CDK Releases New Data about Gen Z Car Shoppers

CDK Releases New Data about Gen Z Car Shoppers

The study finds gen z car shoppers spend more time researching and find the purchase process more difficult than older generations.

In a recent survey, CDK Global, Inc. asked more than 1,100 shoppers of all ages who recently purchased a vehicle about the car buying experience. It found Gen Z car shoppers, most of whom were buying their first car (56%), were least likely to recommend their dealership experience than older generations with a net promoter score (NPS) of just 32, compared to an NPS of 49 for millennials and 53 for baby boomers.

With Gen Z most interested in understanding all their options (81%) compared to millennials (73%), Gen X (60%) and baby boomers (45%), the need for education — both online and from a knowledgeable representative at the dealership — proves to be critical.

The survey results also show deeper insights into Gen Z car shoppers, such as:

  • They found it more difficult to buy a car online (22%) than any other generation.
  • Waiting on a salesperson ranked near the top of thier list of friction points at the dealership, and 45% ranked it as the most frustrating part of buying a car.
  • They were much more likely to buy luxury brands (39%) compared to millennials (73%), Gen X (27%) and baby boomers (12%).

“Buying a car is much more complex than buying a smartphone. Consumers are presented with seemingly endless options like trim levels, stand-alone features, accessories, service packages, financing and insurance,” said Joe Tautges, COO, CDK Global. “In today’s world of simple and convenient shopping experiences, we not only have to make cars easier to buy, but we also have to meet consumers where they are based on their unique needs. By implementing more seamless processes at the dealership, sales departments can work more efficiently and spend more quality time with their customers explaining products and processes in greater detail.”

For more information on this survey, including additional generational insights on car shoppers, download the white paper here.

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