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SVTPerformance's Chain of Restaurants
Road Side Pub
Carvana Update - Sold my truck
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<blockquote data-quote="GTSpartan" data-source="post: 16600465" data-attributes="member: 21531"><p>Take a look at how the traditional brick & mortar department stores have fared with the proliferation of the "frictionless" shopping experience. The auto sales industry is following a similar trajectory, albeit a little further behind. As someone noted earlier, these new generations of consumers are much different than the past. An instant, no hassle experience at the tip of their finger is of very high value to them. On top of that, they are at a significant cost structure disadvantage vs. these virtual competitors. The repair/service side could be under threat as well, as EV's are less mechanically complex than their ICE counterparts, which *should* mean less maintenance. </p><p></p><p>Now, traditional dealers aren't going away any time soon, but they will most definitely need to evolve with these changing times, or risk becoming the dodo bird.</p></blockquote><p></p>
[QUOTE="GTSpartan, post: 16600465, member: 21531"] Take a look at how the traditional brick & mortar department stores have fared with the proliferation of the "frictionless" shopping experience. The auto sales industry is following a similar trajectory, albeit a little further behind. As someone noted earlier, these new generations of consumers are much different than the past. An instant, no hassle experience at the tip of their finger is of very high value to them. On top of that, they are at a significant cost structure disadvantage vs. these virtual competitors. The repair/service side could be under threat as well, as EV's are less mechanically complex than their ICE counterparts, which *should* mean less maintenance. Now, traditional dealers aren't going away any time soon, but they will most definitely need to evolve with these changing times, or risk becoming the dodo bird. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Carvana Update - Sold my truck
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