Car Dealerships Nissan Maxima SV in Eau Claire WI

Car Dealerships Nissan Maxima SV in Eau Claire 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 Is Now the Right Time to Buy a Car Dealership? Nissan Maxima SV Eau Claire WI 54701 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 Nissan Maxima SV Eau Claire WI 54701 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 Automobile Dealerships – Valuing Blue Sky Nissan Maxima SV Eau Claire WI 54701 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 Nissan Maxima SV Eau Claire WI 54701 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 Nissan Maxima SV Eau Claire WI 54701 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. Nissan Maxima SV Eau Claire WI 54701 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, Nissan Maxima SV Eau Claire WI 54701 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, Nissan Maxima SV Eau Claire WI 54701 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

Eau Claire Automotive Group



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Eau Claire Chrysler Dodge Jeep Ram



Prestige Kia



Krazy Mike's Car and Truck



Ranney's Auto Sales & Services



Chilson Subaru



Eau Claire Nissan



Capital Motor Company



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    Car Dealerships Nissan Maxima SV in Eau Claire WI

    February 15, 2018
    Posted by: solfa_admin

    Drive far enough down the road or through town and you are bound to see a buy here pay here car dealership. It seems there are more of them popping up all the time. There is obviously a reason for the popularity of the BHPH car lot and I am sure we will see them around for a long time. They are selling cars everyday to people that need to buy 5 Perks of Buying From a Car Dealership Nissan Maxima SV Eau Claire WI 54701 cars that have credit problems.

    Whether you realize it or not there are some pitfalls to doing business with a Buy Here Pay Here (BHPH) car dealer. Continue reading for some of the things you need to know before you buy and finance a vehicle with one of these types of automobile dealers.

    Must Knows about Buy Here Pay Here Car Dealers

    The buy here pay here car dealer only sells and finances used Nissan Maxima SV Eau Claire WI 54701 cars. In most cases the dealer is financing the car with in house financing (their own money) and there is risk involved when they are financing people with bad credit. Therefore they only finance used cars because there is less money at risk should something happen that causes them to lose their investment which is not uncommon in the BHPH business.

    When you buy and finance a vehicle at a buy here An Introduction To Used Car Dealers Nissan Maxima SV Eau Claire WI 54701 pay here car dealership you will be paying a high interest rate on your loan. Sorry, but there really isn’t away around that fact because of the risk involved for the dealer. There is a good chance that a certain amount of their sales will go bad and the car has to be repossessed. It is a numbers game and the rate reflects the amount of risk.

    Paying a loan from the Nissan Maxima SV Eau Claire WI 54701 buy here pay here car dealer rarely rebuilds your credit and not usually reported to the credit bureaus. They typically use in house financing they hold the paper or service the loan themselves which does not require them to report to the credit agencies. The down side is not reporting if you made your payments on time, but the upside it that you can get and finance a car.

    Part of your Nissan Maxima SV Eau Claire WI 54701 agreement and contract with the buy here pay here car dealer is that you must make your payments on a weekly or bi-weekly basis at the dealer where you bought the car. This can be a hassle for some people, but it is easier to make a small payment weekly than a large payment monthly.

    With most traditional auto loans there is a grace period for making a late payment before they Nissan Maxima SV Eau Claire WI 54701 start making arrangements for repossession. However with the Buy Here Pay Here Car Dealership there is rarely any grace period or if there is it is a very small time frame. If you don’t work with the dealer they will repossess your vehicle in no time at all.

    Summing Up the BHPH Car Dealer

    When you make a deal with a Buy Here Pay Here car dealer you should be aware of the Nissan Maxima SV Eau Claire WI 54701 conditions and be prepared to abide by them. The BHPH auto loan is not like a standard auto loan so you need to know what to expect. Buying a vehicle from the local BHPH car dealer might not be convenient, but at least they will get you back in the driver’s seat.

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    Car Dealerships Nissan Maxima SV in Eau Claire WI

    February 15, 2018
    Posted by: solfa_admin

    When you go to purchase a new vehicle, you have several options. You can purchase online or even from a private seller. However, you should not discredit used car dealerships. Many have gotten a bad reputation in the past, but there are still many benefits of working directly with a dealer.

    Mechanical Concerns

    The average driver does not fully understand the inner workings of their vehicle’s motor. Service the Rest Nissan Maxima SV Eau Claire WI 54701 When it comes time to buy a different automobile, it is scary to think you may be purchasing something with issues and you would be responsible for fixing it. By purchasing your next automobile from a used car dealership, you get some peace of mind. Their mechanics have already inspected the motor. The service technicians correct any deficiencies they find before putting it on the Nissan Maxima SV Eau Claire WI 54701 lot for sale.

    Depending on the lot, you may get a limited dealer warranty to help protect you against any issues their mechanics may have missed. Of course, to ensure that the auto is in good working order, you should request to see any maintenance documents pertaining to the automobile.

    Financing

    If you choose to do business with a private seller, you are responsible for financing the vehicle. The Pitfalls of Buy Here Pay Here Car Dealerships Nissan Maxima SV Eau Claire WI 54701 A private individual is going to want the purchase price in full before turning over the title and keys. Unless you have the cash on hand, you are going to have to find a bank that will loan you the money. Finding the best rate takes a lot of research. Then you have to fill out all the paperwork yourself and get it to the Nissan Maxima SV Eau Claire WI 54701 finance company before they will release the funds.

    When you work with dealers, they have finance departments that do the hard work for you. They handle all of the paperwork and can find the best rates for your loan. They work hard to get you instant approval so you can leave with the automobile immediately. They work with lenders to obtain a loan for your purchase Nissan Maxima SV Eau Claire WI 54701 when you may not have been able to on your own.

    Paperwork

    In order to get a license on your vehicle, you have to prove that it belongs to you. That means you have to have paperwork showing that you purchased the car and you have the original title to have it changed into your name. Additionally, if you have a loan on the automobile, you need Nissan Maxima SV Eau Claire WI 54701 that information to present to the DMV. With a private seller, you and the seller have to make sure all the paperwork is completed. The seller signs the title over to you and he or she will have to give you some document showing the sale.

    Used car dealerships take care of most of the paperwork for you. They fill out all documents necessary for you Nissan Maxima SV Eau Claire WI 54701 to get the title and license for the auto. You may still have to go to the DMV to turn in the forms; however, it will save you time and hassle.

    In time, you will have to replace the car you currently drive. Even if you have had problems in the past, you should still visit used car dealerships to purchase your next vehicle. They save Nissan Maxima SV Eau Claire WI 54701 you time and hassle while giving you peace of mind in your purchase.

    Business Results 1 - 10 of 20

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    Eau Claire Chrysler Dodge Jeep Ram



    Prestige Kia



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    Ranney's Auto Sales & Services



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      The bold idea may seem far-fetched given the travails of public transit projects in the Twin Cities. But the West Central Wisconsin Rail Coalition has been working on the idea for nearly two decades.

    • Eau Claire native talks on run for State Treasurer

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  • 27 Vehicles available

    Sort by:
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    Used 2015 GMC Sierra
    Mileage
    43814 mi
    Fuel type
    Gasoline
    Distance
    View more
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    Mileage
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    View more
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    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 Ford Fusion
    Mileage
    36034 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2014 Ford Fusion
    Mileage
    34555 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 Altima
    Mileage
    33456 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 2013 Nissan Maxima
    Mileage
    34308 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2012 Honda Cr-v
    Mileage
    76048 mi
    Fuel type
    Gasoline
    Distance
    View more
    9
    Used 2015 Toyota Corolla
    Mileage
    22201 mi
    Fuel type
    Gasoline
    Distance
    View more
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