Select Page

Automobile Dealership Articles

DOWNEY & COMPANY’S CURRENT DEALER NEWLSETTERS:

Clean Vehicle Dealers: Register with Energy Credits Online by December 1, 2023 – November 2023

2023 Profitability Based on Sales and Gross Profit – November 2023

2023 Dealership Facts and Figures – Fixed Operations – November 2023

2023 Dealership Facts and Figures – Used Vehicle Sales – November 2023

2023 Dealership Facts and Figures – New Vehicle Sales – November 2023

2023 Dealership Facts and Figures – November 2023

Dealers’ Profit Matrices Reach Record Levels – November 2022

2022 Dealership Facts and Figures – Fixed Operations – November 2022

2022 Dealership Facts and Figures – Used Vehicle Sales – November 2022

2022 Dealership Facts and Figures – New Vehicle Sales – November 2022

2022 Dealership Facts and Figures – November 2022

Congress Contemplates LIFO Relief for Dealers – October 2022

2021 Dealership Facts and Figures – Fixed Operations – November 2021

2021 Dealership Facts and Figures – Used Vehicle Sales – November 2021

2021 Dealership Facts and Figures – New Vehicle Sales – October 2021

2021 Dealership Facts and Figures – October 2021

Recent Dealership Profit Trends – July 2021

State of the Auto Dealership Buy/Sell Market – December 2020

2020 Dealership Facts & Figures – Fixed Operations – November 2020

2020 Dealership Facts & Figures – Used Vehicle Sales – November 2020

2020 Dealership Facts & Figures – New Vehicle Sales – November 2020

2020 Dealership Facts & Figures – November 2020

Summary of COVID-19’s Impact on Auto Dealer Performance – August 2020

Thoughts for Dealers Operating During a Partial  or Full Business Shut Down – March 2020

Recap of 2019 Dealer Financial Results and 2020 Outlook – March 2020

2019 Dealership Facts & Figures – Fixed Operations – December 2019

2019 Dealership Facts & Figures – Used Vehicle Sales – November 2019

2019 Dealership Facts & Figures – New Vehicle Sales – November 2019

2019 Dealership Facts & Figures – November 2019

Recap of 2019 Trends in the Auto Industry – September 2019

New Technology Can Help Boost Service Department Profits – August 2019

Sales Trends for Dealers in 2019 – June 2019

Electric Vehicles: The Good News and the Bad News – June 2019

Dealership Expense Trends for 2019 – February 2019

2019 Trends and Insights for Dealers – January 2019

2018 Dealership Facts & Figures – Fixed Operations – November 2018

2018 Dealership Facts & Figures – Used Vehicle Sales – November 2018

2018 Dealership Facts & Figures – New Vehicle Sales – November 2018

2018 Dealership Facts & Figures – November 2018

Solving Receivable Collection Issues – September 2018

Expenses Continue to Spiral for Dealers – August 2018

Growth of Fixed Operations is the Key to Dealer Profitability – July 2018

Keys to Maintaining Profitability in 2018 – May 2018

Best Practices for the Parts Department – February 2018

The Impact of Tax Reform on Dealerships – January 2018

2017 Dealership Facts and Figures (Part 4) – Fixed Operations – November 2017

2017 Dealership Facts and Figures (Part 3) – Used Vehicle Sales – November 2017

2017 Dealership Facts and Figures (Part 2) – New Vehicle Sales – November 2017

2017 Dealership Facts and Figures (Part 1) – November 2017

Service Department Must Adapt to Drive Profitability – October 2017

Auto Dealership Trends for the First Eight Months of 2017 – September 2017

Safeguarding Your Store From Fraud – August 2017

Aged Inventories Have a Significant Cost to Dealers – July 2017

Solar Canopies Provide Benefits for Dealership Lots – July 2017

Common Deficiencies in Dealership Accounting Departments – June 2017

NAADA Press Release – June 2017

The Key to Maintaining Profit Levels is Keeping an Eye on Expenses – May 2017

2016 National Dealership Succession Planning Survey Results – April 2017

Lessons Learned from Recent IRS Audits – February 2017

LIFO Indexes Projected to be Low This Year – January 2017

 

DOWNEY & COMPANY’S PAST DEALER NEWLSETTERS:

2016 Dealership Facts & Figures – Fixed Operations

 2016 Dealership Facts and Figures – Used Vehicle Sales

 2016 Dealership Facts and Figures – New Vehicle Sales

 2016 Dealership Facts and Figures

 Real Estate Tax Strategies for Auto Dealers

 Understanding Vehicle Depreciation Provisions Will Increase Sales

 The Tax Treatment of Items in a Buy/Sell

 IRS Increases Premium Threshold for Dealer Owned Reinsurance Companies

 Demo “Taxable Fringe Benefit” Reminder

The Key to Your Long Term Success is the Service Department

Have You Named a Successor on Your Franchise Agreement?

Is Your Parts Inventory Balance Accurate?

Dealer Owned Reinsurance Companies Provide Estate Planning Opportunities

Is Your Wholesale Parts Department Really Profitable?

Take Advantage of Tax Credits Available for the Purchase of Electric Vehicle Charging Stations

Can Small to Medium Size Dealers Survive in the Current Consolidation Market?

Revisiting the IRS Guidelines for the Taxation of Demos

Alert – IRS Concludes that Facility Image Upgrade Payments Are Includable in Gross Income

Inventory Management Is Still Important When Sales Are Strong

Meet Monthly to Review Financial Statements with Office Manager

Seek, Attract and Retain the Best Salespeople

Favorable Depreciation Rules That Should Boost December Sales

Dealership Buying and Selling – Sometimes it’s Not About the Money

What Does a Dealer Need in His or Her Buy/Sell Agreement?

Steps for Dealers to Take to Ensure Accurate Financial Statements

Are Your Monthly Statements Accurate?

Thoughts on Facility Upgrade Programs

Reduce Fraud with Strong Parts Inventory Management

Maximize Revenue by Increasing Document Preparation Fees

The “After the Sales Sales” That Enhance Dealer Profitability

Employees Remain a Dealership’s Most Valuable Asset

 Strategies to Prevent Fraud

Auto Dealer Succession- A Ten Step Checklist  

Please select a subject to view other dealer related topics and past newsletters:

Dealership Management and Operations

Dealership Tax Compliance and Strategy

Automobile Dealership Finance

Dealer Checklists

Demonstrator Vehicle Topics

Acquiring and Selling a Dealership

Record Retention Guides

Downey & Company was recognized by the American Institute of Certified Public Accountants as auto dealer industry specialists. For more information, please contact Paul McGovern at pmcgovern@downeycocpa.com or at 800-849-6022.

Downey Co CPA