Servco to buy Big Island Toyota for $42.5 million

The De Luz family is selling its dealership to Oahu automotive retailer Servco, ending a more than 60-year-old legacy of selling cars on Hawaii island. “We don’t know a life without Big Island Toyota,” said Jan De Luz at a Friday meeting of the state Board of Land and Natural Resources. “But we’re not spring chickens. And we don’t have successors — that’s our biggest issue.” De Luz said the sale to Servco will include Toyota locations in Hilo and Kailua-Kona for a total purchase price of $42.5 million, not...