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Published byMartha Walton Modified over 6 years ago
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ARE UNSURE OF WHICH CAR TO BUY WHEN CAR SHOPPERS ENTER THE MARKET
60%
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PERSONAL RECOMMENDATIONS
86% OF SHOPPERS PLACE MEDIUM TO HIGH VALUE ON PERSONAL RECOMMENDATIONS 67% ONLINE REVIEWS
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3X MORE OFTEN THAN IN-BRAND COMPARRISONS COMPETITIVE BRAND
COMPARRISON SEARCHES HAPPEN 3X
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29% 38% USED CAR SHOPPERS NEW CAR SHOPPERS
KNOW THE EXACT MAKE AND MODEL OF INTEREST AT THE BEGINNING OF THE PROCESS 29% 38% NEW CAR SHOPPERS KNOW THE EXACT MAKE AND MODEL OF INTEREST AT THE BEGINNING OF THE PROCESS
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PEOPLE WHO USED YOUTUBE AS PART OF THEIR CAR BUYING PROCESS WERE INFLUENCED BY WHAT THEY WATCHED.
70%
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USE FACEBOOK GRAPH SEARCH TO RESEARCH PEOPLE, COMPETITORS AND CITES.
TRY SEARCHING THESE PHRASES: “PAGES LIKED BY PEOPLE WHO LIVE NEAR EL PASO” “PAGES LIKED BY [ENTER ONE OF YOUR FRIEND’S NAMES]” “PAGES LIKED BY PEOPLE WHO LIKE ATLANTA SILVERBACKS”
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72% CAR BUYERS REPORTED THAT THEY PURCHASED THE VEHICLE THEY HAD IN MIND WHEN THEY FIRST VISITED A DEALERSHIP
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56% & 1 IN 10 AMERICANS HAVE NO CREDIT HISTORY OF CONSUMERS HAVE A
SUBPRIME CREDIT SCORE & 1 IN 10 AMERICANS HAVE NO CREDIT HISTORY
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