Date published: June 21, 2021
Buy-sell activity surged in the first three months of 2021 compared with a year earlier, when deals were halted during the early days of the coronavirus pandemic. Now it's a seller's market, experts say, and dealers who are getting out are reaping record prices.
The brisk pace of dealership sales continued from late 2020 into this year in what buy-sell experts describe as a seller's market amid record-high prices for dealerships — even as some worry that a possible increase to capital gains taxes could cut into the profits.
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