covid-19

When shopping for vehicles, or anything really, consumers have already been doing most of their “shopping” and research online. This has been happening for years, so the birth of Carvana, Vroom and business like them are no surprise. But the traditional dealer can and should be competing with these online retailers. Online selling is the natural progression of car sales in the 21^st century.

Used car sales have been booming amidst Covid-19 and there is more to go around in the coming months. The demand for purchasing a vehicle hasn’t completely disappeared despite the economic downturn. If anything, people who used to rely on public transportation and ride sharing services are now faced with the need for their own vehicle. With many buckling down their budgets and personal finances, used versus new is a no brainer.

Science says it takes 66 days to form a new habit. Most people started self-quarantine in the beginning of March, so things will probably never go back to how they were before Covid-19. We’ve all changed a little - businesses and individuals.

The Coronavirus has traveled long and far to make it to the U.S. and wreak havoc on many things. Aside from the abrupt increase in hospital stays and unfortunate deaths, this virus also has obviously affected the economy and the automotive industry.

The problems started in China where many manufacturing plants have been shut down since early this year with no production in motion. The risks were too high to have sick workers come in, masked or not, so things came to a fast halt.