Auto Dealership
ARB has worked with auto dealerships throughout New England for more than 45 years. We invest significant time in training and continuous learning for our team at all levels, so they understand the industry, its sensitivity to economic fluctuations, and the unique reporting, accounting, and operational needs of auto dealerships – dealerships are our passion – whether single-points or dealer groups!
How We Do It
We can perform a review your dealership’s internal controls and financial records to help you prevent and detect fraud.
Auto dealerships frequently engage in M&A so we have a lot of experience with helping both buyers and sellers with due diligence, tax planning and post-deal accounting.
How We’re Helping Our Auto Dealership Clients
Growth by Acquisition: Dealerships that want to grow by acquisition need skilled representation during each phase of the transaction. We want our clients to pay a fair price, perform sound due diligence, and successfully integrate the acquisition into their existing operations. This is what we do…and more!
Operational Reviews: ARB offers a unique perspective. Due to our extensive dealership relationships, we have a keen understanding of auto industry best practices. We regularly assess dealership processes and internal controls and assist our clients with designing a system that better protects their dealership’s assets and maximizes profits.
Team Training: Using our Dashboard report, we participate in client management meetings helping the dealership team to understand the numbers “from an accountant’s perspective.” During these meetings, we have an open dialogue with the dealership’s team about what they are doing well and where they can improve.
Professional Representation: Our dealership team has a reputation that is second to none with various lending institutions and other professionals in the automotive industry. We work closely with our clients to provide their other advisors and financial partners with information that is useful and timely.
Leveraging Tax Benefits: We help auto dealerships assess their eligibility and take advantage of the tax benefits, such as the Section 179D deduction for qualified real estate holdings, 100% bonus depreciation, the R&D tax credit, and more. We also help dealership owners with tax savings strategies, such as aggregating dealership activities to increase their QBI (199a) deduction.
Resources for Auto Dealerships
Auto Dealership Business Intelligence
Headlights Quarterly Newsletter
Keeping up with the many challenges and opportunities in the auto industry isn’t easy. That’s where Headlights comes in.
Our commitment to auto dealerships is evident in our participation in numerous associations and trade groups, such as the AutoCPA Group, a national association of independent accounting firms serving more than 2,000 dealerships across the country.
What Our Customers Say
Auto Dealership Team Leaders
Barton D. Haag, CPA | ARB Principal
Auto Dealership Practice Leader
Bart joined ARB in 1996 and is a Principal with the firm. The growth of ARB’s Auto Dealership Group is a natural result of consistently anticipating the needs of dealerships and providing savvy, sensible and customized services at fair prices.
