Let me reframe my question: Dealers, why not offer customers the option to finalize the sale of their vehicle purchase 100% online? A process where customers can test drive a vehicle, go home, and then complete the purchase online. According to the 2023 Cox Automotive Buyers Survey, buyers are moving towards omnichannel experiences. In 2023, 50% of buyers purchased vehicles in person, 43% used a mix of online and offline methods, and 8% completed their purchases fully online. When asked how they see themselves purchasing their next vehicle, 8% said in person, 71% said a mix of online and offline, and 21% said fully online.
Says a lot how the in person experience is going.
I don't think 100% online is the way to go, at least not until virtual viewing technology improves significantly. But wouldn't it be more efficient to have a transparent online checkout and purchase experience?
When I purchased a house, I didn't sit with the seller for 2.5 hours at the property. I looked at the house, went home, got offer/did paperwork online, come the day of closing I picked up the keys from the title co and walked out with a new house.