Consumers Agree: COVID-19 Has Forever Changed Vehicle Purchase Process - AutoSuccessOnline

Consumers Agree: COVID-19 Has Forever Changed Vehicle Purchase Process

More than three-quarters see some benefit to shopping for a new vehicle entirely online versus in-person, citing less pressure from salespeople and the convenience.

71% would limit the number of dealerships they visit right now due to health/safety concerns

Urban Science and The Harris Poll released data and insights from a June 2020 study of 1,505 consumers indicating that 61% of consumers agree that entire vehicle purchase process will change forever due to COVID-19.

More than three-quarters (78%) see some benefit to shopping for a new vehicle entirely online versus in-person, with about a third or more citing less pressure from salespeople (38%) and the convenience (37%) or safety (32%) of not having to leave the home. Though they see the benefits, even more (93%) express some concern with an entirely online new vehicle purchase process.  

“It’s important to note that one-third of consumers (36%) agree that there is no reason to ever visit a car dealership again,” said Simon Bradley, global practice director, network, Urban Science. “This is a wake-up call that alternative retail formats, such as brand experience centers, could have a role in changing consumer sentiment with a new safe, trusted and neutral brand representative.”

Further, 71% agree that they would limit the number of dealerships they visited if they were purchasing a new vehicle right now due to health and safety concerns.  Long-term, a quarter of adults think fewer people will do in-person test drives before buying/leasing (27%) and that more people will be willing to use virtual or augmented reality to experience a vehicle (25%) with nearly one-third (31%) believing sales departments will do more mobile visits to customers’ homes.

“It’s very clear that trust will be earned in new ways, and that a number of the adaptations the public has made during the pandemic are here to stay,” said Wendy Salomon, managing director, corporate strategy at The Harris Poll. “In automotive and elsewhere, companies must seek new, unique sources of value that build on the recalibrations we’re seeing.”

Finally, even once the pandemic subsides, over half say having dealership sanitation measures in place both within each vehicle (55%) and throughout the building (54%) are must haves to help customers feel safe when visiting the dealership.  

Links:
Urban Science

You May Also Like

Runway Growth Capital Provides Growth Investment to CarNow

The funding will enable CarNow to accelerate product development and enhance its suite of digital retailing solutions.

Runway Growth Capital, LLC (“Runway”), a provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, announced a $40 million commitment to CarNow, a live-data automotive technology platform that helps dealers elevate the car-buying experience by transforming the way they connect with customers.

Orbee and EMG Integrate to Activate Audiences

Orbee’s data management continues to expand with EMG’s white glove approach to CTV and streaming audio advertising.

Paralyzed Veterans of America Receives Donation from Penske

This is the tenth year that Paralyzed Veterans of America and the Penske Automotive Group have partnered together.

Audi Napa Valley Expands into Fairfield

A joint venture between Schomp Automotive Group and Third Set Partners, the latest addition to Fairfield Auto Mall will open May 1, 2024.

ACE Appoints Kamal to VP Role

Tariq Kamal has joined Automotive Compliance Education as vice president of operations.

Other Posts

Xcite Automotive Acquires Pinnacle Automotive

Xcite is also welcoming two new board members as the acquisition enhances efficiency and boosts dealership profitability.

CARFAX Car Listings Approved for GM’s IMR Turnkey Program

This new collaboration helps GM dealers, including Chevrolet, Buick, GMC and Cadillac, save time and stretch budgets.

AutoSuccess Welcomes Kyle Alexander    

Kyle Alexander joins AutoSuccess after three years in TV news where he was a multimedia journalist and meteorologist.

Kyle Alexander, multimedia journalist
Innovative LITESTIX Work Light by BendPak Now Lasts Longer

The larger battery keeps the rechargeable hands-free light shining bright for up to 7 hours, making it easier to work under the hood.