They aren't catering to only this subset. Dealers can offer more than one type of transaction, they just have to wrap their heads around that.My main take-away is distilled by these five words, "at least a subset are". Most dealerships can't exist catering to a narrow subset of the buying population - most, not all.
Keep an eye on this guy
I've said it before, but maybe it bears repeating: Carvana isn't after customers who hate dealerships.Carvana has carved out a significant niche catering to the consumer that HATES the current dealership sales process, but most (again, most) dealerships aren't ready to jump in with both feet.
Just because chocolate ice cream is better, doesn't mean I hate vanilla ice cream.
When I have this conversation with my younger coworkers and peers we almost always agree that purchasing online is better, but not one of them has ever said they hate or dislike the dealership process. Buying online is just easier and more straight forward.
Agreed fully. Change is hard, but in this case I'm starting to see it as a necessity.You bring up a very important point @craigh, moving to a 100% eCommerce model (or even a slightly more transactional model) requires either a one-price or reduced-negotiation pricing structure. Many dealers struggle with making this change - change is hard!
I think it will be a very slow transition, but I expect to see it move much quicker once the tools are readily available.
We're marking progress here