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Home » Dealership consolidation boosts acquisition financing

Dealership consolidation boosts acquisition financing

Buy/sell activity increased 25% YoY Q1-Q3 2022

Amanda HarrisbyAmanda Harris
April 24, 2023
in Sales & Marketing
Reading Time: 4 mins read
0
Cars lined up in dealership showroom

© Can Stock Photo / welcomia

A shift toward dealership consolidation is likely to contribute to an uptick in acquisition financing and growth in floorplan lenders’ portfolios.  Dealership buy/sell activity decreased 2.4% year over year in 2022 with 374 dealership transactions completed by yearend, according to Kerrigan Advisors’ 2022 annual Blue Sky Report. Still, the overall decline was offset by a […]

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