Deal Announcement: Midwest Toyota, Subaru, Honda

deal announcement: midwest toyota, subaru, honda

We’re proud to announce our successful support of a leading Midwest dealer in their acquisition of a premier Toyota, Subaru, and Honda portfolio.

This transaction came with tight timelines due to a manufacturer Right of First Refusal (ROFR) process — but thanks to Legacy’s speed, flexibility, and deep industry expertise, we were able to execute a rapid close and deliver the capital needed to complete the buy-sell seamlessly.

At Legacy Automotive Capital, we specialize in helping top dealers grow through customized funding solutions — even under the most complex and time-sensitive conditions.

Congratulations to all parties involved! We look forward to supporting even more ambitious dealer growth stories in the months ahead.

If you are interested in learning more about how Legacy can support your next project, please contact:

AUSTIN WOLFINGTON
610.304.9347 • Austin@legacyautocapital.com

TODD MARCELLE
914.671.8871 • Todd@legacyautocapital.com

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Unlock Capital Without Losing Control: Legacy Auto Capital Featured in Auto Remarketing

Unlock Capital Without Losing Control: Legacy Auto Capital Featured in Auto Remarketing

Legacy Auto Capital is proud to be featured in Auto Remarketing’s latest article on sale-leasebacks in automotive retail. The piece highlights how dealers can unlock capital tied up in real estate while maintaining operational control—a strategy Legacy Auto Capital specializes in. As noted in the article, sale-leasebacks offer liquidity without increasing debt or diluting ownership, providing dealers with the flexibility to invest in growth opportunities. Legacy Auto Capital’s approach enables dealers to convert real estate equity into usable capital, facilitating expansion and succession planning.

READ FULL ARTICLE

If you are interested in learning more about how Legacy can support your next project, please contact:

AUSTIN WOLFINGTON
610.304.9347 • Austin@legacyautocapital.com

TODD MARCELLE
914.671.8871 • Todd@legacyautocapital.com

Request Complimentary Valuation

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Acquisition – South Austin Nissan

Acquisition – South Austin Nissan

Legacy Automotive Capital (LEGACY) is pleased to announce the successful acquisition of South Austin Nissan in partnership with IDEA Auto Group (IDEA).

Legacy worked directly with IDEA, a Top 150 Dealer group, and its CEO Julie Herrera on this transaction. Legacy structured the purchase of the real estate so as to provide IDEA with a portion of the Blue Sky funding, thus allowing IDEA to enter the deal with no debt.

Read the full article on Automotive News here.

If you are interested in learning more about how Legacy can support your next project, please contact:

AUSTIN WOLFINGTON
610.304.9347 • Austin@legacyautocapital.com

TODD MARCELLE
914.671.8871 • Todd@legacyautocapital.com

Request Complimentary Valuation

Request Today

Acquisition – Foothills Mazda / Lincoln in Spokane, Washington

Acquisition - Foothills Mazda / Lincoln in Spokane, Washington

Legacy Automotive Capital (LEGACY) is pleased to announce our latest deal in 2024 with the acquisition of Foothills Mazda / Lincoln in Spokane, Washington. With this acquisition, Legacy has now expanded into the Pacific Northwest.

"Legacy Automotive Capital was a great partner as we closed the buy/sell on Foothills Mazda/Lincoln. Legacy were true professionals executing on the real estate due diligence and closing on time. We look forward to a long-term partnership.”

If you are interested in learning more about how Legacy can support your next project, please contact:

AUSTIN WOLFINGTON
610.304.9347 • Austin@legacyautocapital.com

TODD MARCELLE
914.671.8871 • Todd@legacyautocapital.com

Request Complimentary Valuation

Request Today

Hyundai Brockton, Leominster and Collision Center in Shrewsbury Acquisition

Acquisition – Hyundai Brockton, Leominster and Collision Center in Shrewsbury MA

Legacy Automotive Capital (LEGACY) recently partnered with McGovern Automotive, a Top 150 Group, to acquire a portfolio of assets in Massachusetts (Hyundai Brockton, Leominster and a Collision Center in Shrewsbury). The portfolio adds to Legacy’s growing New England portfolio.

“Legacy was a great partner in helping us continue our growth by offering exceptional terms and streamlined closing process. The team at Legacy truly understands how to partner with Dealers.”
Matt McGovernCEO of McGovern Auto Group

If you are interested in learning more about how Legacy can support your next project, please contact:

AUSTIN WOLFINGTON
610.304.9347 • Austin@legacyautocapital.com

TODD MARCELLE
914.671.8871 • Todd@legacyautocapital.com

Request Complimentary Valuation

Request Today

Unlock Capital from Your Real Estate

Tap Into the Value of Your Dealership’s Real Estate

If you own your dealership real estate, you may be sitting on untapped capital. A sale-leaseback allows you to unlock that equity—without moving or disrupting your business.

At Legacy Automotive Capital, we work with successful operators like you to turn owned property into a source of growth. Whether you’re looking to expand, pay down debt, or increase liquidity, we can structure a seamless transaction that supports your goals.

✅ Keep control of your location
✅ Unlock immediate capital
✅ Preserve your operating flexibility

If you are interested in learning more about how Legacy can support your next project, please contact:

AUSTIN WOLFINGTON
610.304.9347 • Austin@legacyautocapital.com

TODD MARCELLE
914.671.8871 • Todd@legacyautocapital.com

Request Complimentary Valuation

Request Today

Use Cases for our Capital: Refinance Alternative

Use Cases for our Capital: Refinance Alternative

Dealers may stay in their real estate for generations, but their loans do not. The average commercial property loan is 5-7 years. Every 5-7 years a car dealer is facing current interest rates and LTV’s.

Example Scenario:

  • Dealer has 3% property loan expiring at an underappraised $20 Mil valuation.
  • Dealer is facing a refinance at 70% LTV with a 7.5% interest rate.
  • Dealer has $6 Mil + in trapped equity and a significantly higher mortgage cost.

Solution:

  • Legacy acquires the real estate at or above $20 Mil valuation
  • Dealer has zero trapped equity and can gain proceeds at Settlement
  • Dealer converts the mortgage to rent and lowers their monthly cost

If you are interested in learning more about how Legacy can support your next project, please contact:

AUSTIN WOLFINGTON
610.304.9347 • Austin@legacyautocapital.com

TODD MARCELLE
914.671.8871 • Todd@legacyautocapital.com

Request Complimentary Valuation

Request Today

Succession Planning

Succession Planning

Succession planning is crucial for car dealers, but accessing capital without disrupting operations can be challenging. A sale leaseback strategy unlocks real estate equity, providing liquidity to fund ownership transitions while retaining control of the dealership.

This approach ensures a smooth succession, preserves working capital, and offers financial flexibility without restrictive covenants. In today’s high-cost market, leveraging real estate assets can be a game-changer for securing your dealership’s future.

If you are interested in learning more about how Legacy can support your next project, please contact:

AUSTIN WOLFINGTON
610.304.9347 • Austin@legacyautocapital.com

TODD MARCELLE
914.671.8871 • Todd@legacyautocapital.com

Request Complimentary Valuation

Request Today

Tesla’s Use of SLB Capital

Tesla's Use of SLB Capital

Tesla has the fastest growing retail footprint among automotive retails nationwide with 237 stores and showrooms nationwide, 192 of which are stand alone service centers.

Tesla’s growth has been fueled by a focus on where they see the highest return on capital: operating an automotive business, not owning real estate.

Tesla’s continue embrace of the sale-leaseback and preferred developer program for their real estate has allowed them to accelerate their growth while maintaining a higher cash balance.

If you are interested in learning more about how Legacy can support your next project, please contact:

AUSTIN WOLFINGTON
610.304.9347 • Austin@legacyautocapital.com

TODD MARCELLE
914.671.8871 • Todd@legacyautocapital.com

Request Complimentary Valuation

Request Today

Benefits of Sale Leaseback Strategy

Benefits of Sale Leaseback Strategy

Franchised new car dealers prioritize business operations but overlook the importance of a dealership real estate strategy. In today’s high-cost buy/sell market, Sale Leaseback Strategies offer a smart way to boost financial flexibility and fuel growth.

  • 100% + Financing
  • $0 Equity Required
  • Rates competitive or lower than market interest rates

If you are interested in learning more about how Legacy can support your next project, please contact:

AUSTIN WOLFINGTON
610.304.9347 • Austin@legacyautocapital.com

TODD MARCELLE
914.671.8871 • Todd@legacyautocapital.com

Request Complimentary Valuation

Request Today