{"id":1742,"date":"2017-06-30T21:14:13","date_gmt":"2017-06-30T15:44:13","guid":{"rendered":"http:\/\/autofacets.com\/insights\/?p=1742"},"modified":"2020-08-17T14:45:56","modified_gmt":"2020-08-17T09:15:56","slug":"would-you-buy-a-new-car-completely-online","status":"publish","type":"post","link":"https:\/\/www.autofacets.com\/insights\/would-you-buy-a-new-car-completely-online\/","title":{"rendered":"Would you buy a new car completely online?"},"content":{"rendered":"<h4>Montreal dealership first to offer complete service, but it&#8217;s not like you&#8217;re buying a book from Amazon<\/h4>\n<p>&nbsp;<\/p>\n<p>The first time I bought a computer I roamed around a store bewildered by dozens of different machines set up and running, each perhaps better than the last but all of them different. I finally pointed to the one I could afford that promised to do the things I needed and left the store, boxes of confusion stuffed in my trunk.<\/p>\n<p>Today, I order everything online and a nice man in brown shorts delivers it all the next day. It\u2019s easier, cheaper and I definitely get a better product. After all, I sat on my previous computer and sourced it all out, my brain uncluttered by store noise. What could be better?<\/p>\n<p>How about buying a car this way?<\/p>\n<p>Chambly Honda in Montreal has partnered with 360 Solutions &amp; Consultations, a Montreal agency that specializes in e-commerce strategy; their philosophy is to find a simple solution to your complex problem. Is purchasing a car a complex problem? Is buying one entirely online the simple solution consumers will flock to? 360 started developing its online car buying platform three and a half years ago; Chambly is the first of 30 dealers across Canada to launch it for\u00a0<i>new\u00a0<\/i>car sales, though Performance Auto Group beat them to the punch for online\u00a0<i>used<\/i>\u00a0car sales called\u00a0<a href=\"http:\/\/zoom.ca\/\" target=\"_blank\" rel=\"noopener\">zoom.ca<\/a>, also a 360 product.<\/p>\n<div id=\"enhanced-hyperlinks\" class=\"enhanced-hyperlinks\" data-url=\"http:\/\/driving.ca\/auto-news\/news\/motor-mouth-the-future-of-car-buying-is-online-or-is-it\"><\/div>\n<p>Chambly dealer principal Louis-Martin Racicot sees it as a natural progression as more consumers, especially millennials, find it totally normal to do everything online. He notes that car buyers now do far more research online, and land in showrooms armed with more independently sourced information than ever before.<\/p>\n<p>\u201cWe will be looking at three types of situations,\u201d he says. \u201cOne hundred per cent online transactions, and [two] hybrid versions: those that start out in the showroom and are finalized online, and those that begin online and are finished in the showroom.\u201d Racicot began seriously looking at the complete online sales platform about 18 months ago, and admits the launch this week has brought a lot of curiosity \u2013 not just from reporters, but from his colleagues in the industry. \u201cSome are happy, some are less so,\u201d he laughs. \u201cThe first to try something new takes the biggest risks.\u201d Having said that, while it\u2019s tough to anticipate what portion of his sales will be increased by the undertaking, he feels confident buyers will respond.<\/p>\n<p>Louis-Yves Cloutier of 360 makes the case that an increasingly self-serve market will embrace a purchasing cycle that they can control. \u201cDealers can open a quote and start building a transaction, but buyers will control more of the process.\u201d Showroom pressure has made the Internet a car buyer\u2019s refuge; is this type of platform the natural conclusion of the process? How far will buyers actually go to stay out of the dreaded finance and insurance room?<\/p>\n<p>I asked Racicot how he planned to handle the inevitable: buyer\u2019s remorse. One of the most popular parts of ordering things online is knowing you can return it, usually at the seller\u2019s expense. We may be used to the concept of buying, but we also take for granted the un-buying.<\/p>\n<p>\u201cIf you do a transaction 100 per cent online, we want a customer to be happy. It will be case-by-case basis, but there will be a five-day, 500-kilometre buffer zone if someone genuinely needs to make a change. That might be a different vehicle, or a full refund.\u201d He\u2019s cautious about broad money-back guarantees; a vehicle is not a pair of jeans, and consumers entertaining purchasing this way should examine every part of a contract before they sign, just as they would in a showroom. The law doesn\u2019t have a cooling-off period for car purchases, so get any stipulations surrounding an online contract in writing as well.<\/p>\n<div id=\"enhanced-hyperlinks\" class=\"enhanced-hyperlinks\" data-url=\"http:\/\/driving.ca\/toyota\/auto-news\/news\/six-tips-to-help-you-save-money-and-time-at-the-dealer\"><\/div>\n<p>Not everyone thinks this will even be an issue, however. J.P. Ostiguy is the e-commerce manager for Alta Group, and he disagrees with statistics indicating that the number of people wishing to conclude an entire car purchase online is climbing. \u201cIndustry stats showed us there was actually a drop of about 10 per cent between 2015 and 2016,\u201d he says. \u201cWe sell thousands of cars, and while the use of the Internet for research increases year after year, people still want that in-person experience when it comes to the final decision.\u201d He even singles out the younger buyers as being more involved in the tactile experience, despite an assumption that generations raised with touchscreens will eschew more traditional methods on something as expensive as a vehicle.<\/p>\n<p>And if buying a car online is the way we\u2019re headed, why \u2013 besides outliers like Tesla \u2013 aren\u2019t we seeing more of it? Why isn\u2019t a giant like Amazon at the front of the line?<\/p>\n<p>Racicot says it\u2019s not a true comparison. \u201cYou need specialists,\u201d he says. \u201cWe deal with financing matters \u2013 buying, leasing \u2013 and issues of warranty and things like that. It\u2019s not like shopping from a catalogue.\u201d The \u201cthings like that\u201d no doubt include the hammer part of a traditional sale \u2013 the clearcoat and the rustproofing and the nitrogen in the tires. Just as I\u2019m ready to brush off the online sales idea as too gimmicky, too simplified, I admit that this is the one portion of the sales game where the consumer might actually come out ahead. That pressure game is the number one turn off, judging by commentary from my viewers and readers. Out of the crucible of that business office, which feels more like detention than a shopping experience, might we actually feel better about our purchase?<\/p>\n<p>I asked Cloutier whether the numbers show people shunning the add-ons without the intimidation that many experience. While it\u2019s still early going, some early adopters of the platform in the used car market are actually showing significant numbers of buyers taking the extras; he attributes it to consumers moving through the process at their own pace, and making decisions based on sourced information rather than a need to finish the deal.<\/p>\n<p>While online shopping for most things is totally normal, are we going to see cars head the same way? I\u2019m actually torn about the idea that millennials will embrace this. I know far more boomers who walk into a showroom and say, \u201cGive me another one of what I\u2019m already driving,\u201d when a lease is up than I do millennials who would do the same. I\u2019ve done it myself. I\u2019d say\u00a0<i>that\u00a0<\/i>is who would be more willing to take a risk with a dealer they know on a product they\u2019re familiar with.<\/p>\n<p>Cloutier believes no seller should try to target who might or might not embrace this type of technology, to simply offer it up.<\/p>\n<hr \/>\n<p>Author &#8211;\u00a0Lorraine Sommerfeld<\/p>\n<p>Courtesy of <a href=\"http:\/\/driving.ca\/auto-news\/news\/would-you-buy-a-new-car-completely-online\" target=\"_blank\" rel=\"noopener noreferrer\">Driving\u00a0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Montreal dealership first to offer complete service, but it&#8217;s not like you&#8217;re buying a book from Amazon &nbsp; The first time I bought a computer I roamed around a store bewildered by dozens of different machines set up and running, each perhaps better than the last but all of them different. I finally pointed to&nbsp;<\/p>\n<p><a class=\"btn btn-style\" href=\"https:\/\/www.autofacets.com\/insights\/would-you-buy-a-new-car-completely-online\/\">Continue Reading<\/a><\/p>\n","protected":false},"author":3,"featured_media":1743,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[99],"tags":[],"class_list":["post-1742","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dealers"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.autofacets.com\/insights\/wp-json\/wp\/v2\/posts\/1742"}],"collection":[{"href":"https:\/\/www.autofacets.com\/insights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.autofacets.com\/insights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.autofacets.com\/insights\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.autofacets.com\/insights\/wp-json\/wp\/v2\/comments?post=1742"}],"version-history":[{"count":2,"href":"https:\/\/www.autofacets.com\/insights\/wp-json\/wp\/v2\/posts\/1742\/revisions"}],"predecessor-version":[{"id":1745,"href":"https:\/\/www.autofacets.com\/insights\/wp-json\/wp\/v2\/posts\/1742\/revisions\/1745"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.autofacets.com\/insights\/wp-json\/wp\/v2\/media\/1743"}],"wp:attachment":[{"href":"https:\/\/www.autofacets.com\/insights\/wp-json\/wp\/v2\/media?parent=1742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.autofacets.com\/insights\/wp-json\/wp\/v2\/categories?post=1742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.autofacets.com\/insights\/wp-json\/wp\/v2\/tags?post=1742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}