might be considered more or less desirable than another, but they are all valued in the same manner.

Business Results 1 - 10 of 20

Corey's Repair & Towing



Nedland Industries



Link Implement



Gilberts Of Sand Creek



Bob's Auto Sales



Sand Ridge motors



Swant Graber Auto



Pittman's Auto Sales & Service



Knapp Auto Sales



Main Stop Auto Sales



  • Car Dealerships Nissan Altima 2.5 SV in Mondovi WI
  • Car Dealerships Ford F-150 FX4 in Eleva WI
  • Car Dealerships Toyota Corolla S Plus in Gilmanton WI
  • Car Dealerships Nissan Maxima SV in Eau Galle WI
  • Car Dealerships Kia Sportage LX in Jim Falls WI
  • Car Dealerships Nissan Altima 2.5S in Cadott WI
  • Car Dealerships Chevrolet Silverado K1500 LT in Cornell WI
  • Car Dealerships Nissan Versa SV in Cadott WI
  • Car Dealerships Ford F-150 STX in Cadott WI
  • Car Dealerships Nissan Maxima SV in Menomonie WI
  • 19 Vehicles available

    Sort by:
    9
    Used 2014 Lexus Is 250
    Mileage
    3430 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    New 2017 ARGO Frontier 8×8
    Fuel type
    Gasoline
    Distance
    View more
    9
    New 2017 ARGO Frontier 6×6
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2014 Chevrolet Silverado
    Mileage
    37268 mi
    Fuel type
    Gasoline/e
    Distance
    View more
    9
    Used 2014 Nissan Maxima
    Mileage
    32894 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2015 Nissan Sentra
    Mileage
    30333 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2014 Ford Escape
    Mileage
    10776 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2015 Nissan Sentra
    Mileage
    13077 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2014 Ford F-150
    Mileage
    51894 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2014 Ford Escape
    Mileage
    45651 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2014 Nissan Versa
    Mileage
    32707 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2014 Nissan Maxima
    Mileage
    29386 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2014 Nissan Maxima
    Mileage
    26013 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2014 Kia Sportage
    Mileage
    34437 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2014 Nissan Altima
    Mileage
    30933 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2014 Nissan Pathfinder
    Mileage
    33913 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2014 Nissan Altima
    Mileage
    34028 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2015 Toyota Corolla
    Mileage
    22201 mi
    Fuel type
    Gasoline
    Distance
    View more
    4
    Used 2013 Nissan Maxima
    Mileage
    34308 mi
    Fuel type
    Gasoline
    Distance
    View more
    Show all
    Category:

    Car Dealerships Ford F-150 XLT in Ridgeland WI

    February 15, 2018
    Posted by: solfa_admin

    It can be intimidating to go to used car dealers looking for the vehicle you need. But with the proper knowledge of what to look for, you can go with the confidence to get exactly what you want. Before heading out, you’ll need to look into what’s available. At a dealership, test out a few key features of any vehicle you’re interested in to ensure its quality. Investing in Car Dealerships – How to Value Them Ford F-150 XLT Ridgeland WI 54763 Finally, when you think you’ve found the perfect fit, take it out for a test drive.

    Do the Research

    Whatever you do, don’t go to used car dealers with no idea what they have or what you want. Most dealerships have a website you can comb through so that you have some idea of what to expect when you go there. When online, be sure to familiarize yourself with Ford F-150 XLT Ridgeland WI 54763 not only what is available but also with what features you find most desirable. Some features to keep note of are the vehicles’ model, price range, and condition.

    It may seem like a lot of effort, but it will be worth it: when you arrive at dealerships, you’ll already have a mental repository of what you’re looking for in a vehicle. You will have an idea of reasonable Car Dealerships in the Strangest Places Ford F-150 XLT Ridgeland WI 54763 price ranges given a vehicle’s model and condition. You can tell dealers exactly what you’re looking for, saving a lot of time and hassle.

    Know What to Look For

    If you think you have found the vehicle for you, it is important that you know how to inspect it for possible damage while still at the dealership. Even if you don’t know much about cars, there are a few Ford F-150 XLT Ridgeland WI 54763 key things you ought to look at:

    The first is the front fender. Look at the trim lines to make sure they are straight. Check for any offset doors or fenders, as these could indicate frame damage.

    Next, check the spots in the engine bay where the metal struts come together to make sure they are straight and have had no recent welding done to them. Look for rust, Ford F-150 XLT Ridgeland WI 54763 especially under the car or in the wheel wells. Rust can sometimes be dealt with, but it’s better not to have to deal with it at all.

    Be sure to check the fluids, especially brake fluid. When you pull the dipstick out, the fluid should be clear or yellowish. If it’s dark, you may have to bleed the brake system, which costs time and money.

    Next, check the vehicle’s Ford F-150 XLT Ridgeland WI 54763 oil. If the oil is thick-like it’s almost more solid than liquid-that could indicate a blown head gasket, which, again, could be costly to repair.

    Finally, take a look inside the vehicle for any stains or cigarette burns on the seats.

    Take It for a Test Drive

    When you have found the vehicle you think you want, get it off the used car dealer’s lot and see what it’s like Ford F-150 XLT Ridgeland WI 54763 on the road. If possible, try to get it on the highway: the faster, the better. You want to make sure the vehicle in question can handle high speeds, turns, and braking. If, for instance, you get it on the highway, and it starts shaking, that could indicate bad alignment.

    You don’t want to be too rough on a test drive (you could get sued if something happens Ford F-150 XLT Ridgeland WI 54763 along the way) but don’t be too gentle either. You want to know you’re getting an automobile that can handle itself.

    Looking for a used car doesn’t have to be a hassle. Used car dealers can help you navigate dealerships once you’re there, but it’s important to know what you’re looking for and what to expect before going in. That way, you can ensure that you are getting Ford F-150 XLT Ridgeland WI 54763 the best possible deal on a good quality vehicle.

    Business Results 1 - 10 of 20

    Corey's Repair & Towing



    Nedland Industries



    Link Implement



    Gilberts Of Sand Creek



    Bob's Auto Sales



    Sand Ridge motors



    Swant Graber Auto



    Pittman's Auto Sales & Service



    Knapp Auto Sales



    Main Stop Auto Sales



  • Car Dealerships Chevrolet Equinox LT in Mondovi WI
  • Car Dealerships Ford Fusion SE in Eau Galle WI
  • Car Dealerships Ford Fusion TITANIUM in Eleva WI
  • Car Dealerships Nissan Maxima SV in Durand WI
  • Car Dealerships Nissan Versa Note SV in Ridgeland WI
  • Car Dealerships Chevrolet Cruze LT in Elk Mound WI
  • Car Dealerships Nissan Altima 2.5S in Durand WI
  • Car Dealerships Ford Fusion SE in Downsville WI
  • Car Dealerships Chevrolet Silverado K1500 LT in Jim Falls WI
  • Car Dealerships Nissan Maxima SV in Ridgeland WI
  • 19 Vehicles available

    Sort by:
    9
    Used 2014 Lexus Is 250
    Mileage
    3430 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    New 2017 ARGO Frontier 8×8
    Fuel type
    Gasoline
    Distance
    View more
    9
    New 2017 ARGO Frontier 6×6
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2014 Chevrolet Silverado
    Mileage
    37268 mi
    Fuel type
    Gasoline/e
    Distance
    View more
    9
    Used 2014 Nissan Maxima
    Mileage
    32894 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2015 Nissan Sentra
    Mileage
    30333 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2014 Ford Escape
    Mileage
    10776 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2015 Nissan Sentra
    Mileage
    13077 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2014 Ford F-150
    Mileage
    51894 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2014 Ford Escape
    Mileage
    45651 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2014 Nissan Versa
    Mileage
    32707 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2014 Nissan Maxima
    Mileage
    29386 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2014 Nissan Maxima
    Mileage
    26013 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2014 Kia Sportage
    Mileage
    34437 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2014 Nissan Altima
    Mileage
    30933 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2014 Nissan Pathfinder
    Mileage
    33913 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2014 Nissan Altima
    Mileage
    34028 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2015 Toyota Corolla
    Mileage
    22201 mi
    Fuel type
    Gasoline
    Distance
    View more
    4
    Used 2013 Nissan Maxima
    Mileage
    34308 mi
    Fuel type
    Gasoline
    Distance
    View more
    Show all
    Category: