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ONLY 7% of buyers report purchasing entirely online - Digital Retailing FAILED?

Jeff Kershner

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May 1, 2005
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7% of buyers report purchasing entirely online
7% of buyers report purchasing entirely online
7% of buyers report purchasing entirely online
7% of buyers report purchasing entirely online
7% of buyers report purchasing entirely online

According to the latest Cox Automotive Car Buyer Journey Study: Report Summary 2025
ONLY 7% of buyers report purchasing entirely online.

ALL that damn work during the Covid years, manufacturers shoving online buying services down our throats and making it MANDATORY to have on our dealer websites. Company after company scrambling to capitalize. Acquisitions to have a solution to for dealers.

"Digital Retailing" wasn't just the new buzzword in the industry, TOTAL - from beginning to end online vehicle purchasing was going to revolutionize how dealers sold vehicles and how consumers were going to save time buying their next vehicle from a dealership.

BUT DID IT?

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Dealers scrambled to offer a solution to this new wave of online BUYERS. BUT in many cases it proved to be a nuisance, became a commodity of the tech bundle and another standard service the OEMs forced upon us.

Most of us gave it an honest effort to make it work but seems as if MOST of us in the business and on the dealer side already KNEW how it was going to end.

Here we are, 5 years later and only 7% of buyers report purchasing a vehicle entirely online.

What happened - Are you surprised?