Client Corner: Ramp Motors

Ramp Motors has a history of providing and receiving profound loyalty since their humble beginnings. They have exclusively sold Ford vehicles since Alfred Rampone began operations in 1944. Many employees remain with the dealership for two, and even three decades, and clients return again-and-again to purchase vehicles and for parts and repair. It’s this loyalty that has allowed the dealership to remain family-owned and independent as generations of Rampones have been at the helm. What began with Alfred was passed down to his son Charlie and then his grandson, Wayne Sr. Today, brothers Wayne Jr. and Steven Rampone, great grandsons of Alfred, operate the dealership, alongside their father, and carry on their family legacy.

Throughout the years, employees and customers have been like family to the Rampones. When you walk through the door, they know who you are and more than likely know your family as well.

For as long as Wayne Jr. can recall, Ramp Motors has relied on the CPAs at Markowitz, Fenelon & Bank (MFB) for general business consultation, tax planning and preparation and accounting oversight. In addition to the dealership, MFB also provides advisory and tax services for a leasing company, a number of real estate investments and supports the owners with their personal taxes and estate planning.

The long-term relationship with MFB has been invaluable to the Rampones. The firm knows the needs of Ramp Motors and they understand the regulations and oversight within the industry. A couple times a year, Tom Terry, CPA at MFB, and his team come out to the dealership to meet with the family. The knowledge they have about the dealership’s operations is possible because of longevity of the relationship and this ensures that these meetings are productive and provide the best value to Ramp Motors.

“As a fourth-generation family business, it’s all about the relationships to us,” explains Wayne Jr.. “What sets MFB apart isn’t just their industry and tax knowledge, but it’s the relationship and trust that has been built over the years.”

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