Price Automotive
Price Automotive Group is a privately held, multi-franchise dealership group operating eight Honda, Toyota, and Acura rooftops across Delaware, serving individual retail consumers with new, certified pre-owned, and used vehicles alongside parts, service, powersports, and marine divisions.
- Company typePrivate
- Founded-
- HeadquartersNewark, United States
- Headcount101–250
- GTM typeB2C
- OfferingServices
What Price Automotive does
Price Automotive Group is a privately held, multi-franchise automotive dealership group headquartered in Newark, Delaware, operating eight retail rooftops across the state under wholly owned subsidiaries including Price Honda, Price Acura, Price Toyota, Newark Toyota World, Price Premier, Diamond Motorsports, and Short's Marine. The group's core business is new vehicle sales of Honda, Toyota, and Acura franchises, complemented by a pre-owned and certified pre-owned inventory (Chevrolet, GMC, Ford, Mercedes-Benz and others), with a stated inventory of 600+ new and 400+ pre-owned vehicles across automotive, powersports, and marine categories. Adjacent revenue is generated through dedicated powersports (motorcycles, ATVs via Diamond Motorsports) and marine (boats via Short's Marine) operations.
The company makes money primarily through one-time vehicle sales across new and pre-owned categories, with transaction-based parts and service revenue from factory-trained technician teams operating extended hours and collision center capacity. A differentiating retention program, Price Forever, layers lifetime engine and powertrain coverage, a lifetime parts and service guarantee, and up to 20% back in service rewards onto qualifying vehicle purchases, effectively creating a recurring service economics overlay on top of the one-time sale. Go-to-market is a traditional dealership field-sales model: physical showrooms, test drives, financing and trade-in support, online scheduling, and shuttle service, with marketing concentrated on the priceautogroup.com website, organic search, service specials, and direct customer outreach. Customer segments are horizontal — individual consumer and retail buyers across six Delaware cities (Newark, Frederica, Lewes, Milford, Rehoboth Beach, Dover) — with no disclosed enterprise, fleet, or B2B channels.
Underlying technology is conventional dealership infrastructure (online inventory search, scheduling, financing tools, OEM-certified parts and service systems) with no proprietary technology, no API/SDK offering, no disclosed integrations, and no AI/ML capabilities. The group is privately held with no disclosed parent company, private equity sponsor, or institutional investors, and no funding rounds, M&A, regulatory actions, or leadership changes are documented in the source data beyond a single named CFO.
Price Automotive firmographics
Firmographics- Name
- Price Automotive
- Legal name
- Price Automotive Group
- Website
- https://priceautogroup.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Price Automotive Group is a privately held, multi-franchise dealership group operating eight Honda, Toyota, and Acura rooftops across Delaware, serving individual retail consumers with new, certified pre-owned, and used vehicles alongside parts, service, powersports, and marine divisions.
- Ownership category
- akta.pro rank
Where Price Automotive is headquartered
LocationHeadquarters
- HQ city
- Newark
- HQ country
- United States
- HQ region
- North America
Offices7 records
Markets served
Price Automotive business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- Vehicle Sales: Sales of new Honda, Toyota, and Acura vehicles along with certified pre-owned and general used vehicles across automotive, powersports, and marine categories. The group carries 600+ new and 400+ pre-owned vehicles.
- Parts and Service: Sales of vehicle parts and service/repair maintenance. Factory-trained technicians provide maintenance and repairs. Extended service and collision center hours available.
- Price Forever Program: Lifetime engine and powertrain coverage on qualifying vehicles, lifetime parts and service guarantee from factory-trained technicians, and up to 20% back in service rewards.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | New Acura vehicles |
| One time/ perpetual license | Pay-as-you-go | New Toyota vehicles |
| One time/ perpetual license | Pay-as-you-go | New Honda vehicles |
| Transaction based/ take rate | Pay-as-you-go | Service and parts |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Price Automotive product offering
Product offeringCore offering
Price Automotive Group is a multi-franchise automotive dealership group operating 8 locations across Delaware, selling new Honda, Toyota, and Acura vehicles alongside pre-owned and certified pre-owned vehicles, powersports, and marine products. It also provides vehicle service, parts, repairs, and financing, differentiated by its Price Forever Program offering lifetime engine/powertrain coverage.
Product overview
Price Automotive Group is a multi-location Honda, Toyota, and Acura car dealership operating 8 locations across Delaware. The company operates as a unified dealership group offering new vehicle sales (Honda, Toyota, Acura), pre-owned vehicle sales across multiple brands, certified pre-owned (CPO) vehicles, and comprehensive vehicle service/repair operations. The group also includes powersports (Diamond Motorsports) and marine (Short's Marine) divisions. The Price Forever Program provides lifetime engine/powertrain coverage and service guarantees as a key differentiator. The company emphasizes transparent upfront pricing and operates factory-trained service departments.
Differentiator
Problem solved
Functional benefit
Brands
- Price Forever Program: Lifetime engine and powertrain coverage on qualifying vehicles with lifetime parts and service guarantee from factory-trained technicians, plus up to 20% back in service rewards.
Products and services
- New Vehicle Sales (Honda, Toyota, Acura) Sale of new Honda, Toyota, and Acura vehicles, with over 600 new vehicles available across the dealership group, for individual consumers.
- Pre-Owned Vehicle Sales Sale of pre-owned vehicles across multiple brands including Chevrolet, GMC, Ford, Mercedes-Benz, and others, with 400+ pre-owned vehicles in inventory.
- Certified Pre-Owned (CPO) Vehicles Certified pre-owned Honda, Toyota, and Acura vehicles that have passed manufacturer inspection standards.
- Vehicle Service and Repair Full-service maintenance and repair department offering oil changes, tire services, transmission service, brake system repair, engine diagnostics, warranty repairs, and more from factory-trained technicians.
- Price Forever Program Lifetime engine and powertrain coverage plus lifetime parts and service guarantee for qualifying vehicles, along with up to 20% back in service rewards.
- Powersports and Marine Motorcycles, ATVs, boats, and related powersports and marine vehicles available through Diamond Motorsports and Short's Marine locations.
- Financing Services Auto financing, leasing options, and trade-in valuation services through partnerships with trusted lenders.
Quantifiable outcome
- Lifetime engine and powertrain coverage on qualifying vehicles
- +1 more outcomes
Companies that use Price Automotive
Customer profileSegments1 record
Ideal customer profiles1 record
Price Automotive technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Price Automotive partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- HondacoreAuthorized Honda dealership operator offering new Honda vehicles, Honda parts, and Honda maintenance/repair services through Price Honda location in Dover, DE.
- ToyotacoreAuthorized Toyota dealership operator offering new Toyota vehicles, Toyota parts, and Toyota maintenance/repair services through Price Toyota (New Castle) and Newark Toyota World locations.
- AcuracoreAuthorized Acura dealership operator offering new Acura vehicles, Acura parts, and Acura maintenance/repair services through Price Acura location in Dover, DE.
- Short's MarineminorMarine dealership partnership offering boats and marine vehicles. Located in Millsboro, DE with service capabilities.
Scale indicators4 records
Recent moves4 records
Expansion highlights4 records
Price Automotive competitors and assessment
Company assessmentEmerging players
- Vroom: Online used-car retailer with home delivery. Adjacent competitor in used-vehicle e-commerce; relevant peer for assessing the long-run threat of disintermediation to Price Automotive's physical-only used-car channel.
- Carvana: Online-first used-vehicle retailer with home delivery and vending-machine pickup. Represents the digital-native retail model that threatens traditional dealers like Price Automotive with a fully online purchase experience.
Broad incumbents
- CarMax: Largest U.S. used-vehicle retailer with no-haggle pricing and a hybrid physical/online model. Comparable used-vehicle retail focus and transparent-pricing value proposition, though CarMax does not sell new vehicles or operate franchise service.
- Penske Automotive Group: Diversified global automotive retailer with premium and luxury franchise focus plus commercial truck retail. Comparable franchise-dealer business model though with a more premium-skewed brand mix than Price Automotive.
Direct peers
- AutoNation: Largest U.S. franchised auto retailer operating ~300+ stores across multiple brands and geographies. Highly comparable multi-franchise, multi-location dealership model with new, used, and parts-and-service revenue streams.
- Sonic Automotive: Franchised dealer group with EchoPark used-vehicle standalone stores alongside traditional franchised dealerships. Closely comparable mix of franchise new-car, used, and parts/service revenue.
- Group 1 Automotive: Multi-franchise U.S. and U.K. automotive retailer with overlapping OEM brand mix (Toyota, Honda) and similar new/used/service revenue model. Operates a comparable physical-showroom-led GTM with online inventory browsing.
- Asbury Automotive Group: U.S. franchised dealer group with ~150+ stores focused on Sunbelt and Mid-Atlantic/Southeast regions. Directly comparable multi-brand franchise platform and service-center operating model.
- Lithia Motors: One of the largest U.S. franchised dealer groups with a roll-up acquisition strategy and stores across multiple states. Directly comparable business model of new/used vehicle retail plus service operations.
Regional players
- Hertrich Family of Dealerships: Privately held multi-franchise dealer group based in the Mid-Atlantic (DE/MD/PA) with comparable brand mix and group-store operating model. Strong regional overlap with Price Automotive's Delaware footprint.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Price Automotive social profiles
Digital presencePrice Automotive financial estimates
Financial estimateRevenue estimate
Valuation estimate
Price Automotive leadership team
Management profileNumber of profiles
Profiles1 record
Price Automotive subsidiaries and ownership
Company hierarchySubsidiaries7 records
Price Automotive funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Price Automotive M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Price Automotive
What does Price Automotive do?
Price Automotive Group is a multi-franchise automotive dealership group operating 8 locations across Delaware, selling new Honda, Toyota, and Acura vehicles alongside pre-owned and certified pre-owned vehicles, powersports, and marine products. It also provides vehicle service, parts, repairs, and financing, differentiated by its Price Forever Program offering lifetime engine/powertrain coverage.
Is Price Automotive a public or private company?
Price Automotive is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Price Automotive founded?
Price Automotive was founded in -1. It employs 101 to 250 people.
Where is Price Automotive based?
Price Automotive is headquartered in Newark, United States, in the North America region.
How does Price Automotive make money?
Three revenue lines are on record. Vehicle Sales are the primary driver. The others are parts and Service and price Forever Program.
Who are Price Automotive's main competitors?
Emerging players on record are Vroom and Carvana. Broad incumbents are CarMax and Penske Automotive Group. Direct peers are AutoNation, Sonic Automotive, Group 1 Automotive, Asbury Automotive Group and Lithia Motors. Hertrich Family of Dealerships is listed as a regional player.
Does Price Automotive have an API?
No public API is recorded for Price Automotive.