Research by eBay Motors Group has showed that 56% of car buyers “definitely” want to visit a dealership as part of their next car purchase, with 24% saying they would “probably” visit.
Used car retailers increased their stock turn by 11.8% month-on-month as demand for vehicles continued to drive up values at auction houses across the UK, according to Cox Automotive and eBay Motors Group.
Car dealers’ used vehicle stock levels have declined by 30% as post-lockdown demand among buyers leaves businesses “grappling” with the challenge of securing fresh product for their forecourts.
Three-quarters of those actively searching for a used car (76%) intend to purchase within three months of the Government’s lockdown restrictions being lifted, according to eBay Motors.
The eBay Motors Group has extended its offer of free classified advertising until the easing of COVID-19 coronavirus lockdown measures as CarGurus maintained its 50% discount to car dealers.
The AA, eBay Motor Group and JudgeService are among the latest suppliers to cut fees and offer free services in a bid to help the car retail sector through the COVID-19 coronavirus outbreak.
AM looks at the explosion in different online automotive offerings available in the UK and explores how this very crowded marketplace is affecting retailers.
Two in three car buyers search on at least three motor advertising websites when trying to find their next car, according to research by Insight Advantage
Motors.co.uk, Gumtree and eBay have come together under one brand, the eBay Motors Group, and will enable motor retailers to access their broad range of vehicle advertising services from a single point from 2020.
Perrys Motor Group has won the title of Branded Motors Franchise Dealer of the Year at the eBay Motors’ Awards, held last night.
