Tag: pre-pandemic
What the 2021 Q3 Haig Report reveals about the automotive M&A...
As we’ve seen throughout much of the year, the buy-sell market is hot and dealership profits are through the roof. Haig Partners recently released their Q3 2021 Haig Report which details today’s buy-sell automotive landscape. On today’s show, we’re pleased to welcome Alan Haig, President and Founder of Haig Partners to go further in-depth on […]
New vehicle prices hit another all-time high in November
For the eighth straight month, the average transaction price for new vehicles in the US hit never-before-seen territory while incentives dipped to historic lows. Kelley Blue Book is reporting that new prices are significantly higher than the same time last year, commanding 13% more per unit than in November 2020. Across the industry, the average […]
How an influx of capital for car dealers is shaping the...
On today’s show, we’re pleased to welcome Alan Haig, President and Founder of Haig Partners to discuss the current state of car dealership values. Haig also takes deep dive into the buy-sell market and the major shifts in M&A activity since the start of the pandemic. Haig begins the conversation by discussing how to buy-sell […]
Average transaction price for used cars hits an all-time high
For the first time, the quarterly used Average Transaction Price (ATP) has reached $25,410 in the US, according to Edmunds data. It’s no surprise to anyone in the auto retail industry that used vehicles are selling for more than ever, but the increase is likely more than any analysts saw coming. Comparatively, ATP for used […]
Pre-Pandemic Auto Production to Resume by Month End
Demand for new cars has been stronger than expected after the coronavirus pandemic, according to Wards Intelligence data. The deep V-shaped recovery is trending to nearly resume normal sales figures in the second half of 2020. That surprising trend, combined with automaker shutdowns that lasted for six weeks or more, has led to an inventory […]
