California Auto Dealer – AI’s Take on Determining Purchase Price of a Dealership

June 2023

Over 30 Years of Handling Buy/Sells for New Car Dealers

AI’S TAKE ON DETERMINING PURCHASE PRICE OF A DEALERSHIP

Can Artificial Intelligence (AI) help you successfully buy or sell a dealership? Continue reading to see how well it understands the process.

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BUY/SELL BASICS – WHAT YOU DON’T KNOW CAN HURT YOU

Using a seasoned transactional attorney is extremely valuable when buying or selling an auto dealership. Read more about some of what they know that many others don’t.

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THE PROS AND CONS OF DIFFERENT ENTITY STRUCTURES

There are pros and cons to the type of entity you form when purchasing a dealership. Learn more about each below.

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CASH DISCOUNTS OR CREDIT SURCHARGES?

Here’s what you need to know about offering customers discounts when paying with cash versus a surcharge on credit card payments.

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Erin K. Tenner is a partner with Gray·Duffy, LLP and has been legal counsel representing auto dealers in buying and selling auto dealerships for more than 30 years. She can be reached at 818-907-4071 or [email protected].

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Gray·Duffy, LLP

Southern California

21700 Oxnard Street

Suite 1950

Woodland Hills, CA 91367

(818) 907-4000 

Northern California

555 Twin Dolphin Drive

Suite 300

Redwood City, CA 94065

(650) 365-7343 


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Please Note: 

These articles are necessarily general in nature and do not substitute for legal advice with respect to any particular matter. Readers should consult with an attorney before taking any action affecting their interests.


California Auto Dealer is a registered trademark of Erin K. Tenner. The content of this newsletter may not be duplicated without permission. If you know someone who would like to receive this newsletter, have them email Erin Tenner: [email protected]


Please Note: This article is necessarily general in nature and is not a substitute for legal advice with respect to any particular case. Readers should consult with an attorney before taking any action affecting their interests.