Automotive Dealerships

CBM Dealership Services

CBM began working in the automotive industry more than 100 years ago when the Model T was in production. Our specialty in auto, heavy-duty and light truck, motorcycle and RV dealership accounting, auditing, tax and operational consulting services has developed and evolved over the decades— and our expertise shows. Our automotive clients represent a wide range of companies from single locations to large dealer alliances and auto-related businesses. We understand this industry from bumper to bumper.

Exclusive LabNation Broker to Deliver Buy-Sell Expertise to Dealerships in Maryland, Virginia and Delaware

CBM has been named by the LabNation brokerage network as the select accounting broker for dealerships in Maryland, Virginia and Delaware seeking expertise in buy-sell transactions. LabNation, a multiple listing service, provides owners of dealerships with direct access to accounting and legal services professionals who have developed specialized expertise related to the purchase or sale of a business. Read our announcement.

Our professional services team offers auto dealerships the following services:

• Budgeting & Cash Flow Management
• Business Plans & Operations Reviews
• Business Valuations
• Buy-Sell Agreements
• Cost Segregation Analysis
• Department Expense Control
• Equipment Management & Control
• Financial Statement Audits, Reviews & Compilations
• Financing Arrangements
• Forensic Accounting
• Last-In, First-Out (LIFO) Inventory
• Leasing Operations Analysis
• Mergers & Acquisitions
• Operating Statement Analysis
• Succession Planning
• Support & Analysis
• Tax Planning and Compliance

CBM’s Auto Dealership Team Expertise

CBM is familiar with auto dealer accounting complexities and transactions. Our staff is trained and certified on dealer management software (DMS) systems. Our membership in trade and industry groups such as the Washington Area New Auto Dealers Association, the Virginia Automobile Dealers Association, the Maryland Auto Dealers Association, AutoDealerCPAs and the National Alliance of Auto Dealer Advisors, provides us with insight into the tax, regulatory and operational issues you face. Our automotive teams spend countless hours in training and seminars following the tax law and analyzing its impact on your industry. This knowledge minimizes problems and helps you to take advantage of tax-saving opportunities.