Latest Haig Report Tracks Trends in Auto Retail and Impact on Dealership Values
Highlights include a significant spike in dealership profits and skyrocketing demand from dealership groups that want to acquire more stores.

Highlights include a significant spike in dealership profits and skyrocketing deamnd from dealership groups that want to acquire more stores.
HAIG PARTNERS – Haig Partners released its Q3 2021 Haig Report, the leading industry quarterly report that tracks trends in auto retail and their impact on dealership values. Highlights include a significant spike in dealership profits and skyrocketing demand from dealership groups that want to acquire more stores. These trends have driven record‐shattering blue sky values for dealerships.
Key findings from the Q3 2021 Haig Report include:
The Chipdemic continues to create extraordinarily favorable conditions in auto retail
Dealership profits are erupting with the average privately‐owned dealership making $3.4M (excluding PPP) over the twelve‐month period ending September 2021
Buy‐sell activity is at record levels, reaching 575 this year, a 24% increase over the previous record of 463 in 2015
Blue sky values continue to shatter records, rising to an estimated 61% from the end of 2019
Public company spending on US auto acquisitions may reach $8B by year end 2021, 10xpre‐ Pandemic levels
Public equity valuations are 108% higher than they were before the Chipdemic
“We are seeing plenty of dealers come to market to sell their stores. Profits are high, dealer confidence is high and interest rates remain low,” shared Alan Haig. “The high value for stores today is stimulating dealers to consider exiting even if they are not at retirement age. Average single point dealerships are worth about $25M all‐in. Midsized groups are valued in the hundreds of millions of dollars. Large groups bring billions of dollars. At these values, dealers and their families are having conversations about the pros of remaining dealers, but also the risks and capital investments required if they remain dealers. We expect 2022 to be another excellent year for transactions,” he continued.
For more findings from the Q3 2021 Haig Report, download it here. In addition, Alan Haig will be sharing current trends in auto retail and their impact on dealership values, during a live Q&A session on Thursday, November 18that 1:00 pm ET. Register for the event at HaigPartners.com.
More Dealer Ops

Ladies and Gentlemen, This Is a Dealership: Why the Fundamentals Still Decide Who Wins
A teaching moment by a legendary football coach happens to apply perfectly in the auto retail space. Learn what it is and how to use it to your store’s advantage.
Read More →
Timing the Market Can Hurt Long-Term Program Performance
For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.
Read More →
Dealer Ads and the FTC
The agency has made it clear in recent enforcement actions and warnings, in auto retail and other industries, that advertised prices must include all nonoptional costs to the consumer.
Read More →
Used Autos Supply Dwindles
The March shopping surge, despite high prices, cut into inventory by the most since the thick of the pandemic, Cox Automotive analysts calculated.
Read More →
Managing Risk Effectively Through Changing Times
The variables influencing risk pricing have changed significantly over the past five years. Being proactive and responsive to emerging trends is not optional but essential.
Read More →
Survey Reveals What Won't Fix What's Breaking Car Sales
AutoPayPlus says extra-long auto loans are trapping consumers and threatening the dealer trade-in cycle, and that the industry is leveraging the wrong tools to combat high MSRPs.
Read More →
IA American Appoints Two Execs
Senior vice presidents of the company's agent and dealer channels chosen to support general agents and help auto dealers with sales and performance.
Read More →
Cox Automotive Acquires Inspection Firm
Full ownership of Alliance Inspection Management, or AiM, meant to unlock growth for Manheim inspection capabilities
Read More →
Assurant Expands Partnership With Holman
Extended collaboration delivers training, products and performance development to 30 newly acquired Holman dealerships
Read More →
Franchises, Throughput Down in First Half
A handful of states see franchise growth through June, while EV sales per store boost overall business in U.S.
Read More →