Automotive Dealerships

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Dealerships need proven accounting expertise. Councilor, Buchanan & Mitchell has more than 100 years of experience helping dealerships grow.

It is critical to find a professional accountant who understands the challenges you and your dealership face in a fast-paced industry. Your accountant needs a track record of past success to effectively consult with you on an ongoing basis to navigate an increasing array of complex issues. Councilor, Buchanan & Mitchell’s (CBM) professional services team offers a forward-thinking approach. We not only help you navigate issues you’re facing today but proactively seek an understanding of where your dealership business is taking you tomorrow. In doing so, we become more than an assurance and tax expert—we become your professional partner.

A Mid-Sized Firm Combining the Expertise of a Large Firm with Unmatched Personalized Service

As a mid-sized accounting and advisory firm, CBM offers the personal service you deserve. Our tenured experience provides you with the same knowledge and expertise as a larger firm, but we maintain the strong personal connection you need when you call us with questions or concerns. You will work with a consistent, reliable professional team on a year-to-year basis.

Whether you need an informed tax strategy to maximize the profitability of your dealership, figure out how to manage risks associated with fraud, cyberattacks or insufficient internal controls, or are facing an upcoming purchase that requires operational planning, valuations expertise and a wealth advisor, CBM provides comprehensive experience matched to the accounting and advisory needs of your dealership.

Many of our dealership relationships have been forged over years, sometimes decades. We look forward to the chance to serve you as well.

CBM Dealership Expertise

Assurance

Tax

Cost Segregation
Last-In, First-Out (LIFO) Inventory
Tax Strategy, Planning and Preparation
Federal and State Tax Compliance

Advisory

Business Plans & Operations Review
Business Valuations
Buy-Sell Agreements
Forensic Accounting
Mergers & Acquisitions
Risk Management
Succession Planning

In addition, our team specializes in budgeting & cash flow management, department expense control, helping you understand the potential benefits of separating your dealership business from the underlying real estate, financing arrangements, leasing operations analysis, operating statement analysis. Our automotive team spends countless hours in trainings to stay current with tax law to ensure we can analyze and make recommendations to you about its impact on your business.