Dealership Services

Due to their intricate operations, dealerships face inherent fraud risks. Theft can manifest itself in various ways including vendor fraud, parts theft, identity theft and payroll-related misconduct. When suspicious activity is identified or fraud has already occurred, our forensic professionals can help by collecting, and analyzing, financial and operational data. We help clients uncover the facts, quantify losses, support insurance or legal proceedings when needed. We also help clients reduce future risk by implementing measures to strengthen internal controls.

Unexpected events such as cyberattacks, natural disasters and operational disruptions can lead to significant business interruption losses for dealerships. Understanding what is covered and documenting losses properly can be challenging during an already stressful time. We work with dealerships to evaluate claims, quantify damages and navigate the insurance recovery process. Our goal is to help clients secure the compensation they deserve while minimizing disruption to their operations.

Partner with us to elevate your dealership’s finances. We provide outsourced accounting for dealerships that’s fully scalable and adapts to your unique needs. Whether you need remote or on-site dealer accounting support, our team can provide temporary or permanent coverage tailored to you. Our team can assist you with applicable regulations, including, but not limited to, 8300s, sales tax, federal financial regulations, consumer protection and safeguarding, and wage-and-hour employment compliance.

Dealerships manage large volumes of customer data, including personal and payment information. Our cybersecurity services help protect your customers’ data and support your business’s regulatory compliance. We can help maintain your customers’ confidence by ensuring the integrity of their transactions.

Understanding what your dealership is truly worth matters at every stage of ownership. Withum’s dealership valuation specialists use income, market, and asset-based approaches, including blue sky value, to assess both tangible assets and intangible goodwill so owners know exactly where they stand. Read our full FAQ on how to value a dealership for a deeper look at the process.

Mergers and acquisitions activity in the dealership industry continues to climb. Withum’s dealership M&A advisors guide both buyers and sellers through every phase of a transaction. We conduct thorough due diligence on cash flow, earnings, and potential liabilities so clients fully understand a dealership’s financial position before any deal is finalized. Our team also manages the detailed dealer application process, from manufacturer requirements to marketing plans, and stands beside our clients at the closing table to protect their interests on every line item. From due diligence through closing day, our dealership advisory team works directly with your attorney and broker to help secure the best possible outcome.