Auto Dealerships

Auto Dealership Representation

The auto dealership sector has specific property tax management challenges for which we have solutions. As we represent an estimated half a billion dollars in value of dealerships across the country, we are considered experts in the industry. Dealership assets are considered special-use properties and are built for a single purpose which creates valuation issues that provide opportunities for reduction. They also are costly to construct and typically see high-traffic. To accurately value these facilities, our team studies market rates and develops similar sales comparisons. Years of experience in Vehicle Inventory Tax filings has strengthened through the years, we have become a one-stop shop for a dealership’s state and local tax needs.

Real Property

Every year, our team appraises thousands of commercial properties nationwide for taxation purposes. We ask the right questions, execute the right strategies, and secure the best tax position for our clients, specializing in many areas of CRE to include industrial, office, fast food, convenience stores and more.

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Personal Property

Our experienced team understands the opportunities available with personal property. It is simply not a compliance function and we believe strongly that a market approach while taking into account obsolescence in this area can yield significant tax savings.

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14%

Average Reduction in value in Auto
Dealerships from prior year value

$300 Million

Approximate Value
under KEA management

The Property Tax Cycle

01

FILE

At the beginning of the year, our team will request pertinent information that is crucial for the aggressive filing of renditions and the analysis of real property. Strategy begins with good information.

02

ANALYZE

Once we’ve received all of the facts on your properties allowing us to perform appraisals, we begin the process of reviewing notices of value as they are issued by the local jurisdictions to determine cases of over-valuation.

03

NEGOTIATE

In cases of over-valuation, KE Andrews will reach out to local assessors and appraisers to aggressively negotiate both informally, and formerly at board hearings in cases where an informal agreement can’t be reached.

04

PROCESS

After values are finalized, we provide annual reports for accrual purposes, and we begin to process your tax bills for payment as they come. We integrate with your accounting systems making the process quick and painless.

Get in touch with one of our experts

Giving you insights into the property tax process

Client Dashboard

Our client dashboard is designed to put real-time insights and executive oversight tools into your hands. We put your data to good use, allowing for important KPI’s to be understood at your fingertips. See your property tax position and portfolio with transparency like never before.

The Benefits of Our Services

Better Valuations

We are not just a compliance firm. We go after every opportunity to return revenue to your bottom line. Our aggressive but fair approach has been a hallmark of our organization since inception.

Better Service

The customer is at the heart of our business, and your needs are our priority. You will see a marked increase in responsiveness and care to you as a KEA client.

Better Reporting

Customer satisfaction is the most important facet of our business, something measured by our responsiveness to clients. We pride ourselves on the structure and team that we’ve built to exceed your expectations on response times and data delivery.

Better Accruals

Accruals for some companies can be of equal or greater importance than securing the lowest valuations. The systems we’ve designed around accruals and complex multi-state portfolios are second to none.

Better Integration

Our custom designed software allows for seamless integration with your accounting systems making us more than just a tax firm. We are your tax department down the hall.

Better Relationships

Our nationwide footprint of service currently operating in 76% of the counties in the US has allowed us to foster relationships with local assessors that span decades. This translates into better negotiations, and better results.

The Latest News From Our Team

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Read more about current news and insights from our commercial real estate team here at KE Andrews.

Our team at KE Andrews provides a centralized place for all relevant news and legislation. Our team also provides thought leadership and insights on topics that are in the news.