“Signing the Asset Purchase Agreement is but one step in the process. Hiring the wrong people to take the parts inventory, or to value the assets could cost you hundreds of thousands of dollars.” – John Pico
The right appraisal begins with the right appraiser.
Whether buying or selling a dealership, settling litigation, obtaining financing, resolving a bankruptcy, or preparing an estate valuation, the quality of the appraisal often determines the quality of the decision.
Automobile dealerships present unique appraisal issues. Parts inventories, shop equipment, furniture, fixtures, leasehold improvements, and specialized dealership assets require experience that general business appraisers often do not possess.
Over the years, we have developed relationships with experienced inventory and fixed asset appraisers whose work has earned the confidence of lenders, attorneys, accountants, and dealership owners.
We help clients identify the right professional for the assignment.
We Can Help Arrange:
Parts inventories
Fixed asset appraisals
Over the years, we have worked with a number of Parts Inventory Specialists and Fixed Asset Appraisers. Below are some of our favorites. That’s not to say, however, that there are not other good people out there. These are simply the ones we favor.
Remember: The appraiser who is ideal for a lender’s collateral review may not be the best choice for a buy-sell transaction or expert witness testimony. Understanding the purpose of the appraisal is every bit as important as selecting the appraiser.
Advising Automobile Dealers LLC
Insight that Makes a Difference
