Too many car dealers are missing out on government programs and tax breaks that can greatly offset the costs of building, expanding or remodeling dealerships. So say executives of Location Management Services.
The Mission Viejo, Calif., company promises to help dealers identify benefits for which they qualify -- local, state and federal -- and then collect.
The amounts are big, company President Jim Renzas says in a promotional video. He cites an automotive training center that got a five-year, $3 million property tax abatement. A dealership client got an $800,000 sales tax rebate.
Executive Vice President John Schuetz told Automotive News that Location Management Services works with several hundred dealerships. Some referrals come from a new tie-in with the American International Automobile Dealers Association.
Location Management Services says it also has links to AutoNation Inc., Conant Auto Retail Group, Gulf States Toyota Inc., some state dealer associations and several import-brand automakers.
Schuetz said two dealership clients expect tax breaks soon: Musson Patout Automotive Group of New Iberia, La., and Hudiburg Auto Group of Midwest City, Okla. Executives of both companies declined to comment.