Online Auto Sales, a Rising Trend Post COVID-19: The Michael Oz, Online Auto Broker Since 2012, Launching Online Luxury Car Subscriptions & Yacht Charters in Palm Beach
Fort Lauderdale, FL, September 21, 2020 –(PR.com)– The pandemic has resulted in auto sales plummeting globally – a quarterly decline of 10.4 percent for sales in the U.S. was reported at the end Q1 2020. However, as there is a record-breaking increase in e-commerce across industries, online car buying options are emerging as increasingly appealing to consumers in times of COVID-19. What may have been an extra feature, touchless delivery, has become the new norm.
The COVID-19 crisis may have upended auto sales throughout USA, but it has certainly accelerated online sales for the auto industry, making it the latest trend for car dealers, retailers, and even manufacturers. That’s now, but for the past decade or so, this industry has been largely reluctant to embrace online sales due to the fear of disrupting their profitable showroom operations. Although, a few manufacturers like Tesla have been selling vehicles online for years,