1. Stop being a LURKER - join our dealer community and get involved. Sign up and start a conversation.
    Dismiss Notice

Walmart Selling Cars - 1 year later (CarSaver)

Discussion in 'Automotive News, Press Releases, and Events' started by Jeff Kershner, Mar 23, 2018.

This forum sponsored by...
  1. Jeff Kershner

    Jeff Kershner
    Expand Collapse
    Founder

    First Name:
    Jeff
    Dealer or Company Name:
    DealerRefresh & Mercedes-Benz of Hagerstown
    Joined:
    May 1, 2005
    Messages:
    3,437
    Likes Received:
    902
    Location:
    Maryland
    It's been almost 1 year since Walmart partnered with CarSaver - a digital automotive marketplace and car-buying program. They started off in 4 states - Georgia, Illinois, Indiana and Virginia as well as on a microsite on Walmart.com (one that I can't seem to find anywhere on Walmart.com)

    Walmarts partnership utilizes CarSaver's car dealer network which includes local dealerships throughout Georgia, Illinois, Indiana and Virginia. It also leverages its partnership with AutoNation, the nation's largest new-vehicle retailer.

    The CarSaver network also includes banks and insurance companies - in hopes to provide a better "customer experience," including upfront pricing. Once a buyer finds what they want, they are connected with a "express manager" to either test-drive or pick up the car at one CarSaver's participating local dealerships, which is typically within a 15-to-20-minute driving distance from a Walmart supercenter.

    Where is CarSaver making their money? Automotive News reported that upon making a sale, the dealership pays CarSaver a fee of $350 in most states.

    A CarSaver website claims the partnership will help dealers sell more cars by reaching Walmart’s 250 million customers and 1.7 million employees. CarSaver CEO is the industry infamous Sean Wolfington.

    Another big box / non automotive originating retailer desperately trying to break into the car business.

    Will this be the one that works?
     
    Collapse Signature Expand Signature
    • Like Like x 1
  2. This forum sponsored by...
  3. Alexander Lau

    Alexander Lau
    Expand Collapse
    Sr. Refresher

    First Name:
    Alex
    Joined:
    Feb 11, 2015
    Messages:
    2,138
    Likes Received:
    406
    Location:
    Mars, PA
    I think the verdict is still out here. I posted a thread on this not long ago, but it died. Yeah, Wolfington.
     
    Collapse Signature Expand Signature
  4. ChrisR

    ChrisR
    Expand Collapse
    Refresher

    First Name:
    Christian
    Dealer or Company Name:
    Findlay Auto Group
    Joined:
    Oct 12, 2015
    Messages:
    126
    Likes Received:
    62
    Location:
    Prescott, AZ
    Let's revive an old thread. CarSaver (for our location) has been an absolute waste of time. We have sold one car since being on the product for over a year. We went a week without receiving a lead from someone closer than 1,000 miles. There anonymized phone numbers only work for a few days, before stopping working, so if you can't reach the customer within that small window, you're out of luck.

    Anybody else use it, and have any luck whatsoever? I have a cancellation email saved in my draft folder, in the event there is an a-ha! idea that can be shared to work on these leads. Overall, we're generally in double digit closing ratio for our internet leads, so I know fairly confidently that my team isn't 100% of the issue.
     
  5. Alex Snyder

    Alex Snyder
    Expand Collapse
    President Skroob

    First Name:
    Alex
    Dealer or Company Name:
    DealerRefresh
    Twitter Handle:
    axsnyder
    Joined:
    May 1, 2006
    Messages:
    2,741
    Likes Received:
    1,015
    Location:
    Vermont
    Costco, Walmart, Sams Club, Best Buy, JC Penny, and Nordstrom are all great retailers that don't sell cars directly. Navy Federal, Bank of America, and Capital One at least have a part to play in the purchase of an automobile. I would rather get leads from a company that a consumer would consider talking to about a car purchase. When I'm buying shoes, I don't hit up my local BMW store. When I'm searching for a car I sure as shit don't go to Nordstrom. It doesn't even enter my mind.

    The Walmart or Costco shopper that falls for the lead form is usually a bit far away from actually making the purchase. Or they're expecting some sort of blue light special.

    When Walmart has a brand name, like KBB or Cars.com, as a trusted car-buying data source then those leads might make more sense to buy.

    The technology (CarSaver) behind their platform is strong though. If they continue to make investments like that they might start converting shoppers who better fit what a dealer needs.
     
  6. ChrisR

    ChrisR
    Expand Collapse
    Refresher

    First Name:
    Christian
    Dealer or Company Name:
    Findlay Auto Group
    Joined:
    Oct 12, 2015
    Messages:
    126
    Likes Received:
    62
    Location:
    Prescott, AZ
    I agree with 90% of what you said, for the stores I have worked at, Costco leads close insanely well, and quickly for me. Otherwise, agree. Add to that, the Walmart shoppers are not traditionally shopping for items at a price point that I am offering. Will be cancelling CarSaver for now, and may revisit it, if they start to do better in the market, in the future.

    Thanks for the insights.
     
    • Like Like x 1

Share This Page

This forum sponsored by...