February 2023 - Legacy Auto Capital

acquisitions@legacyautocapital.com

Real Estate Blue Sky — The Hidden Value for Dealers

February 7, 2023
LegacyAuto
Uncategorized

‘Real Estate Blue Sky’ is a term coined by Legacy Automotive Capital (LAC) to describe the intangible value that a New Car dealership property holds in addition to its physical attributes or based on the comparable sales of similar properties typically used in the appraisal process. New Car dealership properties are unique in that the

7 February

img.wp-smiley,img.emoji{display:inline !important;border:none !important;box-shadow:none !important;height:1em !important;width:1em !important;margin:0 .07em !important;vertical-align:-.1em !important;background:none !important;padding:0 !important;}.has-text-align-justify{text-align:justify;}.wp-block-button__link{color:#fff;background-color:#32373c;border-radius:9999px;box-shadow:none;text-decoration:none;padding:calc(.667em + 2px) calc(1.333em + 2px);font-size:1.125em;}.wp-block-file__button{background:#32373c;color:#fff;text-decoration:none;}body{--wp--preset--color--black:#000;--wp--preset--color--cyan-bluish-gray:#abb8c3;--wp--preset--color--white:#fff;--wp--preset--color--pale-pink:#f78da7;--wp--preset--color--vivid-red:#cf2e2e;--wp--preset--color--luminous-vivid-orange:#ff6900;--wp--preset--color--luminous-vivid-amber:#fcb900;--wp--preset--color--light-green-cyan:#7bdcb5;--wp--preset--color--vivid-green-cyan:#00d084;--wp--preset--color--pale-cyan-blue:#8ed1fc;--wp--preset--color--vivid-cyan-blue:#0693e3;--wp--preset--color--vivid-purple:#9b51e0;--wp--preset--gradient--vivid-cyan-blue-to-vivid-purple:linear-gradient(135deg,rgba(6,147,227,1) 0%,#9b51e0 100%);--wp--preset--gradient--light-green-cyan-to-vivid-green-cyan:linear-gradient(135deg,#7adcb4 0%,#00d082 100%);--wp--preset--gradient--luminous-vivid-amber-to-luminous-vivid-orange:linear-gradient(135deg,rgba(252,185,0,1) 0%,rgba(255,105,0,1) 100%);--wp--preset--gradient--luminous-vivid-orange-to-vivid-red:linear-gradient(135deg,rgba(255,105,0,1) 0%,#cf2e2e 100%);--wp--preset--gradient--very-light-gray-to-cyan-bluish-gray:linear-gradient(135deg,#eee 0%,#a9b8c3 100%);--wp--preset--gradient--cool-to-warm-spectrum:linear-gradient(135deg,#4aeadc 0%,#9778d1 20%,#cf2aba 40%,#ee2c82 60%,#fb6962 80%,#fef84c 100%);--wp--preset--gradient--blush-light-purple:linear-gradient(135deg,#ffceec 0%,#9896f0 100%);--wp--preset--gradient--blush-bordeaux:linear-gradient(135deg,#fecda5 0%,#fe2d2d 50%,#6b003e 100%);--wp--preset--gradient--luminous-dusk:linear-gradient(135deg,#ffcb70 0%,#c751c0 50%,#4158d0 100%);--wp--preset--gradient--pale-ocean:linear-gradient(135deg,#fff5cb 0%,#b6e3d4 50%,#33a7b5 100%);--wp--preset--gradient--electric-grass:linear-gradient(135deg,#caf880 0%,#71ce7e 100%);--wp--preset--gradient--midnight:linear-gradient(135deg,#020381 0%,#2874fc 100%);--wp--preset--font-size--small:13px;--wp--preset--font-size--medium:20px;--wp--preset--font-size--large:36px;--wp--preset--font-size--x-large:42px;--wp--preset--spacing--20:.44rem;--wp--preset--spacing--30:.67rem;--wp--preset--spacing--40:1rem;--wp--preset--spacing--50:1.5rem;--wp--preset--spacing--60:2.25rem;--wp--preset--spacing--70:3.38rem;--wp--preset--spacing--80:5.06rem;--wp--preset--shadow--natural:6px 6px 9px rgba(0,0,0,.2);--wp--preset--shadow--deep:12px 12px 50px rgba(0,0,0,.4);--wp--preset--shadow--sharp:6px 6px 0px rgba(0,0,0,.2);--wp--preset--shadow--outlined:6px 6px 0px -3px rgba(255,255,255,1),6px 6px rgba(0,0,0,1);--wp--preset--shadow--crisp:6px 6px 0px rgba(0,0,0,1);}:where(.is-layout-flex){gap:.5em;}:where(.is-layout-grid){gap:.5em;}body .is-layout-flow > .alignleft{float:left;margin-inline-start:0;margin-inline-end:2em;}body .is-layout-flow > .alignright{float:right;margin-inline-start:2em;margin-inline-end:0;}body .is-layout-flow > .aligncenter{margin-left:auto !important;margin-right:auto !important;}body .is-layout-constrained > .alignleft{float:left;margin-inline-start:0;margin-inline-end:2em;}body .is-layout-constrained > .alignright{float:right;margin-inline-start:2em;margin-inline-end:0;}body .is-layout-constrained > .aligncenter{margin-left:auto !important;margin-right:auto !important;}body .is-layout-constrained > :where(:not(.alignleft):not(.alignright):not(.alignfull)){max-width:var(--wp--style--global--content-size);margin-left:auto !important;margin-right:auto !important;}body .is-layout-constrained > .alignwide{max-width:var(--wp--style--global--wide-size);}body .is-layout-flex{display:flex;}body .is-layout-flex{flex-wrap:wrap;align-items:center;}body .is-layout-flex > *{margin:0;}body .is-layout-grid{display:grid;}body .is-layout-grid > *{margin:0;}:where(.wp-block-columns.is-layout-flex){gap:2em;}:where(.wp-block-columns.is-layout-grid){gap:2em;}:where(.wp-block-post-template.is-layout-flex){gap:1.25em;}:where(.wp-block-post-template.is-layout-grid){gap:1.25em;}.has-black-color{color:var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-color{color:var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-color{color:var(--wp--preset--color--white) !important;}.has-pale-pink-color{color:var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-color{color:var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-color{color:var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-color{color:var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-color{color:var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-color{color:var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-color{color:var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-color{color:var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-color{color:var(--wp--preset--color--vivid-purple) !important;}.has-black-background-color{background-color:var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-background-color{background-color:var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-background-color{background-color:var(--wp--preset--color--white) !important;}.has-pale-pink-background-color{background-color:var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-background-color{background-color:var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-background-color{background-color:var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-background-color{background-color:var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-background-color{background-color:var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-background-color{background-color:var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-background-color{background-color:var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-background-color{background-color:var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-background-color{background-color:var(--wp--preset--color--vivid-purple) !important;}.has-black-border-color{border-color:var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-border-color{border-color:var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-border-color{border-color:var(--wp--preset--color--white) !important;}.has-pale-pink-border-color{border-color:var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-border-color{border-color:var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-border-color{border-color:var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-border-color{border-color:var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-border-color{border-color:var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-border-color{border-color:var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-border-color{border-color:var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-border-color{border-color:var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-border-color{border-color:var(--wp--preset--color--vivid-purple) !important;}.has-vivid-cyan-blue-to-vivid-purple-gradient-background{background:var(--wp--preset--gradient--vivid-cyan-blue-to-vivid-purple) !important;}.has-light-green-cyan-to-vivid-green-cyan-gradient-background{background:var(--wp--preset--gradient--light-green-cyan-to-vivid-green-cyan) !important;}.has-luminous-vivid-amber-to-luminous-vivid-orange-gradient-background{background:var(--wp--preset--gradient--luminous-vivid-amber-to-luminous-vivid-orange) !important;}.has-luminous-vivid-orange-to-vivid-red-gradient-background{background:var(--wp--preset--gradient--luminous-vivid-orange-to-vivid-red) !important;}.has-very-light-gray-to-cyan-bluish-gray-gradient-background{background:var(--wp--preset--gradient--very-light-gray-to-cyan-bluish-gray) !important;}.has-cool-to-warm-spectrum-gradient-background{background:var(--wp--preset--gradient--cool-to-warm-spectrum) !important;}.has-blush-light-purple-gradient-background{background:var(--wp--preset--gradient--blush-light-purple) !important;}.has-blush-bordeaux-gradient-background{background:var(--wp--preset--gradient--blush-bordeaux) !important;}.has-luminous-dusk-gradient-background{background:var(--wp--preset--gradient--luminous-dusk) !important;}.has-pale-ocean-gradient-background{background:var(--wp--preset--gradient--pale-ocean) !important;}.has-electric-grass-gradient-background{background:var(--wp--preset--gradient--electric-grass) !important;}.has-midnight-gradient-background{background:var(--wp--preset--gradient--midnight) !important;}.has-small-font-size{font-size:var(--wp--preset--font-size--small) !important;}.has-medium-font-size{font-size:var(--wp--preset--font-size--medium) !important;}.has-large-font-size{font-size:var(--wp--preset--font-size--large) !important;}.has-x-large-font-size{font-size:var(--wp--preset--font-size--x-large) !important;}.wp-block-navigation a:where(:not(.wp-element-button)){color:inherit;}:where(.wp-block-post-template.is-layout-flex){gap:1.25em;}:where(.wp-block-post-template.is-layout-grid){gap:1.25em;}:where(.wp-block-columns.is-layout-flex){gap:2em;}:where(.wp-block-columns.is-layout-grid){gap:2em;}.wp-block-pullquote{font-size:1.5em;line-height:1.6;}.tolb-holder{background:rgba(0,0,0,.8);}.tolb-holder .tolb-close,.tolb-holder .tolb-title,.tolb-holder .tolb-counter,.tolb-holder .tolb-next i,.tolb-holder .tolb-prev i{color:#fff;}.tolb-holder .tolb-load{border-color:rgba(255,255,255,.2);border-left:3px solid #fff;}.to-heart-icon,.to-heart-icon svg,.to-post-like,.to-post-like .to-like-count{position:relative;display:inline-block;}.to-post-like{width:auto;cursor:pointer;font-weight:400;}.to-heart-icon{float:left;margin:0 4px 0 0;}.to-heart-icon svg{overflow:visible;width:15px;height:14px;}.to-heart-icon g{-webkit-transform:scale(1);transform:scale(1);}.to-heart-icon path{-webkit-transform:scale(1);transform:scale(1);transition:fill .4s ease,stroke .4s ease;}.no-liked .to-heart-icon path{fill:#999;stroke:#999;}.empty-heart .to-heart-icon path{fill:transparent !important;stroke:#999;}.liked .to-heart-icon path,.to-heart-icon svg:hover path{fill:#ff6863 !important;stroke:#ff6863 !important;}@keyframes heartBeat{0%{transform:scale(1);}20%{transform:scale(.8);}30%{transform:scale(.95);}45%{transform:scale(.75);}50%{transform:scale(.85);}100%{transform:scale(.9);}}@-webkit-keyframes heartBeat{0%,100%,50%{-webkit-transform:scale(1);}20%{-webkit-transform:scale(.8);}30%{-webkit-transform:scale(.95);}45%{-webkit-transform:scale(.75);}}.heart-pulse g{-webkit-animation-name:heartBeat;animation-name:heartBeat;-webkit-animation-duration:1s;animation-duration:1s;-webkit-animation-iteration-count:infinite;animation-iteration-count:infinite;-webkit-transform-origin:50% 50%;transform-origin:50% 50%;}.to-post-like a{color:inherit !important;fill:inherit !important;stroke:inherit !important;}img#wpstats{display:none;}.mob-header-top{background:#fff;}.mob-header-content{background:#fff;}.mob-menu li a,.mob-header-content .header-top-menu ul li a{color:#999;}.mob-header-content .slogan{color:#999;}.mob-menu li a,.mob-header-content .header-top-menu ul li a{border-top:0px solid #999;border-bottom:1px solid #999;border-left:0px solid #999;border-right:0px solid #999;}.logo img{width:300px;}.logo-mob img{width:220px;}.version1 .desk-menu > ul > li > a{font-family:"Open Sans";font-weight:400;font-style:normal;font-size:18px;}#nav .nav-top > li{margin-left:30px;}#nav a{color:#062060;}#nav li.hover > a,#nav li:hover > a,#nav li.active > a{color:#7f7f7f;}#header.adclassic #nav .nav-top > li > a{color:#062060;}#header.adclassic #nav .nav-top > li > a:hover{color:#7f7f7f;}#header.adclassic #nav .nav-top > li:hover > a{border-bottom:0px none;}#header.fixed-position #nav .nav-top > li > a{color:#062060;}#header.fixed-position #nav .nav-top > li > a:hover{color:#7f7f7f;}#header.fixed-position:after{background-color:#fff;}.page-banner .heading{font-family:Lato;font-weight:300;font-style:normal;color:#fff;font-size:36px;}.page-banner .container{padding-top:187px;padding-bottom:99px;}.page-banner .breadcrumbs li{font-family:Lato;line-height:18px;font-weight:400;font-style:normal;color:#bbb;font-size:13px;}.page-banner .breadcrumbs li a{color:#dbdbdb;}.page-banner.small .heading{font-family:Lato;font-weight:300;font-style:normal;color:#727070;font-size:36px;}.page-banner.small .container{padding-top:120px;padding-bottom:30px;}.page-banner.grey{background-color:transparent;background-size:cover;}.page-banner .breadcrumbs{font-family:Lato;line-height:18px;font-weight:400;font-style:normal;color:#bbb;font-size:13px;}.page-banner.grey .breadcrumbs li a{color:#424141;}.bg-dark-jungle{background:#7f7f7f;}.footer-top .logo img,.footer-top .logo{width:200px;}.bg-shark{background:#7f7f7f;}.footer-cent h5{color:#fff;}.footer-cent{color:#ddd;}#footer .footer-cent a{color:#062060;}#footer .footer-cent a:hover{color:#000930;}.bg-dark-jungle-bottom{background:#7f7f7f;}body{font-family:Montserrat;line-height:26px;font-weight:400;font-style:normal;color:#000;font-size:16px;}.page-banner .heading{font-family:Montserrat;line-height:35px;font-weight:400;font-style:normal;color:#fff;font-size:36px;}.page-banner.small .heading{font-family:Lato;line-height:40px;font-weight:300;font-style:normal;color:#000;font-size:36px;}.blog-txt h2{font-family:"Open Sans";line-height:40px;font-weight:400;font-style:normal;color:#2c2e3d;font-size:35px;}h1{font-family:Montserrat;line-height:36px;font-weight:600;font-style:normal;color:#444;font-size:36px;}h2{font-family:Montserrat;line-height:30px;font-weight:600;font-style:normal;color:#444;font-size:30px;}h3{font-family:Montserrat;line-height:24px;font-weight:400;font-style:normal;color:#444;font-size:24px;}h4{font-family:Montserrat;line-height:18px;font-weight:400;font-style:normal;color:#444;font-size:18px;}h5{font-family:Montserrat;line-height:14px;font-weight:400;font-style:normal;color:#444;font-size:14px;}h6{font-family:Montserrat;line-height:12px;font-weight:400;font-style:normal;color:#444;font-size:12px;}.gform_wrapper input,.gform_wrapper textarea{border:1px solid #bdbdbd;}header{padding:18px 0px 18px 0px !important;background-color:#fff;}.content-main #primary #content .page-banner{display:none !important;}.content-main #content{padding-top:100px;}@media screen and (max-width:768px){.content-main #content{padding-top:0px;}}#content .white-text,#content .white-text h1,#content .white-text h2,#content .white-text h3,#content .white-text h4,#content .white-text h5,#content .white-text h6,#content .white-text p,#content .white-text a{color:#fff !important;}#rs-demo-id{}