Today’s new-vehicle buyers are considering fewer models and shopping fewer dealers.
In fact, on average, buyers physically shop only 3 models, one of which they buy.
But what are the reasons these shoppers purchase vs. avoid?
According to the recently released J.D. Power 2016 U.S. Auto Avoider StudySM, exterior styling is the top reason shoppers buy a particular model. It is also the top reason to avoid a particular vehicle, followed by the vehicle costs too much and interior styling.
To find opportunity where your dealership can pull these new-vehicle shoppers away from your local competitors, please visit mypowerdealer.com.
Thanks for watching, stay tuned for the next edition of “Power Minute”!